TORONTO — The economic fallout from COVID-19 will likely only be short-term, Scotiabank’s deputy chief economist says, as the Bank of Canada is set to announce...
Global gross domestic product would grow by just 1.5% in 2020 if the coronavirus spreads widely throughout Asia, Europe and North America, the OECD said. That’s...
PARIS — A global agency says the spreading new virus could make the world economy shrink this quarter for the first time since the international financial...
PARIS — A global agency says the spreading new virus could make the world economy shrink this quarter, for the first time since the international financial...
BEIJING — China’s factories were dealt a devastating blow in February as the coronavirus epidemic triggered the sharpest contraction in activity on record, a private survey...
Amid fears about where the next outbreak of a fast-spreading new virus would appear, infections and deaths continued to rise across the globe Sunday, emptying streets...
(Bloomberg) — Saudi Arabia’s economy all but ground to a halt last year, raising the likelihood that the government will turn on the fiscal taps to...
China’s economy could be heading for a worse-than-expected first-quarter contraction after the country’s manufacturing sector reported activity was at a record low in February due to...
ROME — Italy will introduce this week measures worth 3.6 billion euros ($3.5 billion) to help the economy withstand the largest outbreak of coronavirus in Europe,...
It was a bruising year for China. A trade war with the United States left its economy expanding at the slowest pace in 30 years. And...