Bloomberg
Raab Deputizes as U.K. Struggles to Get a Grip on Virus
Apr.07 -- U.K. Foreign Secretary Dominic Raab is deputizing for Boris Johnson, who remains in intensive care while his government struggles to get a grip on the coronavirus pandemic. The 55-year-old prime minister was taken to hospital...
Bloomberg
Allianz CEO Says Virus Hit Insurers Like a ‘Meteorite’
Apr.16 -- Allianz SE Chief Executive Officer Oliver Baete says the coronavirus has upended insurers’ business models and warned that it will cause "massive" losses across the industry. He spoke on "Bloomberg Markets: European Open."
Bloomberg
OECD Says `We've Never Been in a Problem This Big'
Mar.17 -- The Organization for Economic Cooperation and Development has called for a more coordinated response to the spiraling coronavirus fallout. "We have never been in a problem this big with a type of enemy like this one," OECD...
Bloomberg
Sweden Says It Didn't Underestimate Seriousness of Virus
Apr.29 -- Sweden's health minister Lena Hallengren says the country has not underestimated the seriousness of the coronavirus, even though its measures for fighting Covid-19 are more relaxed than other countries. "We realized that this...
Bloomberg
Virus Will Be Deflationary Until Global Vaccine Is Developed, Goldman Says
May.05 -- The coronavirus pandemic will continue to have a deflationary effect, and inflationary pressures will only start to materialize once a vaccine is rolled out globally, according to Andrew Wilson, chairman of global fixed income...
Bloomberg
Pence Self-Isolating After Aide Tests Positive for Covid-19
May.10 -- Vice President Mike Pence is self-isolating away from the White House following his press secretary’s diagnosis of Covid-19 on Friday, according to three people familiar with the situation. Yvonne Man reports on "Bloomberg...
Bloomberg
California to Issue Guidelines for Some Reopenings: Governor Newsom
May.04 -- California Governor Gavin Newsom discusses the steps toward reopening as the state plans to start loosening its lockdown Friday. Newsom also says individual counties could relax stay-at-home rules even further, if they are...
Bloomberg
Fed's Powell Says U.S. Economy Faces Unprecedented Risks
May.13 -- Federal Reserve Chair Jerome Powell says the U.S. economy faces unprecedented downside risks that could do lasting damage to households and businesses if fiscal and monetary policy makers don’t rise to the challenge. He speaks...
Bloomberg
Austria's Kurz on Lockdown, Virus Impact, Italy's Debt
May.12 -- Austrian Chancellor Sebastian Kurz discusses the country's coronavirus lockdown and its impact on the economy. He also comments on Italy’s debt load and his view that Austria's neighbor, and second-biggest trading partner,...
Bloomberg
Commerzbank 'Confident' Will See Recovery in Valuation Results: CFO
May.13 -- Commerzbank AG Chief Financial Officer Bettina Orlopp talks about the company's financial results, outlook and strategy. The Frankfurt-based lender took a 479 million-euro ($520 million) hit to deal with the fallout from the...
Bloomberg
Trump Says Xi Getting Virus `More and More Under Control'
Feb.25 -- President Donald Trump said U.S. markets “took a hit yesterday” because of concerns surrounding the coronavirus, but that Chinese President Xi Jinping is “getting it more and more under control.” He made the comments in New...
Bloomberg
Tech Mahindra CEO on Coronavirus Impact, Challenges, Share Buyback
Apr.03 -- C.P. Gurnani, chief executive officer and managing director at Tech Mahindra Ltd., discusses how coronavirus is impacting business, the challenges the firm is facing and the possibility of a share buyback. He speaks on...
Bloomberg
WHO Warns Against Cycle of Repeat Virus Lockdowns
Apr.04 -- The World Health Organization warned countries against abruptly dropping coronavirus lockdown measures, saying that careful planning is needed to prevent an economically destructive cycle of repeated restrictions. “If we lurch...
Bloomberg
Foodpanda Sees 'Very Large Opportunity' in Japan
Sep.17 -- Jakob Angele, chief executive officer for Asia-Pacific at meal-delivery firm Foodpanda, a fully-owned subsidiary of Berlin-based Delivery Hero AG, talks about its entry into the Japanese market, demand for its services in the...
Bloomberg
U.K. at ‘Critical Point’ in Virus Surge With London at Risk
Sep.21 -- The U.K. is at a “critical point” in the coronavirus pandemic, according to a preview of remarks prepared for a public briefing by Chief Medical Officer Chris Whitty. The warning comes amid expectations that local restrictions...
Bloomberg
Russia to Miss Virus Vaccine Goal Amid Production Hurdles: Minister
Oct.15 -- Denis Manturov, the Minister who is overseeing Russia's vaccine production, says the country is going to miss its target of making 30 million doses of an experimental Covid-19 vaccine this year due to setbacks maintaining the...
Bloomberg
Singapore Airlines’ Scoot Almost Doubling Capacity: CEO
Nov.26 -- Campbell Wilson, chief executive officer of Scoot, the low-cost carrier of Singapore Airlines Ltd., discusses how the company is coping with the coronavirus pandemic. Scoot is introducing an inflight system called ScootHub that...
Bloomberg
Trump Says He Downplayed Virus Threat to Avoid 'Panic'
Sep.09 -- President Donald Trump defends telling journalist Bob Woodward that he intentionally downplayed the severity of the coronavirus in public, saying he didn’t want to cause panic or price spikes. He speaks at a press briefing....
Bloomberg
U.S. Plans First Vaccinations in Weeks, Says Warp Speed Head
Nov.22 -- Vaccinations against Covid-19 in the U.S. will "hopefully" start in less than three weeks, according to the head of Operation Warp Speed, the federal government’s program to accelerate a vaccine. Ros Krasny reports on...
Bloomberg
Oxford-AstraZeneca Vaccine `Much Easier to Distribute': Lancet Editor
Nov.19 -- Richard Horton, editor of The Lancet medical journal, comments on a study which showed that a Covid-19 vaccine being developed by the University of Oxford and AstraZeneca Plc produced a strong immune responses in older adults....
Bloomberg
Asymptomatic Cases May Transmit Virus: Harvard Physician
Jul.06 -- Abraar Karan, physician at Harvard Medical School as well as at Brigham and Women's Hospital, talks about the coronavirus pandemic. Global cases topped 11.4 million, deaths exceed 533,000, and the World Health Organization...
Bloomberg
Kazakhstan Economy Hit by Virus, Drop in Oil Prices
Jun.29 -- The economy of Kazakhstan, central Asia’s largest energy producer, took a double hit from the coronavirus-related lockdown and the collapse in oil prices. Naubet Bisenov reports on "Bloomberg Markets: Asia."
Bloomberg
China Conglomerate Fosun Sees Profit Rebound Next Year
Aug.28 -- The billionaire founder of Fosun International, one of China’s biggest conglomerates, says profit at his insurance, drugs, tourism and leisure group will rebound strongly next year from a 2020 plunge caused by the pandemic....
Bloomberg
Hong Kong to Extend Social Distancing Measures: Lam
Sep.21 -- Hong Kong Chief Executive Carrie Lam says the city will extend all social distancing rules by another week to Oct. 1. She speaks at a press briefing. (Translated excerpt) (Source: i-Cable)