Bloomberg UK inflation slowed slightly in February before the impact of the coronavirus really hit the economy. Consumer prices rose 1.7% from a year earlier, from 1.8% previously, the Office for National Statistics said on Wednesday. Since the information was gathered the inflation outlook has been thrown into turmoil by economic crisis wrought by coronavirus pandemic, and the curbs on ...

Bloomberg Google and other digital advertising companies are seeing revenue growth wither as marketers slash spending ahead of an expected recession triggered by the coronavirus. The global pandemic and the ensuing slump in economic activity is crushing several industries that have been big buyers of Google and Facebook Inc. ads, including online travel agents, automakers, restaurants and retail. “I’m hearing ...

Bloomberg Deere & Co. is halting production in agricultural behemoth Brazil as the coronavirus outbreak erodes sales for the world’s biggest tractor maker. In a bid to protect employees and families, Deere said it will suspend two facilities in Brazil on Wednesday for an undetermined period while four other units will stop on Monday. Deere, the world’s biggest tractor maker, ...