Archive of 27 March 2020

Loonie pulls back from 10-day high as investor sentiment sours

The Canadian dollar was trading 0.7pc lower at 1.4123 to the greenback, or 70.81 US cents. The currency touched its strongest intraday level since...

Mexico president’s approval rating below 50pc for first time-poll

The poll, which is conducted for the newspaper, showed Lopez Obrador's rating had dropped to 49.6pc from 50.1pc a day earlier. MEXICO CITY: Mexican President...

Wall St heads for lower open after three-day surge as virus fears grow

The Dow Jones Industrial Average is now up more than 20pc from its intra-day low this week, technically establishing a bull market. The rebound...

Italy has yet to hit coronavirus peak, lockdown set to be extended

Franco Locatelli, who heads the council which advises the government on health matters, told reporters this deadline would need extending. The northern region of...

Parts of US will need longer-term focus on coronavirus containment, Pence says

Let me be very clear, there is going to be areas of the country where we need to continue to lean into mitigation efforts. WASHINGTON:...

French Finance minister says companies can’t ask for help and hand out dividends

Employment Minister Muriel Penicaud said the French government will ask companies in which the state has a stake not to pay dividends. PARIS: French Finance...

Second Chinese consignment of 50,000 testing kits reach Karachi  

According to NDMA spokesperson, the consignment carrying testing kits and medical was the second tranche of medical goods sent by Alibaba and Jack Ma...

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