The Bank of England cuts rates, the government ramps up spending. Cathay Pacific warns the first half of 2020 will be tough. Saudi Arabia escalates the fight, ordering Aramco to increase oil capacity.

Published: March 11, 2020, 2:43 p.m.

b'Julia Chatterley is live from the New York Stock Exchange. Here are the top business news stories for today! Coordinated action! The Bank of England cuts rates, the government ramps up spending. "Substantial hit." Cathay Pacific warns the first half of 2020 will be tough. And, no blinking! Saudi Arabia escalates the fight, ordering Aramco to increase oil capacity. It\'s Wednesday...let\'s make a move.To learn more about how CNN protects listener privacy, visit cnn.com/privacy\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'