Bank of England Governor Andrew Bailey said the British central bank is open to further emergency measures as the economic threat posed by the coronavirus has escalated since last week when the BoE slashed interest rates.
John Legend and Coldplay's Chris Martin are among musicians touring online to boost morale and replace planned performances as the coronavirus outbreak wreaks havoc on the entertainment industry.
China said Tuesday that it will expel American journalists working in the country for The New York Times, The Wall Street Journal and The Washington Post whose press credentials are due to expire in 2020.
As of now, China accounts for less than 50% of the total number of cases confirmed globally as other countries have seen a sharp spike in infections in recent weeks.
Discovered in 2009, Hang Son Doong is one of the largest caves in the world. Only 1,000 travelers are allowed to explore it each year. Here is what those travelers see — from clouds and fossils to jaw-dropping passages — when they embark on a four-day journey through it.
One employee said that many Tesla colleagues had decided to take voluntary, unpaid leave and those who were left to work at the factory were now doing the jobs of two or three people at once.
Pope Francis has advised Italians to try to make the most of the coronavirus crisis by re-discovering the joy of family, as the country struggles to cope with its acute outbreak.
82% of business leaders expect declines in revenues over the next six months, but more than half (54%) anticipate revenues will be back to normal in a year's time, according to YPO's survey on the impact of coronavirus.
Measures taken by authorities globally to slow the spread of the new coronavirus have compounded the outbreak's hit on the economy, with many experts now warning of a recession.
The White House is weighing a fiscal stimulus package worth anywhere from $850 billion to more than $1 trillion, part of which could include direct payments to Americans, a source told CNBC.
Those bonds, issued by the World Bank's International Bank for Reconstruction and Development in 2017, were designed to pay out funds to countries which need help to contain a pandemic.
The White House is seeking a stimulus package worth anywhere from $850 billion to over $1 trillion in a bid to battle the economic impact from the coronavirus pandemic.