Even Richard Branson couldn’t provide the spark needed to save struggling Flybe. The UK’s largest domestic airline collapsed into administration on March 05 after failing to secure a last-ditch bailout from the government. There is no doubt that the coronavirus played a part in Flybe’s demise. The spread of the deadly disease is having a devastating effect travel and tourism. ...

Bloomberg After a decade-long uphill battle against passive investing, active funds are getting a rare moment of respite, courtesy of the worst equity sell-off since 2018. About 60% of large-cap mutual funds beat their benchmarks as the S&P 500 tumbled into a correction in February, the best hit rate in two years, according to data compiled by Bank of America ...

Bloomberg A second hit could be coming for China’s economy after its initial shock from the coronavirus, said Joe Davis, chief economist at fund giant Vanguard Group. While China has seen new cases of the virus slow, its spread is intensifying in the US and Europe. Should that trend keep hammering the economies of both regions, it could knock a ...