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 …

Bloomberg Global central bankers enter a new week under fresh pressure to outline the next steps in their battle to address the impact of the coronavirus outbreak. Policy makers got a wakeup call last week as the Federal Reserve’s emergency interest rate cut did little restore confidence, leaving officials hunting for innovative ways to add stimulus that can have a …

Bloomberg Intesa Sanpaolo SpA will go ahead with its plan to take over smaller rival UBI Banca SpA if at least 50.1% of its shareholders adhere to the offer, Chief Executive Officer Carlo Messina said in an interview with Corriere della Sera. “Given the value of the deal for the country, as well as for Intesa Sanpaolo and UBI itself, …