Stocks Drop on Energy Selloff Amid Virus Jitters: Markets Wrap
(Bloomberg) — U.S. stocks fell amid a selloff in giant oil producers and concern that a resurgence of coronavirus cases would curb an economic recovery. The dollar rose. Energy shares led declines in the S&P 500 as Exxon Mobil Corp. and Chevron…
Holidaymakers returning from Spain asked to take Covid test over fears virus could be imported into the UK
Woman wearing a face mask on the beach in Spain – Reuters All holidaymakers who have returned from Spain since last week are expected to be advised by the Government to take a Covid-19 test as soon as possible. Matt Hancock, the Health Secretary,…
Daimler Eyes Profit After Weathering Worst of Virus Crisis
(Bloomberg) — Daimler AG came through the worst of the coronavirus crisis better than feared and sees enough signs of recovery in auto demand to forecast a profit this year. After Tesla Inc. managed to stay profitable even in the midst of a global…
Covid-19 mutation spreading faster than Wuhan virus, says expert
Some companies are employing specialist cleansing teams to regularly disinfect communal areas – RUSSELL SACH If you want to receive twice-daily briefings like this by email, sign up to the Front Page newsletter here . For two-minute audio updates,…
UK has a ‘window of opportunity’ to eradicate virus before the weather changes next month, says scientists
Data across Europe suggests warmer temperatures and humidity have helped reduce the spread of the virus – AP Coronavirus Article Bar with counter .. Britain has a “window of opportunity” to stamp out Covid-19 before the temperature…
Travel, Retail Shares Coming Under Pressure Again As Virus Cases Spike In Parts Of U.S.
(Thursday Market Open) Is this rally running out of steam? More catalysts might be needed to sustain the positive flow, but most of the news this morning is negative. That includes reports of spiking virus caseloads in parts of the U.S. and a bearish…
European Stocks Fall With Tech Shares Amid Renewed Virus Woes
(Bloomberg) — European stocks fell on Tuesday, led by declines in tech shares and travel firms, as worries over rising coronavirus cases weighed on investor sentiment as the earnings season kicks off. The Stoxx 600 Index closed 0.8% lower in…
Battery Giant TDK Expects Virus to Boost Gadget, Auto Prospects
(Bloomberg) — TDK Corp. sees a silver lining to the coronavirus pandemic in a boost to demand for its batteries and sensors in electronic gadgets and a long-term push toward greater use of tech in the auto industry. Once ubiquitous across cassette…