Archive of 14 May 2020

Stocks sink on second virus wave fear, US jobs

Wall Street slipped in late morning deals Thursday, with the Dow down 0.4 percent. LONDON: World equities sank Thursday as mounting US unemployment added to...

One-third of US workers who lost jobs can’t pay bills: Fed

"The survey data show that early in the public health crisis, a larger fraction of Americans were facing financial hardship than in the fall...

Dollar climbs to 3-week peak; US jobs data shrugged off

The dollar was up 0.3% at 100.41, hitting a three-week high of 100.56 earlier in the session. NEW YORK: The dollar rose to a three-week...

Latam FX, stocks weaken as economic recovery seen far away

The Mexican peso traded flat with all eyes on Bank of Mexico's meeting later in the day. Latin American currencies weakened on Thursday, with Brazil's...

IHC orders PMDC to decide private college application till May 20

Justice Mohsin Akhter Kiyani of IHC conducted hearing on a petition of private medical college. He said that the decisions of PMC were also...

Trump threatens new taxes on companies that make goods outside United States

U.S. officials say that Trump's administration is "turbocharging" efforts to push companies to move production of  away from China, partly as a way to...

Airbus to be ‘resized,’ could cut output again

An Airbus spokesman said no decisions had been made. "Any further measures will be discussed first with our social partners, which means it is...

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