Bloomberg Gold suppliers are in talks to use chartered or cargo flights to transport the precious metal, which usually moves around the world in commercial planes and has been left stranded as global travel grinds to a halt. The global gold market has been thrown into upheaval by the coronavirus outbreak. Logistics are becoming increasingly difficult and some leading refineries ...

Bloomberg The African Development Bank (AfDB) said it issued the world’s biggest social bond yet by selling $3 billion of notes to fight the impact of the coronavirus on the continent. Africa’s biggest multilateral lender received $4.6 billion in bids for its Fight Covid-19 social bond, it said in a statement. More than half of bids for the three-year bond, ...

Bloomberg Bank of America Corp. (BofA) said it won’t cut any jobs this year as a result of the coronavirus, and is helping clients affected by the pandemic through increased commercial lending to companies and expanded forbearance for Main Street customers. The Charlotte, North Carolina-based lender has hired 2,000 people this month and is shifting more than 3,000 employees to ...