Alphabet soup: How will post-virus economic recovery shape up?
(This story had been refiled to add missing words in paragraph 16 of story first published April 9.) By Dhara Ranasinghe and Ritvik Carvalho LONDON (Reuters) – Will be it a U? A V? Maybe a W? Predictions for economic recovery after coronavirus-linked lockdowns are throwing up a medley of letters to indicate whether we […]
Virus second-wave fears rattle markets, stocks fall
LONDON (Reuters) – Fears that a second wave of COVID-19 infections is under way sent jitters across global markets on Monday with stocks and oil under pressure while investors bought into safe havens such as German government debt. Beijing reported its second consecutive day of record numbers of virus cases and hospitalisations rose in some […]
Japan Inc gets stingier on pay hikes as coronavirus clouds gather
By Tetsushi Kajimoto and Naomi Tajitsu TOKYO (Reuters) – Against the backdrop of the coronavirus epidemic and a looming global economic slowdown, major Japanese firms tightened their belts in influential annual wage deals hammered out with unions on Wednesday. Setting the tone, bellwether Toyota Motor Corp <7203.T> said it had agreed to give workers an […]