Archive of 3 April 2020
IMF, WHO urge leaders to focus on health spending to get virus under control
Apr 03, 2020Georgieva and Tedros said health expenditures were critical to protect people against the pandemic and should be paired with initiatives to reduce unemployment. The...
New York reports deadliest day from virus, makes plea for help
Apr 03, 2020Cuomo warned that people were going to die in the near term due to a lack of ventilators of hospital beds and called for...
Rouble edges up on oil price surge, lockdown concerns in focus
Apr 03, 2020The rouble was up 0.4pc against the dollar at 77.01 and had gained 0.9pc to trade at 83.14 versus the euro. Brent crude oil,...
Sterling drops as British firms suffer record slump
Apr 03, 2020Sterling was last down 1.5pc at $1.2205, having fallen earlier to its weakest level since Tuesday at $1.2243. "Sterling is meant to be perceived...
Wall Street falls as coronavirus ends record job growth
Apr 03, 2020Disney's shares fell 3.5pc, while Under Armour shed 3pc after saying it would temporarily lay off employees at its US stores. Economists have cut...
Merkel says too early to ease lockdown in Germany despite signs of slowdown in virus spread
Apr 03, 2020"The government and I personally are thinking about how we can simultaneously achieve two things: securing health protection for all, and also starting a...
European stocks end lower as COVID-19 economic toll becomes clearer
Apr 03, 2020The index fell about 0.6pc for the week. Still, it appeared to have gained a measure of stability after sharp daily movements over the...