FILE PHOTO: A Tiffany & Co logo is seen outside

Rome to take full control of Alitalia in June: minister

MILAN (Reuters) – The Italian government will take full control of Alitalia [CAITLA.UL] in June, Industry Minister Stefano Patuanelli said on Thursday, adding the airline would have gone bust due to the coronavirus crisis otherwise. Alitalia has been run by state-appointed administrators since May 2017 and the difficulties caused by the pandemic came on top […]

Too early for accurate figures on coronavirus impact on global growth: IMF

RABAT (Reuters) – It is premature to give precise projections of economic growth in China and the World in 2020 following the outbreak of coronavirus, IMF Managing Director Kristalina Georgieva said on Thursday. The IMF is still reviewing its projections for growth in China while looking at the impact of the epidemic on the global […]

U.S. Treasury futures jump at open as coronavirus shutdowns widen

By Alden Bentley (Reuters) – Futures on safe-haven U.S. Treasuries jumped at the open Sunday night, implying Friday’s fall in ten-year Treasury note yields would continue as more states joined the shutdown of huge swaths of the American economy to contain the runaway spread of coronavirus. By Sunday night, nearly one in three Americans were […]