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US$ slides as vaccine news offsets surge in virus cases
NEW YORK: The US dollar slipped on Friday, as its safe-haven allure diminished, on hopes of a potential vaccine for the novel coronavirus that outweighed concerns about the surge in infections in the United States and around the world.
Insight - Wall Street forges a new relationship to data in Coronavirus age
ALTERNATIVE data has been a buzzword on Wall Street for years. Never has demand been greater than during the coronavirus era
Advertiser boycott of Facebook gains ground
PETALING JAYA: The support for global advertiser boycott on social media giant Facebook’s platform for allowing hate speech is gaining ground.
UK economy begins tepid recovery in May
LONDON: Britain’s economy took a first step on the long road to recovery from the Covid-19 crisis in May, as activity began to pick up after lockdown restrictions began to ease, but there was less of a rebound than economists had forecast.
For first time, world records one million coronavirus cases in 100 hours
Global coronavirus infections passed 14 million on Friday, according to a Reuterstally, marking the first time there has been a surge of 1 million cases in under 100 hours.
Life after lockdown: A recovery like no other
CONVENTIONAL wisdom has it that the Covid-19 pandemic started to spread from Wuhan, China.
Proxy fight looms as Ootoya opposes offer
TOKYO: A long-running feud for control of a Japanese provider of home-cooked meals has spilled out of the boardroom and into the kitchen.
Wall Street ends choppy session higher on mixed earnings
NEW YORK: Wall Street ended higher on Wednesday after a see-saw session as investors digested mixed quarterly results and contentious stimulus negotiations in Washington.
Global coronavirus cases exceed 15mil
SYDNEY/LONDON:Â Global coronavirus infections surged past 15 million on Wednesday, according to a Reuters tally, with the pandemic gathering pace even as countries remain divided in their response to the crisis.
UK retail spending rebounds to near pre-lockdown levels
LONDON: British retail sales jumped back almost to pre-coronavirus lockdown levels in June when non-essential stores in England reopened, giving a boost to beleaguered clothing stores.