The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to the global economy, the work place and the spread of the virus.

________________________ CENTRAL BANKS AND GOVERNMENT: The coronavirus pandemic has skewered almost all economic models, cutting growth projections and necessitated trillions of dollars of capital infusions. — Finland has slashed growth expectations.

After projecting a 1% expansion for 2020 GDP late last year, the nation's finance ministry now anticipates a contraction of at least 5.5%.

But Finnish economists say that retreat could hit 12% if lockdowns continued for another six months. — The International Monetary Fund has given

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Coronavirus-hit firms to get 100% backing for loans in major government U-turn

Chancellor Rishi Sunak has said the Government will guarantee loans of up to £50,000 to small businesses.

Rishi Sunak county Major economy Government crisis Coronavirus

RBI receives bids 6 times more than face value of bonds under swapping programme

MUMBAI : The Reserve Bank of India received ₹64,746 crore worth of bids or six times more than the face value of bonds it offered to buy from the market, under the bond swapping programme billed as Operation Twist. For the sale of securities, RBI received nearly ₹50,260 crore worth of bids or five times more than the offer.

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27.04.2020 / 17:09

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Drake, Justin Bieber Headline Star-Studded Canadian COVID-19 TV Event

After spending time in a hospital last week due to a foot injury, Drake on Sunday night saluted front-line hospital workers during a star-studded Canadian musical event, Stronger Together, Tous Ensemble, while Justin Bieber announced he's self-isolating during the coronavirus pandemic in his native Ontario. "Just to see the morale, the smiles, the high spirits on everyone's face that I got to encounter in that situation, despite everything going on, it's inspiring to see people leave their families every day and go to work amid this crisis, as dangerous as it is.

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Companies save cash to survive; Europe reopens, very slowly

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Monday related to the global economy, the work place and the spread of the virus.

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27.04.2020 / 16:41

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Police launch urgent appeal for help to find missing teenage girl from Oldham

Police have launched an urgent appeal for help to find a missing teenage girl from Oldham.

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27.04.2020 / 16:41

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Covaid-19: How you can help Greater Manchester's most vulnerable people in pandemic

Donations to the Manchester Evening News Covaid-19 appeal to support the most vulnerable across our region have now topped £15,000 - but we still need your help.

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Holly Willoughby - Phillip Schofield - Ricky Gervais - Ricky Gervais mocks This Morning’s Spin to Win game and asks if Holly and Phil make up the show as they go along - thesun.co.uk

Ricky Gervais mocks This Morning’s Spin to Win game and asks if Holly and Phil make up the show as they go along

RICKY Gervais has mocked This Morning and its Spin to Win game by asking if hosts Holly Willoughby and Phillip Schofield make up the show as they go along. The comic poked fun at the pair as he chatted about his hit Netflix series After Life.

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Risk aversion of banks may deepen liquidity crisis of debt funds

The mutual fund industry, which witnessed large redemption pressure in debt funds during March, believes that risk aversion by banks may aggravate the sector's liquidity concerns despite Reserve Bank of India's liquidity measures. The concern in the debt market, currently, is lack of appetite towards non-AAA papers as banks are willing to lend only against high quality debt papers. With the uncertainties about impact of covid-19 on economy and business, mutual fund industry feel that the crisis has deepened.

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New 'minimum child maintenance payments' to help single parents during Covid-19 crisis

MPs are calling for a new minimum payments scheme to ensure single parents aren't left out of pocket during the coronavirus crisis.

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John Krasinski - Martha Stewart - Guy Fieri - Stanley Tucci - John Krasinski Hosts Virtual Potluck With Help From Martha Stewart, Stanley Tucci & More - etcanada.com

John Krasinski Hosts Virtual Potluck With Help From Martha Stewart, Stanley Tucci & More

John Krasinski had the best surprise for a few “Some Good News” viewers as he hosted a virtual potluck during Sunday’s episode of his show.

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Lockdown: IT sector earnings may come under pressure as clients seek discounts

MUMBAI: Run-the-business projects will witness pricing pressure for information technology (IT) companies even as they continue to drive business during weak-demand quarters that is likely in the near term.

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What Google tells us about lockdown impact on Indians

Searches for stress and therapy spiked as people grappled with loneliness and the uncertainties around life and work. Job searches have also surged

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Poll shows rising support for mail voting amid coronavirus pandemic

WASHINGTON – Americans’ support for mail-in voting has jumped amid concerns about the safety of polling places during the coronavirus pandemic, but a wide partisan divide suggests President Donald Trump’s public campaign against vote by mail may be resonating with his Republican backers.

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Justin Bieber - Hailey Baldwin - Justin Bieber Carries Adorable Baby Sister, 1, While Showing Off Dance Moves To Drake’s ‘Toosie Slide’ - hollywoodlife.com

Justin Bieber Carries Adorable Baby Sister, 1, While Showing Off Dance Moves To Drake’s ‘Toosie Slide’

Justin Bieber, 26, is all about TikTok these days. The singer posted his stepsister Allie Rebelo’s TikTok video that features him, Hailey Baldwin, 23, Jazmyn Bieber, 11, Allie, 12, and more doing Drake’s “Toosie Slide.” Justin is holding his little sister, Bay Bieber, 1, through the dance and she doesn’t seem to mind all the ruckus. In the middle of the dance, Justin moonwalks out of the frame.

