White House virus task-force coordinator Deborah Brix discusses where the next "hot spots" could be in the U.S. She speaks to reporters at a briefing at the White House.
U.S. Vice President Mike Pence says he is working on a proposal to use some funds to cover coronavirus expenses for the uninsured. He spoke to reporters at a briefing in the White House.
The numbers out of Europe showing the rate of virus infection in Italy slowed after three weeks of lockdown, but the number of deaths rising again to 760. Spain and France are also seeing a rise in fatalities.
Worldwide cases of coronavirus have now reached a total of more than a million infections and counting.
Oscar Jorda, senior policy advisor at San Francisco Federal Reserve, discusses how the Covid-19 pandemic could impact the global economy in the long term.
03 Apr 2020 - NEXTDC (ASX:NXT) has successfully completed an institutional placement, raising approximately $672 million through the issue of 86.1 million new shares.
03 Apr 2020 - Treasury Wine Estates (ASX:TWE) has been served with a group proceeding filed against them in the Supreme Court of Victoria.
Ministry of Foreign Affairs spokeswoman, Hua Chunying, defended China's response to the coronavirus outbreak and criticized a U.S. intelligence report which had concluded that China concealed the extent of the coronavirus outbreak within its borders.
The number of Americans applying for unemployment benefits soared to a record 6.65 million last week, a level unimaginable just a month ago. As states shut down commerce to prevent the deadly coronavirus from spreading, the weekly claims data have...
America's once-robust labor market is collapsing faster than at any point in the last century. The details are about to start showing in the monthly jobs report. Nearly 10 million jobless claims have been filed in the past two weeks.
Worried about the coronavirus, Manhattan homeowners held units back, or withdrew them from the market entirely. That pushed the inventory down 8% at the end of March from the beginning of the year -- the first decline for the period since 2007, ap...
03 Apr 2020 - After a rally from US markets, the ASX looks set to open higher. It’s been a rollercoaster of a week as investors monitor the COVID-19 crisis. Over one million people across the world have been infected, with over 51,000 losing their...
Joachim Fels, managing director and global economic adviser at Pacific Investment Management Co. (Pimco), discusses the outlook for the U.S. dollar on "What'd You Miss?"
Harvard University professor Michael Sandel discusses how the coronavirus has exposed the paradoxes that exist within our society, and his hopes for a renewed civic life after the virus recedes.
Jason Trennert, chairman at Strategas Research Partners, discusses market volatility and consumer behavior on "Bloomberg Markets.
Vice President Mike Pence says the American economy will recover from the coronavirus lockdown and more than 100,000 Americans are now being tested daily for the virus. He speaks to Bloomberg's David Westin on "Balance of Power."
RockCreek Group Chief Executive Officer and founder Afsaneh Beschloss says oil could stay "closer to the $20 range" due to global economic weakness.
An easing of Italy's death rate is providing a bit of hope that Europe may be seeing a peak in the coronavirus pandemic.
Vice President Mike Pence says the U.S. economy will strongly rebound from mounting unemployment amid the coronavirus pandemic, after the number of jobless claims grew to 10 million over the past two weeks. He speaks to Bloomberg's David Westin on...
Vice President Mike Pence said more than 100,000 Americans are now being tested daily for coronavirus, as the government tries to ramp up its response to tracking the outbreak. He speaks to Bloomberg's David Westin on "Balance of Power."
President Donald Trump said he expects Saudi Arabia and Russia to cut oil production by around 10 million barrels a day following a phone call with Crown Prince Mohammed Bin Salman on Thursday.
Mark Kiesel, chief investment officer of global credit at Pacific Investment Management Co., discusses the outlook for Treasuries and corporate bond markets amid massive demand for new issuance.
Julian Emanuel, chief equity and derivatives strategist at BTIG, says you can tell a market is starting to bottom when it ceases reacting negatively to bad news. He spoke on "Bloomberg The Open" as U.S.
A total of 6.65 million people filed jobless claims in the week ended March 28 as businesses closed around the nation to try and mitigate the coronavirus outbreak.
