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World 27 Sep 2020 | 2:32 AM

Roundup: U.S. equities post mixed results amid recovery concerns, tech rebound

NEW YORK, Sept. 26 (Xinhua) -- Wall Street's major averages had mixed performance last week as investors' concerns on economic recovery weighed on the Dow, and tech sector gained from risk-off sentiment and investors' buying of the dip.

World 26 Sep 2020 | 4:55 AM

Canada's natural resources industry sees record decline in employment amid COVID-19 pandemic

OTTAWA, Sept. 25 (Xinhua) -- A total of 42,950 people in Canada's natural resources industry fell out of work in April, May and June due to impact of the COVID-19 pandemic, according to Statistics Canada Friday.

World 25 Sep 2020 | 5:30 AM

Mexico's central bank cuts benchmark interest rate for 11th time, citing pandemic risks

MEXICO CITY, Sept. 24 (Xinhua) -- The central bank of Mexico (Banxico) on Thursday announced its decision to cut the benchmark interest rate for the 11th time, citing risks to Mexico's economic growth from the ongoing novel coronavirus (COVID-19) pandemic.

World 25 Sep 2020 | 4:45 AM

Brazil's central bank upgrades 2020 growth forecast to 5 pct drop in GDP

BRASILIA, Sept. 24 (Xinhua) -- The Central Bank of Brazil upgraded its economic growth forecast for 2020, from a 6.4 percent contraction to a 5 percent contraction, the bank said Thursday in its Quarterly Report on Inflation.

World 25 Sep 2020 | 4:37 AM

Roundup: Rising COVID-19 intensive care cases worry Italy, with schools open and flu season approaching

ROME, Sept. 24 (Xinhua) -- Italy's coronavirus infection and mortality rates remained in a holding pattern through Thursday even as the pandemic flared up in other parts of Europe.