Business chiefs expect lengthy period before recovery as CDC chief warns of worse to come during US winter
The prospect of a prolonged worldwide impact from the coronavirus pandemic has hardened after business leaders warned of a drawn-out recession and US health chiefs highlighted the prospect of a second wave of US cases in winter.
As financial markets staggered under fresh blows to the global oil industry on Wednesday, a survey of thousands of bosses revealed that they fear many companies will not survive the onslaught.
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