news

Global coronavirus deaths top half a million

29.06.2020, 05:49

SYDNEY/BEIJING - The death toll from COVID-19 surpassed half a million people on Sunday, according to a Reuters tally, a grim milestone for the global pandemic that seems to be resurgent in some countries even as other regions are still grappling with the first wave.

UK's Johnson pledges 'Rooseveltian' spending boost after COVID hit

29.06.2020, 04:48

LONDON - British Prime Minister Boris Johnson promised a "Rooseveltian" boost to public spending to help the country's economy recover from the coronavirus shock and said a return to austerity would be a mistake.

Stocks hit two-week lows, oil slides on virus surge

29.06.2020, 03:46

LONDON - World shares hit two-week lows and oil fell nearly 2% on Monday as the relentless spread of the coronavirus curbed optimism on the global economy, prompting investors to take shelter in safe-haven bonds and gold.

UK bumps up mammoth bond sales drive to 275 billion pounds

29.06.2020, 02:45

LONDON - Britain plans to sell a record 275 billion pounds ($340 billion) of government debt between April and August to pay for its huge spending response to the coronavirus pandemic, more than double its borrowing in the whole previous financial year.

European shares inch higher, Wirecard surges

29.06.2020, 01:44

European shares edged higher on Monday as investors clung to hopes of a quicker economic recovery in the continent even as coronavirus cases surged globally.