(Reuters) – Johnson & Johnson began human safety trials in the US on Thursday for its COVID-19 vaccine after publishing details of a study in monkeys that showed its best-performing candidate vaccine offered strong protection in a single dose. FILE PHOTO: The company logo for Johnson & Johnson is displayed …
Read More »European stocks and Dow futures are trading lower amid earnings deluge and worries about slow recovery
Shell Oil Refinery at Pulau Bukom off Singapore on July 16, 2020. Roslan Rahman / Agence France-Presse / Getty Images European stocks traded lower on Thursday on the busiest day of the second-quarter earnings season, with growing concerns about a slow economic recovery and a possible second wave of the …
Read More »GLOBAL MARKETS: Asian stocks will increase with Fed policy, the dollar reaches the minimum in two years
NEW YORK, July 29 (Reuters) – Asian stocks were due to follow an optimistic Wall Street session on Thursday after the Federal Reserve kept interest rates at very low levels, while the US dollar fell to a low of two years. The Fed on Wednesday repeated a promise to use …
Read More »The Fed chief says the surge in the coronavirus slows down the US economic recovery.
(Reuters) – The rise in coronavirus cases in the United States is beginning to weigh on economic activity, the head of the Federal Reserve said on Wednesday, vowing that the United States central bank “will do what we can, and for as long as necessary. ” “To limit damage and …
Read More »PayPal CEO: “I don’t think there will be a reversal” of e-commerce after COVID-19
Shares of PayPal Holdings Inc rose 1.5% in out-of-hours trading on Wednesday after the digital payments company showed strong growth in its business stemming from increased use of digital payments during the COVID-19 crisis. Read: PayPal Exceeds Earnings Expectations as COVID-19 Drives Ecommerce Growth Strong “The world has moved into …
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