Bloomberg The UK’s recovery already looks well past its peak, putting the economy on a shaky footing as it enters a winter of stricter restrictions to control the coronavirus. The worrying outlook prompted JPMorgan Chase to almost halve its forecast for fourth-quarter growth, with the bank expecting regional lockdowns to have a wider impact on sentiment across the country. That ...

Bloomberg European stocks dropped to a five-month low and US equity futures slumped as rising coronavirus infections and tougher lockdowns added to worries about the economic hit from pandemic. The Stoxx Europe 600 Index sinks 2.5% after German Chancellor Angela Merkel proposed closing bars and restaurants for a month to curb the spread of the virus. The selloff across Europe ...

Bloomberg South Africa’s main stock index dropped as much as 0.8% to the lowest since September 28 as major mining companies led the declines, with investors globally concerned about the impact of the worsening pandemic on economic activity and as jitters over next week’s US presidential election rise. Locally, traders are awaiting Finance Minister Tito Mboweni’s medium-term budget statement. The ...