Commodities
IMF says global leaders should enact 'wartime' policy response
The International Monetary Fund said that global policymakers should enact “wartime” measures to fight the coronavirus crisis.
US manufacturing slumps as Covid-19 shuts factories
US output slumped at its fastest pace since the height of the financial crisis in March, data published on Wednesday showed.
US ISM manufacturing PMI edges lower in March, but details very weak
A key gauge of US manufacturing sector conditions for March printed ahead of forecasts but sentiment around the near-term growth prospects for the economy were described as "strongly negative".
Private sector employment eases in the US, sharper falls predicted
Private sector employment eased in the US last month, figures released by consultancy ADP on Wednesday showed, but is expected to fall even further in the coming weeks because of the coronavirus outbreak.
Rio Tinto accused of violating human rights at Papua New Guinea plant
Mining giant Rio Tinto was accused of “multiple human rights violations” at its Panguna mine in Papua New Guinea after leaving people with poisoned water, polluted fields and a ruined river valley.
China manufacturing stabilises in March
Chinese manufacturing stabilised in March after a record plunge caused by the coronavirus crisis, a survey showed.
Eurozone manufacturing plunges as Covid-19 takes toll
Manufacturing output in the eurozone shrank at the fastest pace since the 2009 global recession as the coronavirus crisis forced factories to close.