(Adds details) BERLIN, March 2 (Reuters) – German retail sales tumbled more than expected in January as the COVID-19 lockdown and the withdrawal of a temporary cut in sales tax hit consumer spending in Europe’s largest economy, data showed on Tuesday. The Federal Statistics Office said retail sales fell 4.5% on the month in real terms after an upwardly revised […]
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(Reuters) – Here’s what you need to know about the coronavirus right now:Director of the Tokyo Medical Center Kazuhiro Araki speaks to the media after receiving a dose of the coronavirus disease (COVID-19) vaccine as Japan launches its inoculation campaign, in Tokyo, Japan February 17, 2021. Behrouz Mehri/Pool via REUTERSGlobal infections up for first time in 7 weeks, WHO says […]
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European stocks are expected to open in negative territory on Tuesday, retreating from gains made in the previous trading session. London's FTSE is seen opening 21 points lower at 6,558, Germany's DAX down 55 points at 13,943, France's CAC 40 down 16 points at 5,777 and Italy's FTSE MIB 81 points lower at 23,170, according to IG. LONDON — European stocks […]
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Troubled drug developer Mesoblast has been given a financial lifeline analysts expect will give it an 18-month cash buffer after securing a $138 million investment from a surprise US backer. The ASX-listed $1.45 billion stem cell treatments maker unveiled an unexpected new partner on Tuesday, confirming it had sealed a $US110 million ($138 million) deal with a US investor group […]
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The sun sets behind the chimneys of the Total Grandpuits oil refinery, southeast of Paris, France, March 1, 2021. REUTERS/Christian HartmannTOKYO (Reuters) – Oil prices fell more than 1% on Tuesday, extending losses that began last week, as investors unwound long positions on concern that OPEC may agree to increase global supply in a meeting this week and Chinese demand […]
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(Reuters) – The United States reported a 3% decline in new cases of COVID-19 last week, a much smaller drop than in the previous six weeks, and health officials warned that progress against the global pandemic was stalling.Slideshow ( 2 images )New cases fell as much as 25% in the week ended Feb. 7 and 23% in the week ended […]
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FILE PHOTO: An electrical substation is seen after winter weather caused electricity blackouts in Houston, Texas, U.S. February 20, 2021. REUTERS/Go NakamuraHOUSTON (Reuters) – Texas energy companies failed to pay another $345 million for electricity and other services incurred during last month’s cold snap, the operator of the state’s grid said on Monday. In all, electricity providers have skipped out […]
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FILE PHOTO: Keith Gill, an individual online investor in GameStop, testifies during an entirely virtual hearing of the U.S. House of Representatives Committee on Financial Services entitled “Game Stopped? Who Wins and Loses When Short Sellers, Social Media, and Retail Investors Collide?”, in Washington, U.S., February 18, 2021. House Committee on Financial Services/Handout via Reuters WASHINGTON (Reuters) – The Massachusetts […]
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(Reuters) – Johnson & Johnson is waiting on regulatory approval of a new, larger plant operated by contract manufacturer Catalent Inc to begin large-scale U.S. deliveries of its just-authorized COVID-19 vaccine following initial shipments this week, a top J&J executive said on Monday.FILE PHOTO: Paul Stoffels, Chief Scientific Officer of Johnson & Johnson attends the annual meeting of the World […]
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