Australian economy headed for first recession since 1991: Bloomberg Economics


SYDNEY (BLOOMBERG) – Australia’s economy will record its first recession since 1991 as the hit from the coronavirus-induced slowdown is amplified by slumping confidence and domestic disruptions from the outbreak intensifying Down Under, according to Bloomberg Economics’s James McIntyre. Gross domestic product will fall 0.4 […]

PRESS DIGEST- British Business – March 9


March 9 – The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times Port of Dover has sounded the alarm over Prime Minister Boris Johnson’s levelling-up agenda, […]

MORNING BID-Between stimulus euphoria and virus dejection


A look at the day ahead from Karin Strohecker, chief correspondent, emerging markets. The views expressed are her own. A glum end to another difficult week. We’ve seen wild swings in major equity indexes, U.S. Treasury yields collapsing below 1% and investors torn between euphoria […]