Home »
BERLIN (Reuters) -Chancellor Angela Merkel’s chief of staff said on Sunday he fears the number of new coronavirus cases in Germany could soar to 100,000 a day in about two months unless many more people get vaccinated and those who refuse may face restrictions.FILE PHOTO: Passengers wear face masks as they wait for an S-Bahn commuter train on the platform […]
Read more
(Repeats story first published Friday with no changes to text) NEW YORK, July 23 (Reuters) – The rally on Wall Street faces a fresh test next week with a flood of earnings reports from major U.S. companies, including the tech and internet behemoths that have recently retaken leadership of the market. More than one third of the S&P 500 is […]
Read more
BUDAPEST (Reuters) -Thousands of Hungarians joined the annual Budapest Pride march on Saturday to support LGBTQ people and protest against a law that limits teaching about homosexuality and transgender issues in schools. Hungary’s nationalist Prime Minister Viktor Orban, in power since 2010, has introduced social policies that he says aim to safeguard traditional Christian values from Western liberalism, stoking tensions […]
Read more
Business: CytoDyn is a late-stage biotechnology company. The company focuses on developing treatments for multiple therapeutic indications based on leronlimab, a novel humanized monoclonal antibody targeting the CCR5 receptor. Its leronlimab is in a class of therapeutic monoclonal antibodies designed to address unmet medical needs in the areas of human immunodeficiency virus (HIV), cancer, immunology, and novel coronavirus disease (Covid-19). […]
Read more
NEW YORK/LISBON (Reuters) -Creditors of Venezuelan state oil company PDVSA are targeting funds held in the firm’s accounts at Portugal’s Novo Banco in an effort to collect hundreds of millions of dollars in unpaid debts.FILE PHOTO: The corporate logo of state oil company PDVSA is seen on a tank at an oil facility in Lagunillas, Venezuela January 29, 2019. REUTERS/Isaac […]
Read more
MOSCOW (Reuters) – Russia’s central bank increased its key interest rate to 6.5% on Friday to curb stubbornly high inflation and indicated that further rate increases were possible even after the 100 basis point hike, its sharpest since late 2014.FILE PHOTO: A Russian state flag flies over the Central Bank headquarters in Moscow, Russia March 29, 2021. A sign reads: […]
Read more
* South African rand worst weekly performer, down 2.3% * Russian c.bank hikes rates by most since 2014 * Further Russian rate hikes may not be as strong- ING (Updates after Russian c.bank decision) July 23 (Reuters) – Russia’s rouble pared early losses on Friday after the central bank hiked interest rates by the most since 2014, while concerns over […]
Read more
MOSCOW (Reuters) -Russia’s central bank increased its key interest rate to 6.5% on Friday to curb stubbornly high inflation and indicated that further rate increases were possible even after the 100 basis point hike, its sharpest since late 2014.FILE PHOTO: A Russian state flag flies over the Central Bank headquarters in Moscow, Russia March 29, 2021. A sign reads: “Bank […]
Read more
A quarter of the way through earnings season, we are headed toward the best profit growth in over a decade. One fourth of the S&P 500 has now reported second-quarter earnings. Overall earnings are now expected to grow 76% year-over-year for the period, according to Refinitiv, the best growth since 2009. Why are stock prices still near record levels? Still, […]
Read more
DETROIT (Reuters) – Automakers and battery manufacturers are racing to develop new electric-vehicle batteries that can reinforce body structures and open the door to breakthroughs in driving range.Josh Tavel, executive engineer for GMC Hummer EV, talks about a pre-production version of the Hummer electric pickup in Milford, Michigan, U.S., May 14, 2021. Photo taken May 14, 2021. REUTERS/Rebecca CookWhat engineers […]
Read more