European markets opened on Thursday lower while Asian shares gained after Wall Street rose on better U.S. jobs and manufacturing conditions than expected. London, Frankfurt and U.S. futures were lower. Tokyo, Hong Kong and Sydney advanced while Shanghai declined. Stock markets have risen on optimism about a possible global recovery from the coronavirus pandemic as…
India, Australia sign defense, trade deals to bolster ties
In this handout photo provided by the Press Information Bureau, Indian Prime Minister Narendra Modi speaks during a virtual meeting with Australian Prime Minister Scott Morrison, in New Delhi, India, Thursday, June 4, 2020. India and Australia upgraded their relationship with a raft of agreements Thursday, including strengthening defense ties and cooperation in the Indo-Pacific…
Many more likely sought US jobless aid even as layoffs slow
In this May 21, 2020, file photo, a worker looks over an electronic slot machine as chairs have been removed from some machines to maintain social distancing between players at a closed Caesars Palace hotel and casino in Las Vegas. Cards will be cut, dice will roll and jackpots jingle when casinos in Las Vegas…
Global stocks turn lower ahead of ECB decision, US data
A currency trader walks by the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Thursday, June 4, 2020. Asian stock markets are mixed after Wall Street rose on better U.S. jobs…
European Central Bank boosts pandemic support program by 600 billion euros ($670 billion) to 1.35 trillion euros
FRANKFURT, Germany (AP) — European Central Bank boosts pandemic support program by 600 billion euros ($670 billion) to 1.35 trillion euros. The Next 5 Retailers on the Edge of Bankruptcy Through no fault of theirs, the novel coronavirus has put some retailers on the edge of bankruptcy. And as you’ve seen, many have fallen over…
The Latest: German car sales down despite open showrooms
In this Monday, May 25, 2020 photo a person walks past a storm drain with discarded gloves and other trash in Philadelphia. Between mid-March, when the city’s stay-at-home order was issued, and the end of April, most of the 19 sewer and storm water pumping stations in Philadelphia had experienced clogs from face masks, gloves…
European Central Bank nearly doubles pandemic support scheme
The buildings of the banking district are seen in Frankfurt, Germany, at dawn on early Sunday, May 31, 2020. (AP Photo/Michael Probst) FILE — In this Thursday, March 12, 2020 file photo the President of European Central Bank Christine Lagarde looks up prior to a press conference following a meeting of the ECB governing council…
U.S. trade gap rises to $49.4 billion in April
In this Nov. 4, 2019 file photo cargo cranes are used to take containers off of a Yang Ming Marine Transport Corporation boat at the Port of Tacoma in Tacoma, Wash. The U.S. trade deficit rose in March 2020 as the coronavirus outbreak battered America’s trade with the world. The gap between what the United…
1.9 million seek jobless aid even as reopenings slow layoffs
In this Wednesday, June 3, 2020 photo, Juan Santos stocks shelves at the Presidente Supermarket in the Little Havana neighborhood of Miami. The U.S. government is set to issue its latest report on the layoffs that have left millions unemployed but have steadily slowed as many businesses have begun to reopen and to rehire some…