[ad_1]
News you may have missed
The United States suffered a fourth consecutive day of deaths from coronavirus greater than 2,000bringing the total number of lives lost in the country during the outbreak to more than 32,000. Another 2,060 people died from Covid-19 in the past 24 hours, according to data from the Covid Tracking Project released Friday afternoon, with 630 of them in New York and 322 in New Jersey, the worst and second most states. affected. The United States has recorded 32,356 deaths and almost 687,000 cases reported since the outbreak began.
Wall Street advanced on Friday, registering its first consecutive weekly earnings since February, hoping for a possible drug to treat Covid-19. The S&P 500 ended the day 2.7% higher, taking its weekly profit to 3%. Meanwhile, the Nasdaq Composite was up 1.4% on the day and 6.1% on the week. Reports have increased stocks that remdesivir, a drug produced by Gilead Sciences, has produced promising signs as a treatment for coronavirus.
The state of texas He established plans to gradually reopen parts of his economy that will see restrictions on retailers, surgeries, and parks that will relax starting next week. Governor Greg Abbott announced that a new “strike force” had been formed consisting of state leaders, health officials, as well as figures from the business and nonprofit sectors to oversee the gradual reopening of the state economy. Businesses that were previously not considered essential can offer “take-away retail” services beginning April 24, but customers will not be able to enter stores yet.
Amazon has converted some of its Whole Foods Stores to serve only online orders as the chain continues to struggle to meet demand. Social distancing measures at the chain have led to long wait times and lines outside stores, and the company now believes that focusing on delivery will allow it to serve more total customers per day.
American retailer Walmart He said he will hire 50,000 more workers, in addition to the 150,000 temporary employees he has already hired, as the retailer continues to see strong demand as consumers stock up during the coronavirus pandemic. The Arkansas-based group said the new workers will be hired on a temporary basis and will provide existing associates with flexibility to take time off and stay home. The new workers will be hired as ATMs, suppliers, and personal buyers, as well as at the company’s distribution centers.
The UK has launched a special force to develop a vaccine for the coronavirus on a massive scale, the government said in its daily briefing on Downing Street. Alok Sharma, secretary of state for business, energy and industrial strategy, announced 21 research projects along with £ 14 million in funding, as well as a center in Harwell, near Oxford. “The government has established a vaccine working group to coordinate the efforts of the government, academia and industry towards a single goal,” he said.
Production and sales at Vale, the world’s largest iron ore producer, fell in the first quarter due to interruptions related to the coronavirus. The Brazilian company said it extracted 59.6 million tons in the three months ended March 30, 23.9 percent less than in the previous quarter and below its production guidance for the quarter of 63 million a 68 million tons. Vale’s iron ore sales plummeted to 51.6 million tonnes, 33.7 percent less than in the last quarter of 2019. “In the future, the impact of Covid-19 … may be more significant, “the company warned.
Poland will not be able to endure presidential election in its traditional form for at least two years due to the risks posed by the coronavirus pandemic, the country’s health minister said on Friday. Poland is expected to hold a presidential vote on May 10, but opposition politicians have called for the vote to be postponed, arguing that it would now be dangerous and unfair to go ahead.