BENGALURU (REUTERS) – The global business travel sector is expected to take a revenue hit of about US$820 billion (S$1.14 trillion), with China accounting for nearly half of the losses, as corporates curb travel plans in the wake of the…
Read MoreUK cuts growth forecasts for 2020, increases for 2021
LONDON, March 11 (Reuters) – British finance minister Rishi Sunak announced updated growth forecasts for the country’s economy which was on course to expand by 1.1% this year and 1.8% in 2021, as he presented his first annual budget on…
Read MoreItaly's econmin hopes ECB will support Rome's anti-coronavirus measures
ROME, March 11 (Reuters) – Economy Minister Roberto Gualtieri on Wednesday said he expected the European Central Bank to support Italy as the government prepared a raft of measures to counter the impact of the coronavirus on businesses and citizens….
Read MoreUPDATE 1-BOJ likely to ease policy in bid to bolster sentiment, sources say
* Increasing ETF buying emerging as strong option – sources * BOJ focus for now on stabilising markets, lifting mood * More thorough analysis of economy will come in April * BOJ next meets for rate review March 18-19 (Adds…
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