European stocks opened in negative territory on Monday as investors digest the growing number of deaths from coronavirus. The pan-European Stoxx 600 was down 0.3% at the start of trading, with core resources and oil and gas stocks losing 0.7% to lead losses as most sectors and major markets opened …
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 »Global report: India Covid-19 cases pass 500,000 as Texas revives closure | World News
India approved half a million coronavirus infections, as experts advised the government to prioritize reducing mortality rather than containing the spread of Covid-19, while in the U.S., the growing infections led to two of the largest states to retrieve the coronavirus controls. Texas became the first state to revive the …
Read More »Italian soldiers are implementing a coronavirus barricade around the migrant farmworker community
Police and Italian army personnel surround the “red zone” where 49 new cases of coronavirus infections were confirmed, in Mondragone, southern Italy, on June 25, 2020. Salvatore Laporta / KONTROLAB / LightRocket / Getty Rome – Italy has deployed soldiers to help secure a residential complex in the south of …
Read More »Oil stocks and increases despite growing cases of coronavirus
LONDON (Reuters) – Markets showed signs of optimism on Friday, with the opening of European stocks and rising oil prices despite a record number of new COVID-19 infections in the United States. FILE PHOTO: A man in a protective face mask walks past the London Stock Exchange Group building in …
Read More »