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Bloomberg European Central Bank (ECB) President Christine Lagarde unveiled a calibrated package of monetary policies …
Read More »Lagarde launches surgical aid for economy with new ECB stimulus
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Santander offering $23 billion loans to SMEs over virus risk
Bloomberg Banco Santander SA created a special 20 billion euro ($23 billion) line of credit …
Read More »BOE cuts rates in emergency move since financial crisis
Bloomberg The Bank of England (BOE) cut interest rates in its first emergency move since …
Read More »Covid-19: DBS expects 2% hit in revenue as loans sour
Bloomberg DBS Group Holdings Ltd. signalled that its expected 2% revenue hit from the coronavirus …
Read More »Norway’s DNB closes Oslo trading floor
Bloomberg DNB ASA, Norway’s biggest bank, has closed the trading floor of its Oslo headquarters …
Read More »Wells Fargo’s Scharf says bank has ‘sense of urgency’
Bloomberg Wells Fargo & Co.’s new chief executive officer told lawmakers that the bank hasn’t …
Read More »US officials discuss allowing airlines to keep ticket tax
Bloomberg White House officials are discussing temporarily allowing cash-strapped airlines to keep some taxes and …
Read More »FAA probes Southwest Air 737 fuselage crack
Bloomberg Federal aviation officials are investigating the cause of a 12-inch-long crack that developed in …
Read More »Air France-KLM CEO bolsters cash, prepares virus crisis plan
Bloomberg Air France-KLM is building up cash reserves and preparing a crisis plan to cut …
Read More »Coronavirus: Panicked shoppers empty America’s grocery shelves
Bloomberg Ever since mid-January, Adnan Durrani, chief executive officer of frozen-food company Saffron Road, knew …
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