Bloomberg Norway’s central bank said it is ready to intervene after the bottom seemed to fall out of the krone market. “In recent days, there has been an extraordinary situation in the market for Norwegian kroner and movements in the exchange rate have been historically large,” the central bank said. “Against this background Norges Bank is continuously considering whether there …

Bloomberg The Bank of England (BOE) cut interest rates to a record-low 0.1% and added 200 billion pounds to its asset-purchase program in its latest emergency action to mitigate the economic impact of the coronavirus pandemic. The pound rose. The decision, just days into the tenure of new Governor Andrew Bailey, saw the central bank lower rates by 15 basis points …

Bloomberg US airlines are strenuously pushing the Trump administration and Congress for cash grants, arguing behind the scenes that a Senate proposal to hand them billions of dollars in taxpayer-backed loans isn’t sufficient to guarantee their long-term health, two people familiar with the matter said. Industry lobby group Airlines for America had been urging the White House to agree to …