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TODAY, businesses are shaken up by Covid-19. The pandemic has amplified the demand for companies to address complex supply chains and become more transparent. And the growing focus now is on how businesses are responding to this pandemic.
NEW YORK: Coffee prices, both for arabica and robusta futures, are seen rising slightly by the end of 2020 from current values despite an overall view of a larger surplus in the 2020-21 season, a Reuters poll of nine traders and analysts showed on Monday.
NEW YORK: Fitch Ratings revised the outlook on the United States’ triple-A rating to negative from stable on Friday, citing eroding credit strength, including a growing deficit to finance stimulus to combat fallout from the coronavirus pandemic.
WHEN chairman Jerome Powell (pic) announced after last Wednesday’s Federal Open Market Committee meeting that the Fed is “committed to using its full range of tools to support the US economy in this challenging time”, the market interpreted it as the Fed would do “whatever it takes” to support the United States facing the worst pandemic and economic recession since the 1930s.