Bloomberg South Africa’s stock market is set for its worst quarter on record as the coronavirus ravages global equities, but gold miners are at least shining amid the gloom. The FTSE/JSE Africa Gold Mining Index is the sole Johannesburg industry sector to post gains in 2020, rising 11% as bullion prices advance for the sixth consecutive quarter. The broader South …

Bloomberg Three days after President Trump signed a $2 trillion stimulus into law, Kohl’s Corp, Macy’s Inc and Gap Inc joined the growing number of retailers to halt pay for much of their workforce on March 30, while preserving some benefits. With these furloughs, that brings the total number of employees who are out a paycheck at major US chains …

Bloomberg Virgin Australia Holdings Ltd asked the government for a A$1.4 billion ($863 million) loan to get through the coronavirus crisis. The airline, which is mostly owned by other foreign carriers, sought the aid as part of a A$5 billion support package it’s seeking for the Australian aviation industry, a spokesman for Virgin Australia said. The loss-making airline has furloughed …