Moody's: Covid-19 has potential to shift business fundamentals

The Covid-19 global pandemic has the potential to trigger fundamental shifts in the way the world operates and its ways to shape and accelerate economic, business and consumption trends in the coming years.

Moody's Investors Service managing director and chief credit officer for Asia Pacific, Michael Taylor, said global trade will become more fragmented as the trend towards a more protectionist global economy will likely gain speed with competing economic blocs and new restrictions on trade, investment and technology transfers...