Bloomberg The coronavirus outbreak presents another reason for nations with fiscal surpluses to boost their spending and support the global economy, the head of the Organisation for Economic Cooperation and Development (OECD) said. “It’s a call to arms,” Angel Gurria, secretary general of the OECD, said in an interview with Bloomberg TV in Saudi Arabia. “Look at what’s going on. …

Bloomberg Sales of previously owned US homes remained robust in January as low borrowing costs and higher wages continue to make purchasing attainable. Contract closings eased 1.3% from the prior month to a 5.46 million annual rate, according to National Association of Realtors data that slightly exceeded the median estimate in Bloomberg’s survey. The median sales price climbed 6.8% from …

Bloomberg British Columbia is delaying a decision on a controversial stretch of the Coastal GasLink pipeline and asking TC Energy Corp to take more time to engage with indigenous groups after weeks of debilitating protest blockades along Canada’s rail network. In an emailed letter to TC Energy, the province’s Environmental Assessment Office (EAO) said it needs additional information to make …