Bloomberg The US Small Business Administration (SBA) is capping the value of loans individual banks can arrange under a federal economic relief program for small businesses after a fresh infusion of funding. The move reflects concerns among advocates for small businesses that the biggest US banks, which are ready to flood the SBA with applications, could dominate the lending and ...

Bloomberg China should maintain liquidity at a reasonably ample level and offer targeted support to companies hit by the coronavirus epidemic, China’s central bank Governor Yi Gang said. The impact from the virus on China’s economy will be short-lived, and the fundamentals won’t change, according to the article by Yi published by the Economic Research Journal in its March issue. ...

Bloomberg Airbus SE chief Guillaume Faury warned employees that the planemaker is “bleeding cash” and needs to quickly cut costs to adapt to a radically shrinking aerospace industry. With airline customers fighting to survive and unable to accept new aircraft, Airbus is juggling its delivery schedules while reassessing its long-term outlook for the aerospace industry, Faury told staff in a ...