As an elected official in the heart of New York City’s coronavirus outbreak, Francisco Moya has been performing the same chores as other politicians these days: pleading for desperately needed medical equipment and encouraging residents to adopt social distanc... More »
Two years ago when Father Marco Casella was assigned his first parish he decided to reinstate a tradition that had long disappeared in the small Sicilian town of Mirabella Imbaccari.
The 32-year-old Catholic priest organised a Holy Week procession to celebrate... More »
When Russian astronaut Oleg Skripochka last set foot on earth in September, the first recorded case of Covid-19 was two months away and few outside of pathology circles knew what a “coronavirus” was.
Next week, the 50-year old will return to a planet drastical... More »
In late February, Bill Ackman began worrying about the approaching coronavirus pandemic. The silver-haired billionaire was so concerned about the economic fallout that he even contemplated selling all of the holdings at the investment group he founded almost t... More »
An uncomfortable thought occurred to me last Tuesday as I sat in my sunny garden having lunch with two of my adult children and listening to birdsong not drowned out by traffic: I am loving lockdown.
Am I allowed to say that? Thousands of people all over the ... More »
For months Singapore, Hong Kong, Taiwan and South Korea were lauded for their deft handling of the coronavirus.
Death tolls were low and economically-crippling lockdowns avoided, in stark contrast to China, Europe and the US, which were accused of responding ... More »
Global equity funds notched their second straight week of inflows after suffering from a string of outflows, as nascent signs emerged that the spread of coronavirus was being curtailed in parts of the US and Europe.
The shift by investors has helped support a... More »
Eurogroup finance ministers have agreed an emergency rescue package aimed at responding to the coronavirus crisis but left unresolved questions on how to pay for a later economic recovery plan for the bloc.
The breakthrough on immediate economic measures suppo... More »
The Organization of the Petroleum Exporting Countries, Russia and other countries reached a tentative agreement on Thursday to temporarily cut production, according to a person with knowledge of the matter.OPEC and the other oil-producing countries agreed to c... More »
The Federal Reserve said it could pump $2.3 trillion into the economy through new and expanded programs it announced on Thursday, ramping up its efforts to help companies and state and local governments suffering financial damage from the coronavirus.The centr... More »
Masayoshi Son pledged as much as 60 per cent of his shares in SoftBank as collateral against billions of dollars of personal loans in March, as the company’s plunging market value threatened to expose him to margin calls.
Mr Son pledged an additional 57m Soft... More »
Opec and Russia agreed on Thursday to make deep cuts to oil production, ending a weeks-long market-share war that put further pressure on prices already reeling from the biggest demand collapse in history.
But the market reaction was punishing after details of... More »