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Covid-19: France set to ease lockdown

Bloomberg France will lay out its plan to roll back lockdown measures, joining countries including Germany, Italy and the Netherlands in easing restrictions as the economic pain from the fallout of the coronavirus intensifies. French Prime Minister Edouard Philippe was expected to unveil final details of his plan to end curbs on public life on Thursday. The country is preparing ...

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Japan set to approve remdesivir for virus

Bloomberg Japan was set to approve on Thursday the antiviral drug remdesivir for use against the novel coronavirus, Prime Minister Shinzo Abe said, without giving details. The relatively quick move by Japan’s usually conservative authorities is expected days after the US authorised Gilead Sciences Inc’s drug for emergency use on virus patients. Abe did not indicate in an interview earlier ...

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Prudential expects $200m earnings cut

Bloomberg Prudential Financial Inc. expects coronavirus deaths to cut earnings by about $200 million this year after it swung to a net loss in the first quarter. The life insurer’s earnings will be hardest hit in the second quarter, by an estimated $135 million, company executives told analysts on a conference call. That assumes 100,000 fatalities in the US and ...

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