Finance

Bunnies to the rescue as virus hits Belgian chocolatiers

SINT-PIETERS BRUGGE, Belgium — Master chocolatier Dominique Persoone stood forlorn on his huge workfloor, a faint smell of cocoa lingering…

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How the Pandemic Wiped Out Oil Demand Around the World

(Bloomberg) — Global oil demand is being destroyed as the coronavirus forces people around the world to remain indoors and…

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Quarterly Shake-Up for World’s Biggest ETF Delayed Until June

(Bloomberg) — Rebalances for some of State Street Corp.’s biggest ETFs are being delayed until summer amid coronavirus-fueled market turmoil.The…

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Global Oil Deal at Risk After Mexico Refuses Saudi-Russia Plan

(Bloomberg) — An historic multilateral deal to lower global oil production and stabilize prices, led by record cuts from Saudi…

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Food Supply Fears Are Growing as Romania Bans Grain Exports

(Bloomberg) — Romania became the first country to cut off grain exports during the coronavirus pandemic, a dramatic move that…

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The Latest: Turkey sends plane of protective gear to Britain

The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially…

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Trudeau to highlight interest-free loans to help small business weather pandemic

OTTAWA — While Canadian businesses wait for Parliament to approve a $73-billion wage subsidy program, Prime Minister Justin Trudeau is…

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Saudi Arabia says 10M-barrel-a-day cut starts OPEC+ deal

DUBAI, United Arab Emirates — A proposed reduction in oil production by OPEC and other oil-producing countries including Russia involves…

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Canada to 'lose more people' to COVID, Trudeau warns; jobless rate surges 40%

TORONTO — Amid crippling job losses across the country due to COVID-19, the federal government on Thursday warned the number…

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China’s Inflation Moderates as Pandemic Hurts Demand, Oil Slumps

(Bloomberg) — China’s consumer inflation slowed to the weakest pace since October last month as food and oil prices moderated…

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