Coronavirus pushes global credit rating downgrade threat to record high

LONDON (Reuters) - The number of companies or countries at risk of having their credit ratings cut has been pushed to an all-time high by the coronavirus pandemic, S&P Global analysis shows.

27 May 11:14 • Reuters • 8334514181290009081.html

Coronavirus pushes global credit rating downgrade threat to record high

A total of 1,287 of S&P's ratings are now on a downgrade warning.

27 May 11:07 • The Economic Times • 7653256038413407497.html

Coronavirus pushes number of S&P credit-downgrade warnings to all-time high

A total of 1,287 of S&P’s ratings are now on a downgrade warning – either with ‘negative outlooks’ where a move might take two years, or on ‘CreditWatch with negative implications’ where the risk is almost immediate

27 May 11:12 • The Globe and Mail • 68426410851506061.html

Virus sparks record drop in energy investment: IEA

All the energy sectors -- oil, gas, renewables -- everything is affected but the biggest impact is on shale oil, the agency's director Fatih Birol said

27 May 11:34 • New Vision • 9103146372575578371.html

Virus sparks record drop in energy investment: IEA

The Paris-based International Energy Agency (IEA) estimated the plunge will be of the order of one-fifth from 2019 levels, or almost $400 billion.

27 May 11:56 • The Jakarta Post • 7678601102952363658.html

Coronavirus Cases in Afghanistan Exceed 12,000

The Afghan Ministry of Public Health on Wednesday reported 625 new positive cases of COVID-19 across the country over the past 24 hours, bringing the total cases in Afghanistan to 12,456.

27 May 11:14 • TOLO news • 5578851438816227344.html

Coronavirus Cases in Afghanistan Exceed 12,000

The Afghan Ministry of Public Health on Wednesday reported 625 new positive cases of COVID-19 across the country over the past 24 hours, bringing the total cases in Afghanistan to 12,456.

27 May 11:14 • TOLO news • 5578851437610023975.html

The EU plans a record-breaking new stimulus package of $826 billion to soothe Europe’s economic pain from the coronavirus

The European Commission unveiled a planned deployment of 750 billion euros ($826 billion) on Wednesday as part of its new long-term budget and recovery plan to help fight the impact of the coronavirus on the continent’s economy.

27 May 11:02 • Business Insider Malaysia • 8325046882964888206.html

The EU plans a record-breaking new stimulus package of $826 billion to soothe Europe's economic pain from the coronavirus, Business Insider - Business Insider Singapore

Business Insider - The European commission aims to fund its recovery plan by raising unprecedented sums on the financial markets.. Read more at businessinsider.sg

27 May 11:02 • www.businessinsider.sg • 5090408756380457614.html

One million businesses claim £15bn from Government furlough scheme

HMRC said more than £6.8bn has been claimed via 2.3 million applications from those who are self-employed and unable to work.

27 May 11:08 • Express & Star • 7324224459700370927.html

One million businesses claim £15bn from Government furlough scheme

HMRC said more than £6.8bn has been claimed via 2.3 million applications from those who are self-employed and unable to work.

27 May 11:08 • Shropshire Star • 3480199992154193391.html

EU proposing £670bn recovery fund in response to pandemic crisis

Paolo Gentiloni’s announcement came amid divisions in the bloc.

27 May 11:01 • Jersey Evening Post • 6141642773796942522.html

EU proposing £670bn recovery fund in response to coronavirus pandemic crisis

The EU Commission is proposing a 750 billion-euro recovery (£670bn) fund to help the bloc’s economy through the deep recession induced by the coronavirus pandemic, commissioner Paolo Gentiloni said. Mr Gentiloni, who is in charge of economic affairs at the EU’s executive body, confirmed the size of the fund in a tweet.

27 May 11:21 • ITV News • 2184971257103788027.html