Bloomberg The biggest Nordic economy may be about to sink into its worst recession in living memory, with the fallout of the coronavirus likely to do more damage than the financial crisis of 2008. Gross domestic product will probably fall about 4% this year, Swedbank economists said in a new report on Wednesday. But the decline could be as bad ...

Bloomberg CVS Health Corp. said it plans to hire 50,000 people in full-time, part-time and temporary jobs to tackle surging demand for drugstore services and health goods during the US coronavirus outbreak. The drugstore chain said it plans to hire store workers, delivery drivers, distribution center workers and customer service employees. CVS and other pharmacies are inundated with people stocking ...

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 ...