European stocks rose on Monday, with top leaders still negotiating a rescue fund to boost the economic response to the coronavirus. At mid-morning, the Stoxx Europe 600 SXXP, + 0.18% They traded 0.2% higher, overcoming a weaker start. The German DAX DAX, + 0.51%, French CAC 40 PX1, + 0.11% …
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MENLO PARK, California – Walt Disney Co. has “dramatically” cut its advertising budget on Facebook and Facebook-owned Instagram, according to a report published in the Wall Street Journal. It is the latest setback for the social network, which is facing a growing advertising boycott of its policies and actions on …
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As the Covid-19 crisis intensifies in the United States, the fight for an effective vaccine is about to collide with the electoral calendar. Pfizer (ticker: PFE) says it will seek authorization from the Food and Drug Administration for its Covid-19 vaccine starting in October. Meanwhile, the federal government’s Covid-19 vaccine …
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The actions of the cruise operators were affected on Friday by the extension of the order of prohibition of navigation on the part of the Centers for the Control and the Prevention of Diseases, as a result of the recent increase in the cases of COVID-19. The CDC said passenger …
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Something unusual has happened in the markets in the last week. The high-flying tech stocks that investors have sought refuge have declined, but so has the recovery of COVID-19 in the travel and leisure sector. Instead, not only finance has gained ground as big banks have reported results, but also …
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