UK economy contracted by 20.4% in April, the…

A pedestrian walks past closed-down shops on an empty Regent Street in London on April 2, 2020, as life in Britain continues during the nationwide lockdown to combat the coronavirus pandemic.Tolga AkmenThe U.K. posted the…

Stocks suffer their worst day since March, with…

Stocks suffered their biggest one-day pull-back in three months on Thursday as traders grew concerned about the number of  coronavirus cases increasing in some states that are reopening up from lockdowns. Shares that have surged recently…

Global stocks tied to an economic recovery continue…

People are walking by the New York Stock Exchange (NYSE) building during Covid-19 pandemic in Lower Manhattan, New York City, United States on May 26, 2020.Tayfun Coskun | Anadolu Agency | Getty ImagesAnalysts at Goldman…

Goldman Sachs says an oil price correction as…

An offshore drilling platform stands in shallow waters at the Manifa offshore oilfield, operated by Saudi Aramco, in Manifa, Saudi Arabia.Simon Dawson | Bloomberg | Getty ImagesGoldman Sachs sees a correction in oil prices on…

The EU’s massive coronavirus stimulus plan faces three…

Austrian Chancellor Sebastian Kurz . Austria is one of the EU countries reluctant to accept the European Commission's proposal tap financial markets to support the 27 economies in the covid-crisis.HELMUT FOHRINGERThe European Commission has proposed…

British Airways, EasyJet and Ryanair slam the U.K.’s…

British Airways, Easyjet and Ryanair have criticized the U.K. government's decision to impose a mandatory 14-day quarantine on international travelers, describing it as "unfair" and "disproportionate."U.K. nationals and international passengers traveling into the country from…