(Reuters) – The number of coronavirus infections worldwide reached 13 million on Monday, according to a Reuters count, which increased by one million in just five days. The pandemic has now killed more than half a million people in six and a half months, and the head of the World …
Read More »OPEC meeting worries oil investors
Text size Joe Klamar / AFP via Getty Images OPEC + and its allies may be ready to start pumping more crude, and that prospect is sending shivers through the oil markets. Oil prices fell on Monday. Brent crude futures, the global benchmark, fell 1% to $ 42.80 a barrel …
Read More »Coronavirus crisis may worsen “worse and worse and worse,” warns WHO
GENEVA / ZURICH (Reuters) – The new worldwide coronavirus pandemic will worsen if countries fail to comply with strict health precautions, the World Health Organization (WHO) warned Monday. FILE PHOTO: The Director General of the World Health Organization (WHO), Tedros Adhanom Ghebreyesus, attends a press conference organized by the Geneva …
Read More »Moderna’s action jumps when an analyst expects the FDA to approve its Covid-19 vaccine
Text size Maddie Meyer / Getty Images Moderna’s shares have risen 239% so far this year, and the biotech company, which has no approved medications, has a market capitalization of more than $ 24 billion. But in a note sent out Monday morning, Jefferies analyst Michael Yee writes that the …
Read More »Dow Futures Rise despite Covid-Case’s relentless increases. This is what the market may be looking at.
Text size Jeenah Moon / Getty Images 7:18 am Coronavirus cases continue to increase. The earnings season is preparing to begin. And the Dow Jones Industrial Average futures are rising. That is not as contradictory as it sounds. The stock market rebounded on Monday just where it left off on …
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