Bloomberg Jaguar Land Rover Automotive Plc has shelved plans to issue a US dollar bond after investors demanded too high an interest rate to compensate for the risk the coronavirus poses to the luxury carmaker, according to people familiar with the matter. Jaguar hired Bank of America Merrill Lynch to meet investors in the US recently ahead of a potential ...

Bloomberg China’s top leaders said they will exercise more flexibility in monetary and fiscal policy, signaling a greater focus on reviving an economy pummelled by the virus outbreak. Fiscal policy will be more proactive, while construction projects will be accelerated, according to a statement issued after a Politburo meeting chaired by President Xi Jinping on February 21. The central bank ...

Bloomberg Ride-hailing firm Grab Holdings Inc reversed its decision to cease a driver incentive programme in Singapore following a backlash from drivers who are worried about their earnings during the coronavirus outbreak. The move comes after Grab unexpectedly told its driver partners it would replace existing incentive programmes with a new government-backed virus aid package. Grab’s so-called “Super Steady Streak” ...