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Fitch downgrades Italy rating to BBB- due to COVID-19

Fitch downgrades Italy rating to BBB- due to COVID-19

2020-04-29 10:34

Fitch Ratings said here on Tuesday it has downgraded Italy's credit rating to "BBB-" from "BBB" due to the "impact of the global COVID-19 pandemic."

U.S. Fed officials to discuss relief loan programs amid COVID-19 fallout

U.S. Fed officials to discuss relief loan programs amid COVID-19 fallout

2020-04-29 06:59

U.S. Federal Reserve officials are expected to discuss the central bank's lending programs for businesses and local governments at its policy meeting.

French parliament greenlights lockdown exit plan

French parliament greenlights lockdown exit plan

2020-04-29 03:40

The French National Assembly adopted the government's plan to cautiously and progressively ease anti-coronavirus lockdown starting May 11.

Austria set to ease COVID-19 restrictions in May

Austria set to ease COVID-19 restrictions in May

2020-04-29 02:10

Austria has decided to progressively lift its lockdown on May 1.

UK GDP to shrink by 7.2% this year if lockdown continues till mid-May

UK GDP to shrink by 7.2% this year if lockdown continues till mid-May

2020-04-29 02:07

Britain's economy is estimated to shrink by 7.2 percent this year if the lockdown continues till the middle of May.

Germany reports 1,144 new COVID-19 cases

Germany reports 1,144 new COVID-19 cases

2020-04-28 14:51

Germany on Tuesday morning reported 1,144 new confirmed COVID-19 cases, bringing its total tally to 156,337.

S.Koreas export volume rises 10.6 pct in March on chip demand

S.Korea's export volume rises 10.6 pct in March on chip demand

2020-04-28 13:45

South Korea's export volume rose in double figures last month on strong chip demand, central bank data showed Tuesday.

U.S. begins to reopen economy, impact on Nov. elections unknown

U.S. begins to reopen economy, impact on Nov. elections unknown

2020-04-28 12:22

This week will see many U.S. states re-open their economies after the historic COVID-19 lockdown has ravaged the U.S. economy.

S.Koreas consumer sentiment worsens to lowest in 11 years

S.Korea's consumer sentiment worsens to lowest in 11 years

2020-04-28 11:06

Sentiment among South Korean consumers over economic situations worsened to the lowest in more than 11 years on worry about the COVID-19 outbreak.

New York state to partly extend shutdown order

New York state to partly extend shutdown order

2020-04-28 10:30

The following are the updates on the global fight against the COVID-19 pandemic.- - -

Global COVID-19 cases top 3 mln, U.S. economic outlook darkens

Global COVID-19 cases top 3 mln, U.S. economic outlook darkens

2020-04-28 06:33

Global COVID-19 cases crossed the 3 million mark Monday, with nearly one-third of them in the United States.

Volkswagen resumes production at its main plant in Germany

Volkswagen resumes production at its main plant in Germany

2020-04-27 21:09

Germany's largest automobile manufacturer Volkswagen announced on Monday that it is resuming vehicle production in its main plant in Wolfsburg.

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