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Covid-19: Italy to extend nationwide lockdown

Bloomberg The Italian government will extend its nationwide lockdown to April 13, as relaxing rules too early would negate efforts to counter the spread of the coronavirus, Health Minister Roberto Speranza said. “Getting the timing wrong or taking decisions too early would end up cancelling out the work done in these very difficult weeks,” Speranza told the Senate in Rome. ...

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Europe stocks decline with US futures; dollar climbs

Bloomberg Stocks fell in Europe and Asia along with US equity futures as investors took in worsening American coronavirus figures and assessed the impact of the pandemic on corporate profits and dividends. The dollar climbed with Treasuries. Banks led the decline in the Stoxx Europe 600 index after lenders including HSBC Holdings Plc and Standard Chartered Plc halted dividends and ...

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Covid-19: India budget under severe strain as new fiscal year begins

Bloomberg India kicks off its fiscal year with revenues under severe strain. A prolonged slowdown in the economy depressed tax collections in the financial year that ended on April 1, latest official data show. As India now conducts the world’s biggest lockdown, budget pressures are set to worsen. Finance Minister Nirmala Sitharaman has already outlined a virus relief package of ...

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