Philippines' military chief says 47 killed in plane crash, 49 injured

First responders work at the site after a Philippines Air Force Lockheed C-130 plane carrying troops crashed on landing in Patikul, Sulu province, Philippines July 4, 2021. Armed Forces of the Philippines – Joint Task Force Sulu/Handout via REUTERS MANILA (Reuters) – All 96 passengers of the Philippine Air Force plane that crashed on Sunday have all been accounted for, […]

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UK's Johnson to set out plan for final lockdown easing on Monday

LONDON (Reuters) – British Prime Minister Boris Johnson will set out plans for the final step of easing lockdown in England on Monday, including guidance on social distancing, face coverings and working from home, the government said.People, some wearing protective face masks, walk through Waterloo Station, amid the coronavirus disease (COVID-19) pandemic, in London, Britain, July 4, 2021. REUTERS/Henry NichollsThe […]

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Gold, silver fell most since Nov. 2016 in June

The short-term outlook for Comex silver, too, is weak and the price can fall to the immediate target at $24.5-25.10 range. Precious metals lost sheen in June, recording the worst monthly performance since November 2016. The strengthening U.S. dollar, along with the firm trend in equity markets affected sentiment towards precious metals. Reports that the U.S. Federal Reserve will start […]

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Fund manager says meme stock phenomenon is not a fad

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. New York (CNN Business)Stocks enjoyed a stellar first half of the year. But will the market be able to keep rallying? Valuations are rapidly approaching historically expensive levels, and some experts are worried about how high stocks […]

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One million U.S. vaccine doses due in Malaysia on Monday

FILE PHOTO: FILE PHOTO: A vial labelled with the Pfizer-BioNTech coronavirus disease (COVID-19) vaccine is seen in this illustration picture taken March 19, 2021. REUTERS/Dado Ruvic/Illustration/WASHINGTON (Reuters) – One million donated doses of the COVID-19 vaccine developed by Pfizer Inc’s and BioNTech will arrive in Malaysia on Monday, White House officials said, with plans for more shipments to Southeast Asia […]

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US STOCKS-Wall Street hits record on robust June jobs data

* Nonfarm payrolls rise more than expected in June * S&P 500 7-day win streak longest since August 2020 * Virgin Galactic jumps on announcing crewed flight plan * Didi drops as China to conduct cyber security probe * Dow up 0.44%, S&P 500 up 0.75%, Nasdaq down 0.81% (Adds close after the 4 p.m. bell) NEW YORK, July 2 […]

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S&P 500, Nasdaq hit records on strong June jobs data

NEW YORK (Reuters) – The S&P 500 and Nasdaq scaled new highs on Friday, with the S&P closing up for a seventh straight day, after jobs data for June showed robust hiring yet persistent weakness in the labor market that will keep the Federal Reserve from raising interest rates any time soon.FILE PHOTO: A security camera is seen next to […]

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