Los Angeles Mayor Eric Garcetti recommends that all of the city's residents wear homemade masks when they need to leave the house. Garcetti spoke during a press conference on Thursday, April 1.
China's plan to start buying up cheap oil for its strategic reserves sent Brent crude prices sharply higher.
Jason Furman, Harvard Kennedy School professor of the practice of the economy, discusses the build-up of U.S. debt from stimulus aimed at combating the impact of the coronavirus pandemic.
Joyce Chang, chair of global research at JPMorgan, sees loss of income as the biggest of a number of economic impacts from the coronavirus pandemic.
Italy could see GDP fall as much as 11.5%, says European House - Ambrosetti Managing Partner and Chief Executive Officer Valerio De Molli, as he calls for solidarity on European debt.
European Commissioner for Economy and Financial Affairs Paolo Gentiloni discusses the impact of the coronavirus pandemic on the economy.
The Chinese, Hong Kong and Singapore economies are set for a "healthy recovery" in the second half of the year, according to Standard Chartered Plc Chief Executive Officer Bill Winters.
Adam Marshall, director general for the British Chambers of Commerce, discusses the cash reserves of U.K. businesses and the problems companies are facing.
French utility Engie SA's decision to scrap its dividend was a "difficult decision" but "it does maximize our flexibility" amid the uncertainty of the coronavirus pandemic, Chief Financial Officer Judith Hartmann said in an interview on "Bloomberg...
Jenna Lee, founder and chief executive officer of AIM, a quant-based hedge-fund style investment management firm that serves mostly retail clients in South Korea, shares her views on the markets, investor sentiment and her strategy. AIM has $200 m...
The World Health Organization warned countries battling to contain the spread of the coronavirus pandemic not to change their policies every single day. "We need to be very careful not to knee jerk," Mike Ryan, the head of the WHO's health emergen...
The World Health Organization warned that the coronavirus can be a deadly disease for people in their thirties, forties and fifties and that everybody has a role to play to limit its spread. "Covid-19 is a real threat to everyone on the planet," M...
Philip Thomas, professor of risk management at University of Bristol, discusses the U.K government's rescue plan to combat the fallout from the coronavirus and what he thinks needs to be done to help.
Australian Prime Minister Scott Morrison says the government is offering free childcare to about 1 million families as it steps up efforts to cushion the impact of the coronavirus. He speaks at a press briefing in Canberra.
Coronavirus deaths in the U.S. continue to climb sharply in New York and New Jersey with governors releasing data showing a doubling of fatalities in the past three days. New York's death toll reached almost 2,000 while New Jersey recorded more th...
Thomas Harr, global head of FI&C research at Danske Bank, discusses volatility in equity markets and his outlook for fixed income.
AirAsia Group Bhd. Chief Executive Officer Tony Fernandes discusses how the budget carrier is coping with the coronavirus outbreak. AirAsia Group is weighing options for its long-haul unit AirAsia X Bhd. including introducing a financial investor ...
Jinzi Wu, chairman and chief executive officer of Hong Kong-listed Ascletis Pharma Inc., which specializes in antiviral treatment, discusses the company's efforts to fight the coronavirus.
Stefan Leser, chief executive officer at Langham Hospitality Group, discusses how the coronavirus outbreak is weighing on the hotel industry.
Chris Brightman, chief investment officer at Research Affiliates LLC who co-manages the PIMCO All Asset and All Asset All Authority funds, discusses the volatility in financial markets and his strategy.
China's big three carriers are striking a defiant tone in their annual results saying the impact of the coronavirus on their operations won't last long despite unprecedented disruption.
Takeshi Niinami, president and chief executive officer at Suntory Holdings Ltd., discusses the impact of coronavirus on the business and the challenges he's facing in the work from home environment.
The U.S. intelligence community has now accused China of concealing the extent of its coronavirus reporting of the outbreak. That's according to 3 U.S. officials citing a new classified report to the White House.
02 Apr 2020 - Rural Funds Management as responsible entity for the Rural Funds Group (ASX:RFF) has been awarded damages over a Bonitas short sell report.