Peterborough Musicfest postpones 2020 season due to coronavirus pandemic

The 34th season of Peterborough Musicfest has been postponed due to the coronavirus pandemic. On Tuesday, organizers of the annual outdoor summer concert series announced that following consultation with health officials and authorities, the 2020 season is postponed. Each summer,

China factory deflation deepens in April as recovery stalls

BEIJING (BLOOMBERG) – China’s factory deflation deepened in April and consumer price gains slowed, signaling ongoing weakness in the world’s second-largest economy. The producer price index dropped 3.1 per cent in the month, versus a forecast 2.5 per cent decline.

DoubleLine Capital's Sherman says markets are a bit too optimistic

NEW YORK, May 5 (Reuters) – Markets are being a bit optimistic in expecting a quick recovery from the economic hit from the coronavirus outbreak and the resultant voluntary shutdowns, DoubleLine Capital deputy chief investment officer Jeffrey Sherman said on

TIMELINE-Fasten seatbelts: Norwegian Air's battle for survival

May 4 (Reuters) – After growing rapidly to become Europe’s third-largest low-cost airline and one of the few to apply the budget model to transatlantic flights, Norwegian Air is fighting for its survival after racking up debts and liabilities of