Bloomberg Just weeks after a surging dollar was causing havoc in world financial markets, President Donald Trump has decided that a muscular US currency is a good thing after all. “The dollar is very strong,” he told a press conference. “And dollars — strong dollars are overall very good.” The comment marked a U-turn from the president’s rhetoric for much ...

Bloomberg IWG Plc is considering selling and leasing back offices to raise as much as 250 million pounds ($312 million) to help it weather the coronovirus pandemic, the Sunday Times reported. The firm, which owns the Regus and Spaces brands, plans to sell and then lease back more than 10 UK buildings, the newspaper said. Small business tenants of Regus ...

Bloomberg Mexico’s economic contraction may be deeper than expected, according to Scotiabank. The bank now estimates Mexico’s gross domestic product (GDP) to drop 8.4% in 2020, more than the 5.77% contraction it predicted on March 20, due to the increasingly adverse economic indicators, Economia Hoy newspaper reported. The forecast was adjusted due to the lack of an effective policy response ...