Bloomberg The Philippines is known for training nurses and exporting them to all corners of the world, but now the nation finds itself shorthanded just as its number of coronavirus infections and deaths skyrocket. The islands’ death toll from Covid-19 has surged nearly fivefold since April 1 to 462, and the confirmed cases have tripled to 6,981 as of April ...

Bloomberg The Trump administration faces significant hurdles in getting the Federal Reserve to help rescue an oil industry squeezed by plunging crude prices given the central bank’s aversion to helping specific industries and its lack of authority to help businesses that are insolvent. The Fed regards loan programmes aimed at a specific industry as credit allocation — something Chairman Jerome ...

Bloomberg India Grid Trust, an infrastructure investment trust backed by private equity fund KKR & Co and Singapore’s GIC Pte, is looking to add as much as $786 million of solar power projects to its portfolio and expects some financially stressed assets to become available in the wake of the coronavirus pandemic. The move is part of the firm’s plan ...