SYDNEY (Reuters) – Asian equity markets started the week cautiously on Monday when the relentless spread of the coronavirus finally caused investors to question its optimism in the global economy, benefiting safe harbor bonds and the US dollar. FILE PHOTO: A man wearing a protective face mask, after the outbreak …
Read More »Great tobacco, great oil and Buffett join the Fed portfolio
WASHINGTON (Reuters) – The United States Federal Reserve bought $ 428 million in bonds from individual companies through mid-June, making investments in names known as Walmart and AT&T, as well as in major oil companies, tobacco giant Philip Morris. International Inc and a utility subsidiary of billionaire holding Warren Buffett’s …
Read More »Brazen cartel attack in Mexico City opens new front in crime battle
MEXICO CITY (Reuters) – Mexico’s bustling capital was once seen as a relative oasis in the country’s drug war, but a shocking military-style assassination attempt on the city’s police chief offers evidence that at least one gang is not afraid to break the peace. FILE PHOTO: A police officer stands …
Read More »Chinese company says coronavirus vaccine candidate holds promise in human trial
BEIJING (Reuters) – China’s National Biotechnology Group (CNBG) said on Sunday that early human test results for a candidate for the coronavirus vaccine suggested it might be safe and effective, the second vaccine candidate in the signature showing encouraging results in a clinical trial. The experimental injection, developed by a …
Read More »Global cases of coronavirus approach 10 million
BEIJING, Jun 28 (Reuters) – Global coronavirus cases approached 10 million on Sunday according to a Reuters count, marking a major milestone in the spread of respiratory disease that has so far killed nearly half a million people in seven months. The figure is roughly double the number of serious …
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