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Mexican billionaire says health officials wrecking economy

Bloomberg Mexican billionaire Ricardo Salinas Pliego called on government health officials to stop imposing “authoritarian” policies to contain the spread of the coronavirus outbreak that the mogul said were damaging the economy. Salinas Pliego, who owns bank and appliance dealer Grupo Elektra and the country’s second largest TV network TV Azteca, said Mexicans needed to be free to decide what ...

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Global stock rally returns on fresh stimulus hopes

Bloomberg Stocks advanced alongside US equity futures as plans for more American stimulus revived investor sentiment. A gauge of European corporate debt risk fell the most in two months. Carnival Plc and EasyJet Plc rallied more than 7%, helping lead gains in the Stoxx Europe 600 Index. The dollar weakened against almost all of its major peers. The pound climbed ...

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Indian stocks pare gain, bonds decline

Bloomberg Indian equities pared gains, while the rupee and sovereign bonds declined, after a skirmish between the nation’s soldiers and Chinese troops in a border area reignited geopolitical risks. The benchmark S&P BSE Sensex index rose 1.1% as of 2:32 pm in Mumbai, after earlier climbing as much as 2.4% after the Indian army said three soldiers died in the ...

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