Bloomberg South Africa’s rand headed for a near-four-year low, stocks entered a correction and bonds slumped as concerns about a looming credit-rating downgrade to junk compounded fears about the effect of the coronavirus on the country’s economy. The stampede away from risk assets hammered commodities from oil to copper and iron, driving the Bloomberg Commodity Index to a 33-year low …

Bloomberg Citigroup Inc expanded restrictions on employee business travel this week as the coronavirus continued its spread around the world, according to people familiar with the matter. The bank added Italy to the list of countries off-limits to employees after restricting travel to and from Asia for the last several weeks, the people said, asking not to be named discussing …

Bloomberg London Heathrow’s expansion plans face further delays after environmental activists won an appeal over a third runway that Europe’s busiest airport says it needs to boost flights and compete with rival hubs. Appeal court judges overturned a decision from May in favour of the project, saying the UK government failed to take full account of international agreements on climate …