Justin Bieber Hailey Baldwin 2020 quarantine Coronavirus

Deutsche Bank net profit falls due to pandemic

FRANKFURT – Deutsche Bank has reported that its net income fell to 66 million euros ($72 million) in the first quarter as the pandemic hurt its business. The bank said it was letting its financial buffers fall so it can maintain lending to clients but said the easing was temporary and modest.

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IRS enhances 'Get My Payment' online application to help taxpayers

A lot of the unemployment stories we've shared have come out of the hospitality industry, but layoffs are starting to go well beyond that. Now, they're hitting medical offices unrelated to treating the coronavirus.

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Volkswagen re-starts Europe's largest car factory after coronavirus shutdown

FRANKFURT: Volkswagen the world's largest carmaker by sales, resumed work at its biggest factory in Wolfsburg, Germany, on Monday even as inventory levels across the industry continue to build up as the coronavirus pandemic saps demand.

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Covid-19 death rate in Ahmedabad higher than national average

AHMEDABAD : With the coronavirus claiming over 100 lives in Ahmedabad, the death rate of such patients in the city stands at 4.71 per cent, higher than some of the country's major cities and the national average.

city New Delhi city Mumbai city Delhi city Ahmedabad covid-19 death patient Coronavirus

Virtual Kentucky Derby on NBC in USA to be made by creators of UK Grand National version

The firm behind the Virtual Grand National have been called up to create a version of the longest continually held sporting event in America.

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Minister says scale of challenge on national economy and households 'now very clear'

A total of 591,000 people are now receiving the Covid-19 Pandemic Unemployment Payment, with around 21,000 receiving it for the first time this week.

Ireland business Coronavirus

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27.04.2020 / 15:07

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Building firm turns work vans into delivery trucks to help foodbank

Staff from a building firm are swapping their toolboxes for food hampers to help out during the coronavirus crisis.

Volunteers crisis Coronavirus

Save Our Venues campaign launched to help grassroots UK music venues

A campaign to save grassroots music venues threatened with permanent closure by the Covid-19 outbreak has been launched.

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More than 200 Cuban doctors arrive in South Africa to help fight COVID-19

More than 200 doctors from Cuba have arrived in South Africa to help fight the COVID-19 pandemic.

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Breaching fiscal deficit target in FY21 'unavoidable', says RBI governor

MUMBAI: The government will probably miss its fiscal deficit target of 3.5% of gross domestic product (GDP) in financial year 2021 owing to the covid-19 pandemic, Reserve Bank of India (RBI) governor Shaktikanta Das said in an interview to news agency Cogencis.

Shaktikanta Das India city Mumbai covid-19 pandemic economy Government

SC issues notice on plea for refund on air tickets cancelled due to lockdown

NEW DELHI : The Supreme Court on Monday issued a notice to Ministry of Civil Aviation on plea seeking full refund against the tickets booked for travel during the covid-19 lockdown. The plea accused airlines of violating aviation ministry’s order.

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Coronavirus impact will remain visible in the coming months: PM Modi

New Delhi: Prime Minister Narendra Modi on Monday said the impact of coronavirus will remain visible in the coming months and masks and face covers will be part of life while asserting that the country needs to give importance to the economy as well as continue the fight against COVID -19.

Narendra Modi city New Delhi covid-19 pandemic economy Coronavirus

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27.04.2020 / 13:31

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How Bolton Wanderers might avoid relegation under League One contingency plans being considered

An eight-team mini tournament could settle promotion issues in Leagues One and Two under contingency plans being considered as part of a conclusion to this season in light of the coronavirus pandemic, according to reports.

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Modi interacts with CMs on covid crisis, most favour lockdown extension in affected areas

NEW DELHI : India will continue with a calibrated approach to put its battered economy back on track and restore supply chains which have been ravaged by the covid-19 pandemic and consequent lockdown.

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Council implement new measures to help vulnerable people during coronavirus crisis

West Lothian Council has launched a new social media campaign to raise awareness of the support available for vulnerable people.

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Rose of Tralee festival cancelled for the first time in 61 years

We’re sorry to say that there won’t be any Rose of Tralee this year due to the social distancing guidelines.

2020 guidelines economy Government

COVID-19 Disrupts 30% of Americans' Jobs or Finances

WASHINGTON, D.C. -- Nearly one in three Americans have experienced a temporary layoff, permanent job loss, reduction in hours, or reduction of income as a result of the coronavirus situation. Eighteen percent have experienced more than one of these disruptions.

Usa area District Of Columbia Washington, area District Of Columbia covid-19 economy Jobs

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27.04.2020 / 11:21

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FDI in a pandemic: How low will the inflows go?

As Covid-19 continues to ravage global economies, there is no doubt foreign direct investment (FDI) will be impacted negatively. The only question is the degree of the decline.

covid-19 2020 economy

Experimental cancer drug could stop coronavirus in its tracks, scientists claim

With coronavirus cases around the world now at over 2.9 million, scientists are desperately searching for a treatment.

