Italy's antitrust watchdog said
on Thursday it was investigating e-commerce giants Amazon
and eBay for an allegedly excessive rise in
the price of products such as hand sanitiser during the
Signals from the interest
rate options market suggest investors increasingly believe U.S.
rates will turn negative this year, as the economic fallout from
the coronavirus threatens to push the Federal Reserve into
territory it is keen to avoid.
High-yield U.S. bonds
suffered more pain on Thursday as major junk bond
exchange-traded funds fell to the lowest level since February
2016 and an index for credit insurance protecting against
exposure to junk bonds widened to a nine-year high.
U.S. home rental company Airbnb Inc's
bookings in major cities across the world have taken a blow due
to coronavirus-fueled uncertainty in the travel industry, data
from Airbnb-analytics firm AirDNA shows.