By Lewis Krauskopf NEW YORK (Reuters) – The coronavirus shockwaves rippling through U.S. stocks are forcing investors to contemplate outcomes more dire than a recession, including several quarters of declining economic activity, a credit crisis or even a depression. The rising global toll from the pandemic and the uncertainty over how far it may spread […]
MEXICO CITY (Reuters) – Mexican retail sales posted their sharpest monthly increase in more than three years in November, delivering a lift in the final quarter to the country’s struggling economy, official data showed on Monday. The seasonally-adjusted 1.7% month-on-month rise was the biggest since October 2016, according to figures published by national statistics agency […]
LISBON (Reuters) – Portugal’s flag carrier TAP <TAPA.UL> has asked for a state-backed loan to aid the survival of the company, which is at its most fragile since it was founded, board Chairman Miguel Frasquilho said in a parliamentary hearing on Thursday. “TAP has addressed a bid for support to the Portuguese state,” Frasquilho said, […]
