Bloomberg The Swiss National Bank (SNB) is stepping up currency interventions to stem the franc’s advance, choosing that measure over an interest-rate cut to combat the economic fallout from the coronavirus outbreak. It said the virus poses “exceptionally large challenges” and that the currency is “even more highly valued.” That change to its wording on the franc is a warning ...

Bloomberg Amazon.com Inc’s delivery delays of non-essential goods will extend for at least another month for many customers in the US and Europe, stirring panic among online merchants who rely on the web retailer for business. The lengthening delivery times come on top of confusion over how the company identifies essential products, a task that appears to be performed by ...

Bloomberg The world is close to running out of space to store all the fuel that jets are no longer burning. Only about 20% of land-based storage for the product remains — about 50 million barrels — while airlines cut flights, according to Vienna-based consultant JBC Energy GmbH. A collapse in air travel due to the coronavirus pandemic has brought ...