SINGAPORE (Reuters) – Asian stocks posted their biggest decline in eight sessions, bonds rose and the US dollar held firm on Thursday due to growing cases of coronavirus in the United States and the International Monetary Fund’s downgrade to economic projections reduced confidence in a recovery. FILE PHOTO: Passers-by wearing …
Read More »WHO warns of oxygen shortage as COVID cases exceed 10 million
GENEVA (Reuters) – The world is facing a shortage of oxygen concentrators as the number of global cases of coronavirus infection approaches the 10 million mark, the head of the World Health Organization said on Wednesday. FILE PHOTO: The Director General of the World Health Organization (WHO), Tedros Adhanom Ghebreyesus, …
Read More »EU travel recommendations may prevent Americans and Russians
BRUSSELS (Reuters) – The European Union (EU) expects to reopen borders for strangers starting in July, but will review each nation’s COVID-19 situation every fortnight, according to diplomats and a document that sets criteria that could keep them away. Americans and Russians. FILE PHOTO: The Bridge of Sighs sees tourists …
Read More »Dollar earnings from coronavirus, tariff concerns
NEW YORK (Reuters) – The dollar rose on Wednesday as a surge in coronavirus cases in the United States weighed in on optimism about a rapid economic recovery, and as the United States weighed tariffs on European products. FILE PHOTO: US dollar bills are seen in this image illustration from …
Read More »Philippines launches investigation into Wirecard’s billions of ghosts
MUNICH / MANILA (Reuters) – The Philippines is investigating Wirecard’s $ 2.1 billion accounting scandal, which said former chief operating officer of German payments firm Jan Marsalek could be in the country. FILE PHOTO: Markus Braun, CEO of Wirecard AG, an independent provider of white label outsourcing solutions for electronic …
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