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NEW YORK, Aug. 14 (Xinhua) -- Wall Street's major averages closed mixed on Friday after data showed U.S. retail sales in July increased less than expected.
WASHINGTON, Aug. 14 (Xinhua) -- U.S. President Donald Trump on Friday pushed for more COVID-19 relief to households and small businesses after congressional lawmakers left Washington D.C. with no deal in sight.
BERLIN, Aug. 14 (Xinhua) -- Parts of Germany's stimulus package in response to the COVID-19 crisis would damage the domestic economy because over 40 billion euros (47.3 billion U.S. dollars) of the subsidies had to be "viewed critically," according to a study released Friday by Germany's economic think tank Kiel Institute for the World Economy (IfW Kiel).
MANILA (Philippine Daily Inquirer/ANN): A group of companies that repurposed their plants to make personal protective equipment (PPE) for health care workers is now asking the government for help, as they struggle against the influx of imported PPEs.
LONDON: The dollar steadied on Friday as a spike in U.S. bond yields and a drag on risk sentiment from lacklustre Chinese economic data slowed a selldown of the U.S. currency, which was headed for its longest weekly losing streak since 2010.
MANILA, Aug 14 (Philippine Inquirer/ANN): A group of companies that repurposed their plants to make personal protective equipment (PPE) for health care workers is now asking the government for help, as they struggle against the influx of imported PPEs.
SYDNEY:Australia's central bank on Friday called on all levels of government to "put all shoulders to the wheel" to fund the spending desperately needed to generate jobs and drag the economy out of its deepest recession in about a century.
WASHINGTON (Reuters) - President Donald Trump said on Thursday he was blocking Democrats' effort to include funds for the U.S. Postal Service and election infrastructure in a new coronavirus relief bill, a bid to block more Americans from voting by mail during the pandemic.
BOSTON: Asian shares were set for a largely flat start on Friday as markets weighed a pause in Wall Street's multi-month stock rebound and awaited the release of Chinese economic data later in the session.
NEW YORK: Oil prices eased on Thursday after the International Energy Agency lowered its 2020 oil demand forecast due to unprecedented travel restrictions to fight the coronavirus, but resilience in equities markets and a weak dollar limited losses.