ROME, May 24 (Reuters) – Italy recorded 50 new deaths from the COVID-19 epidemic on Sunday against 119 the day before, the Civil Protection Agency said. However, it added that […]
Survey finds B.C. businesses facing major hurdles, as province seeks to reopen economy
More than four in 10 B.C. businesses say they’ll need ongoing federal and provincial help to survive the COVID-19 pandemic, according to a new survey. The survey of 1,300 businesses […]
Coronavirus: Peterborough-area municipalities yet to recall bulk of laid-off workforce
As a means of tightening the books and halting certain services, municipalities across Ontario have had to lay off part-time and seasonal staff due to the coronavirus pandemic. The City […]
Alberta government to change restrictions on foothills coal mining to ease development
The Alberta government is changing coal policies to make it easier to develop open-pit mines in one of the province’s most sensitive areas. Alberta says it will abolish land use […]
Thailand cuts key rate for third time as economic crisis worsens
BANGKOK (BLOOMBERG) – The Bank of Thailand cut its benchmark interest rate for the third time this year to a record low as the economy is expected to shrink further […]
Fed's Rosengren says U.S. unemployment rate could remain at double-digit levels by end of year
May 19 (Reuters) – Businesses will face weak demand as long as consumers and workers are worried about public health, and the unemployment rate is likely to stay in the […]
MORNING BID-EU rescue proposal, vaccine hope lifts spirits
A look at the day ahead from emerging markets chief correspondent Karin Strohecker. The views expressed are her own. Following two months of hesitation, a joint EU response to the […]
EMERGING MARKETS-Latam stocks, FX surge as commodity prices rally
By Susan Mathew May 18 (Reuters) – Latin American stocks and currencies roared higher on Monday, with Brazil shares rising 3.5% as a commodity prices surged on hopes of economic […]
Illinois eyes using Fed muni facility for cash-flow borrowing
CHICAGO, May 15 (Reuters) – Illinois, the U.S. state in the worst fiscal shape even before the coronavirus outbreak, may be able to use the Federal Reserve’s new Municipal Liquidity […]
UPDATE 1-South Africa's rand weakens on coronavirus rebound fears
(Adds latest prices) JOHANNESBURG, May 15 (Reuters) – South Africa’s rand fell on Friday and ended lower on the week as fears about a resurgence of coronavirus infections hurt sentiment […]