Banks have agreed less than half of applications made under the government’s Coronavirus Business Interruption Loan Scheme (CBILS). While £2.8bn of loans have been agreed compared with the £1.1bn approved up to last week, they are wading through …
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(Adds Vlieghe comments). LONDON, April 23 (Reuters) – Britain’s economy is experiencing possibly its deepest economic shock in centuries, but it should recover its pre-coronavirus crisis growth pattern once the pandemic is over, Bank of England (BoE) …
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Target’s digital sales grew by more than 100% in March as consumers ordered more essentials and groceries online for delivery and pickup amid the coronavirus pandemic. But while online growth has accelerated dramatically, the Minneapolis-based retailer …
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Big companies reportedly are turning their backs on Zoom Video Communications’ (ZM) – Get Report popular but easily hacked conferencing app, despite the company proactively working to address major security flaws and the unnerving issue of …
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(Updates throughout, adds comments) * SPDR gold holdings at near 7-year highs * U.S. initial weekly jobless claims data due at 1230 GMT * Interactive graphic tracking the global spread: open tmsnrt.rs/3aIRuz7 in an external browser By Brijesh Patel April …
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