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No specific coronavirus bailout for aviation industry

Chancellor Rishi Sunak has decided against creating a specific support package for the aviation industry, which is suffering from a collapse in demand due...

Stocks surge as US government seeks to support economy during outbreak

US stocks jumped as American president Donald Trump promised he would be “going big” with plans to blunt the economic pain caused by the...

Airbus suspends production at French and Spanish sites due to coronavirus

Airbus has suspended production at its French and Spanish sites for four days due to the coronavirus. The aerospace giant announced that the factories will...

Branson criticised as Virgin Atlantic staff forced to take unpaid leave

Billionaire Sir Richard Branson has been urged by Labour politicians in the UK to cover the wages of Virgin Atlantic staff forced to take...

Bank of England governor vows on first day to take prompt action on Covid-19

The new governor of the Bank of England has started his first day in the job vowing to take “prompt action again” to deal...

Apple closes all stores outside Greater China amid coronavirus outbreak

Apple is closing all stores outside Greater China until March 27 in response to the coronavirus pandemic. The firm said the most effective way to...

US stocks suffer worst losses since Black Monday crash of 1987

The escalating coronavirus emergency has sent US stocks to their worst losses since the Black Monday crash of 1987. The plunge extended a sell-off that...

European Central Bank offers stimulus to offset coronavirus impact

The European Central Bank (ECB) is deploying new stimulus measures to cushion the economic pain inflicted by the coronavirus outbreak. The central bank for the...

US stocks plunge after coronavirus declared a pandemic

US stocks have plunged lower on Wednesday, with the Dow Jones industrials sinking more than 1,400 points, as investors became more fearful about the...

UK best placed to cope with economic impact of coronavirus – British Chancellor

Britain's Chancellor Rishi Sunak and the Bank of England have moved to bolster the UK economy against the impact of coronavirus, with measures promised...

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