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 »Investors Monitor US Coronavirus Cases, Hopes for Recovery
European markets advanced on Friday morning despite rising cases of coronavirus in the US and additional warnings about a second market crash from the International Monetary Fund (IMF). The pan-European Stoxx 600 rose 0.6% in initial trade, with tech stocks adding 1.2% to lead gains as all sectors and major …
Read More »Countries experiencing a sudden increase in coronavirus cases
Travelers wearing protective masks wait for a train at the Luz station in Sao Paulo. As the country breaks records and the pollution curve does not flatten, President Jair Bolsonaro stands firm on his crusade to reopen trade and the economy. Pacific Press Blockades imposed around the world in an …
Read More »Trump administration says Huawei and Hikvision are backed by the Chinese military
Flags with the Huawei logo. FRED DUFOUR | AFP via Getty Images The Trump administration has determined that major Chinese companies, including telecommunications equipment giant Huawei Technologies and video surveillance company Hikvision, are owned or controlled by the Chinese military, laying the groundwork for new U.S. financial sanctions. Washington placed …
Read More »Countries say they are unlikely to impose full blockades if there is a second wave, analysts say
People enjoy the beach amid the coronavirus pandemic in Huntington Beach, California on June 14, 2020. APU GOMES | AFP | fake pictures Countries are highly unlikely to impose another full blockade despite a resurgence of new cases of coronavirus in some parts of the world, analysts told CNBC. The …
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