Sources: BBC News
Sri Lanka's GDP contracts 3.6% in 2020, its worst economic performance since gaining independence in 1948. 2021-04-30
President Joe Biden signs the PPP Extension Act of 2021, a bill that would extend the Paycheck Protection Program deadline from March 31 to May 31. 2021-03-30
The Brazilian GDP contracts 4.1% in 2020 amid disruptions caused by the COVID-19 pandemic. It is the country's third worst economic performance after 1981 (-4.25%) and 1990 (-4.35%). 2021-03-3
The Brazilian economy officially enters a recession after the country's statistics institute reported a 9.7% decline of its gross domestic product (GDP) in the second quarter, which is the second consecutive quarter of a decline in its GDP. It is Brazil's largest quarterly drop since 1996. 2020-09-1
Airbnb secures a 1{{nbsp}}billion loan to stay afloat as the pandemic causes worldwide demand for its services to drop. This follows a separate bond deal, also worth US$1 billion, it negotiated last week for similar reasons. 2020-04-14
The Walt Disney Company reports it is entering a 5{{nbsp}}billion unsecured credit agreement, possibly to make up for shortfalls in its theme park division. Citibank, N.A. is the main broker of the deal. 2020-04-13
The 2020 North American International Auto Show, originally scheduled from June 9–20 in Detroit, has been cancelled due to the designation of the TCF Center as a temporary hospital. 2020-03-29
The Dow Jones Industrial Average drops more than 3% as the coronavirus pandemic spreads outside China. This follows benchmark indices falling sharply in Europe after steep declines across Asia. 2020-02-24