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Kylie Jenner's former BFF Jordyn Woods shows off her bikini body as she lounges by the pool

Kylie Jenner's erstwhile best pal Jordyn Woods showed off her bombshell bikini body by the pool this Sunday.The 22-year-old influencer posted an Instagram album of herself lounging at the edge of the water while modeling a fiery orange two-piece.She then swung by her Insta Stories and posted a snap of her 'vibe' as she rose out of the water and swept back her drenched hair.

Kylie Jenner pandemic Coronavirus

Sara Bareilles - Nick Cordero - Jessie Mueller - Nick Cordero's Waitress family belts his 2018 song Live Your Life to help with medical expenses - dailymail.co.uk

Nick Cordero's Waitress family belts his 2018 song Live Your Life to help with medical expenses

As Tony nominee Nick Cordero continues the fight of his life in the hospital, his castmates from the Broadway musical Waitress reunited remotely Sunday to help raise funds for his medical expenses.Kimiko Glenn, Jessie Mueller, Sara Bareilles, and Keala Settle were among the top talent belting the Canadian 41-year-old's 2018 song Live Your Life in a four-minute The Show Must Go On Show video.Many of Nick's former castmates held up supportive signs with the hashtag #WakeUpNick because he's been in a medically-induced coma since checking into the ER on March 31.

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Ole Gunnar Solskjaer - Paul Pogba - Jadon Sancho - Ed Woodward - Jack Grealish - James Maddison - Paul Pogba among four stars Man Utd could sell to fund Jadon Sancho transfer - dailystar.co.uk - Norway - city Manchester - city Sancho

Paul Pogba among four stars Man Utd could sell to fund Jadon Sancho transfer

Manchester United are reportedly ready to ship out Paul Pogba and other stars in a bid to fund a sensational summer move for Jadon Sancho.

Ole Gunnar Solskjaer Paul Pogba Jadon Sancho Ed Woodward Jack Grealish James Maddison Norway city Manchester city Sancho Manchester United FC Transfer news

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27.04.2020 / 09:21

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What happened to Man City's 1999 Wembley play-off final heroes

These days, Manchester City are one of the best teams in world football, but that hasn’t always been the case.

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Stronger Together: Alessia Cara performs ‘You’ve Got a Friend in Me’ to help raise funds for Food Banks Canada

Canadian singer Alessia Cara lent her soulful voice to the Stronger Together, Tous Ensemble broadcast to help raise funds for Food Banks Canada, performing the song made famous in Toy Story, ‘You’ve Got a Friend in Me’.

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Plan is for Trump to shift focus to prospects for economy

WASHINGTON – After two months of frantic response to the coronavirus, the White House is planning to shift President Donald Trump’s public focus to the burgeoning efforts aimed at easing the economic devastation caused by the pandemic.

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Lockdown impact: SBI Card sees retail spends drop 60%

MUMBAI: SBI Cards and Payment Services Ltd, India's second-largest credit card company, has seen retail spends slump nearly 60% during the period of extended lockdown when compared with the first half of March.

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Help these non-profits care for the vulnerable during covid-19

Sing for a good cause, raise funds for artisans, or sponsor a meal for strays—there are many ways in which you can offer relief to the vulnerable during the pandemic

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Tom Hanks donates blood and plasma to help find coronavirus 'Hank-ccine'

Tom Hanks is hoping that he can become a main player in fighting coronavirus after beating Covid-19 while filming in Australia.

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Asian markets gain after Japan central bank boosts aid

BEIJING – Asian stock markets gained Monday after Japan's central bank promised more asset purchases to shore up financial markets as investors look to central bankers to support the struggling global economy.

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On-off dosing of cancer drugs does not help melanoma patients

Taking breaks from melanoma drugs didn’t slow the growth of patients’ tumors in a clinical trial (here, a malignant melanoma cell within skin tissue).

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PM Modi’s meeting with CMs: Five things to watch out for

NEW DELHI: Prime Minister Narendra Modi, in his meeting with chief ministers on Monday, is likely to discuss crucial issues of bringing back the economy on track gradually as the 40-day-long nationwide lockdown nears its completion. The high level meeting is expected to discuss lives and livelihood issues and extension of the lockdown in red zones among other things. Five key things to watch out for ahead of the meeting:

Narendra Modi city New Delhi testing pandemic economy Government FIVE

Declare Covid-19 an 'act of God' to help oil producers: Oklahoma asks Trump

Oklahoma's governor has called on U.S. President Donald Trump to declare the coronavirus pandemic an "act of God," a step to help oil-producing states contend with a crude glut that caused futures prices to close below $0 last week for the first time.

Donald Trump Kevin Stitt state Oklahoma covid-19 president pandemic Coronavirus

Market LIVE: Asian stocks indicate positive opening; IndusInd Bank in focus

Welcome to Mint live blog. Track this space for latest news and updates on stock markets.

Usa pandemic economy Coronavirus

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

National economies under duress; a plea for help from retail

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