Bloomberg German officials are ready to help Italy get through the coronavirus pandemic and are prepared to support an emergency loan from the euro area’s bailout fund. The preferred option in Berlin would see Italy granted an enhanced credit line by the European Stability Mechanism with minimal conditionality, according to a German official with knowledge of the government’s thinking. While ...

Bloomberg Russia is starting to restrict exports of some goods while easing imports as part of the government’s response to the global coronavirus crisis. A government coronavirus prevention council ordered exports of groats suspended for 10 days starting on March 20, the state-run Tass news service reported, citing a letter from the agricultural agency Rosselkhoznadzor. Groats typically include rice and ...

Bloomberg US index futures and European stocks rallied alongside Asian shares on Tuesday as investors rediscovered some appetite for risk after global equities hit their lowest level since 2016. The dollar slumped following a 10-day winning streak, and Treasuries slipped. Contracts on the S&P 500, Nasdaq 100 and Dow Jones Industrial Average all jumped more than 5% to hit their ...