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France to guarantee $335b of bank loans, says Macron

Bloomberg France will guarantee up to 300 billion euros ($335 billion) of bank loans to companies in an effort to bolster firms threatened by the impact of the coronavirus outbreak, President Emmanuel Macron said. The government will also allow companies to delay paying their taxes and social security contributions and provide support to help them delay loan payments, Macron said ...

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UK promises extra help for business

Bloomberg UK businesses struggling to avoid collapse will be promised extra help by Boris Johnson’s government as the coronavirus inflicts further damage on the global economy. Airlines, tourist attractions, restaurants and theaters are among organisations facing a bleak outlook after the prime minister announced curbs on public events, travel and social gatherings. On Tuesday, Chancellor of the Exchequer Rishi Sunak ...

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Facebook, Microsoft, Google team up against virus misinformation

Bloomberg Facebook Inc, Alphabet Inc.’s Google, Microsoft Corp., Twitter Inc. and Reddit said they are teaming up to provide accurate information about the coronavirus and the Covid-19 illness it causes. “We’re helping millions of people stay connected while also jointly combating fraud and misinformation about the virus, elevating authoritative content on our platforms, and sharing critical updates in coordination with ...

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