Coronavirus: the economic recovery won’t only be U-shaped – it’ll look like a wheelbarrow
The economic effects of the coronavirus crisis will be severe but short-lived, according to much of the recent commentary. The cautious revival in stock...
Big companies raise record sums from bond market in panicked rush for cash
The world’s highest-rated companies, including Warren Buffett’s Berkshire Hathaway, Disney and the drugmaker Pfizer, have bolstered their ability to weather the economic downturn, swallowing...
Coronavirus To cost the Luxury Goods Sector Above $40,000 billion
Luxury companies including Burberry, Ralph Lauren, Coach, and Capri Holdings—which owns Michael Kors, Versace, and Jimmy Choo warned of lost sales amounting to tens...