European shares inched higher on Thursday after a survey showed consumer confidence in Germany has improved more than expected. The forward-looking consumer sentiment index rose to -9.6 in July from revised -18.6 in June reflecting the rapid reopening of the economy after coronavirus-related lockdown and economic stimulus package, according to survey results published by market research group GfK. The score […]
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As they say, it couldn’t have happened to a nicer guy – in the best way. Nearly 25 years after joining CBS as a media relations executive, Chris Ender today was named communications chief for the CBS Entertainment Group. “Reporting to me, Chris will be responsible for all public relations, media relations and corporate communications functions across our CBS divisions,” […]
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European stocks are seen opening on a cautious note Thursday as a continued surge in coronavirus cases and fresh trade tensions dimmed investors’ hopes for a quick economic turnaround. Asian markets followed Wall Street higher, while the dollar clung on to broad overnight gains. Oil extended losses after sliding more than 5 percent in the previous session. Gold traded flat […]
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NEW YORK (Reuters) – U.S. stocks moved higher on Wednesday as rising hopes of a safe and effective COVID-19 vaccine eased concerns another round of lockdowns was likely following a record surge in coronavirus cases in the United States. Pfizer Inc’s shares rose nearly 5% after the drugmaker said a COVID-19 vaccine being developed with German biotech firm BioNTech showed […]
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WASHINGTON (Reuters) – U.S., Mexican and Canadian business groups applauded a new North American trade deal’s entry into force on Wednesday, but said more work and flexibility was needed to overcome challenges including implementation of new labor and automotive rules. The U.S. Chamber of Commerce, the Canadian Chamber of Commerce and Mexico’s Consejo Coordinator Empresarial said in a joint statement […]
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(Reuters) – Wall Street’s main indexes were set to open near-flat on Wednesday, as a record single-day spike in coronavirus cases in the country heightened fears of another lockdown and threatened to derail a nascent economic recovery. After notching up its biggest three-month gains since 1998 in the previous session, the S&P 500 looked set to begin the third quarter […]
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The annual rate of house price growth has turned negative for the first time since 2012, according to a closely-watched measure. The Nationwide Building Society’s monthly index covering June showed average values falling by 0.1% year on year following a 1.4% decline on the previous month. That followed a 1.7% fall during May – the largest monthly drop in 11 […]
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Amy Traub is associate director of policy and research at Demos. The opinions expressed in this commentary are her own. For tens of millions of Americans thrown out of work in the Covid-19 economic shutdown, it’s not clear where money to pay the rent or the mortgage, the electric bill or the car loan will come from. While the stimulus […]
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As Covid-19 spread across the globe this spring, flights were halted, commutes were cancelled and oil tankers floated offshore, waiting for a spike in demand. The coronavirus cut global carbon emissions more than any other event in the last century. But the pandemic-induced slowdown may ultimately hamper efforts to curb climate change. Dubai, United Arab EmiratesMost polluted air today, in sensor range 31% Carbon-free net […]
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