Indian bonds gain after early fall; fiscal package details awaited
By Ritu, Capital Sands Indian bonds recovered from early falls on Wednesday as investors chose to wait for details of the government’s 20 trillion rupee ($266 billion) fiscal package aimed at supporting an economy ravaged by a weeks-long coronavirus lockdown. Prime...
Europe Trades in Tight Ranges; Vodafone Outperforms
By Ritu, Capital Sands European stock markets traded in tight ranges Tuesday, as investors weighed up the benefits of reopening economies with the possibility of a second wave of Covid-19 victims. At 3:55 AM ET (0755 GMT), the DAX in Germany traded 0.1%...
Europe Higher; Reopening Economies Prompt Optimism
By Ritu, Capital Sands European stock markets posted gains Monday, amid growing optimism as more countries start to reopen their economies. At 3:45 AM ET (0735 GMT), the DAX in Germany traded 0.5% higher, and France's CAC 40 rose 0.2%. The U.K.'s FTSE index gained...
Europe Pushes Higher as Trade War Threat Recedes
By Ritu, Capital Sands European stock markets pushed higher Friday, helped by a lessening of tensions between China and the U.S. ahead of key employment data. At 4 AM ET (0800 GMT), the DAX in Germany traded 0.8% higher, and France's CAC 40 rose 0.6%. The...
Europe Edges Lower; FTSE 100 Outperforms
By Ritu, Capital Sands European stock markets traded slightly lower Wednesday amid weak economic data, while better than expected earnings helped the U.K. to outperform. At 4:35 AM ET (0835 GMT), the DAX in Germany traded 0.1% lower, France's CAC 40 fell 0.2%, while...
Bundesbank must stop buying government bonds if ECB can’t prove need
By Ritu, Capital Sands The Bundesbank must stop buying government bonds under the European Central Bank's long-running stimulus scheme within three months unless the ECB can prove those purchases are needed, Germany's top court ruled on Tuesday. The ruling deals a...
UK factories suffer worst month in three decades
By Ritu, Capital Sands British manufacturers suffered the biggest fall in output and orders for at least three decades in April, as measures to slow the spread of the new coronavirus sent the economy into a steep downturn, a survey showed on Friday. April's final IHS...
Europe Edges Higher; Central Bank Meetings Loom
By Ritu, Capital Sands European stock markets edged higher Wednesday, with investors cautiously optimistic ahead of key central bank meetings and as the earnings season continues. At 4:15 AM ET (0815 GMT), the U.K.'s FTSE index traded 0.7% higher, France's CAC 40 was...
Europe Posts Gains as Reopenings Draw Nearer
By Ritu, Capital Sands European stock markets pushed higher Wednesday amid signs the region’s economic shutdown may be coming to an end, but turmoil in the oil market continued to demand a degree of caution.. At 4 AM ET (0800 GMT), the U.K.'s FTSE index traded 1%...
Japan’s battle with pandemic may mark end of Abe’s fiscal experiment
By Ritu, Capital Sands The huge cost of the coronavirus pandemic is upending Japan's seven-year experiment to rescue the economy from its debt timebomb, as recession fears prompt calls for "helicopter money" - unlimited spending bankrolled by the central bank. Days...
Europe Posts Gains; Eurogroup to Meet Again
By Ritu, Capital Sands European stock markets pushed higher Thursday, as investors took in the strong gains on Wall Street overnight but remained cautious ahead of the resumption of talks on how to fund the massive government borrowing needed to support the region's...
Europe Posts Strong Gains; More Stimulus Eyed
By Ritu, Capital Sands European stock markets have pushed firmly higher Tuesday, as investors anticipate more financial aid to help bolster the region’s battered economies. The EU’s finance ministers will be in focus Tuesday as they meet to try and agree a list of...
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One million foreign students risk being frozen out of US colleges. Some might never come back
on July 8, 2020
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Secret torture site discovered in shipping containers
on July 8, 2020
Authorities in the Netherlands have discovered an apparent torture site hidden inside shipping containers, which were lined with sound-proofing material and filled with assumed torture devices, the country's National Prosecutor's Office has said.
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Children in China locked up for as long as 10 days at internet addiction camp
on July 8, 2020
A group of men who operated a self-proclaimed internet addiction treatment facility in southeastern China have been sentenced to prison, after being found guilty of locking children in solitary isolation for up to 10 days.
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World leader gives young people unusual Covid-19 advice
on July 8, 2020
President of Brazil Jair Bolsonaro touted the power of unproven medicine as he told the world he had tested positive for coronavirus. CNN's Bill Weir reports that his former health minister and a gravedigger have different views about the pandemic.
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China closes tourist spots in Inner Mongolia after bubonic plague case
on July 8, 2020
Authorities in the Chinese region of Inner Mongolia have closed several tourist spots after a case of bubonic plague was confirmed this week.
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The UK is reopening for business. London may never be the same
on July 7, 2020
London has seen more than its share of crises. The 2000-year old metropolis has endured an influenza pandemic, the Blitz and several financial meltdowns over just the past century.
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Europe's recession will be even deeper than expected
on July 7, 2020
Europe's economy will contract more sharply this year and take longer to recover from the coronavirus pandemic than previously expected, piling pressure on EU leaders to finalize plans for a huge recovery package.
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Facebook ad boycott organizers met with Zuckerberg. It didn't go well
on July 8, 2020
Civil rights and activist groups blasted Facebook's leadership on Tuesday after meeting with CEO Mark Zuckerberg and other executives to discuss the demands of a large advertiser boycott that now includes hundreds of brands.
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This small island chain is leading the way on hydrogen power
on March 27, 2020
Too much clean energy. It's an unusual problem to have, and one that's spurred a group of islands off the northern coast of Scotland to become an unlikely pioneer in hydrogen power.
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Energy drink? A UK startup is turning coffee into fuel
on May 14, 2020
Coffee chains create a lot of waste, from disposable takeaway cups to the used grounds that are sent to rot in landfills.
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