Moroccan MPs rap virus lockdown extension, saying people ‘exhausted’
Government and opposition members of parliament on Wednesday criticised the extension of parts of Morocco’s coronavirus lockdown, saying people were desperate to emerge from confinement...
New coronavirus deaths in France sharply down, but cases rise
France’s new death toll from COVID-19 on Wednesday was only one-third of the tally the day before but the total of new confirmed infections rose...
U.S. CDC reports 1,973,797 coronavirus cases
The U.S. Centers for Disease Control and Prevention (CDC) on Wednesday reported 1,973,797 cases of the new coronavirus, an increase of 17,376 cases from its...
U.S. May deficit nearly doubles to $399 billion
The U.S. federal budget deficit in May nearly doubled to $399 billion from a year earlier amid continued strong spending on coronavirus relief programs and...
Oil edges higher, even as U.S. inventory rise revives glut worries
Oil recovered its earlier losses on Wednesday, even as U.S. data showed crude inventories rose to a record high, reviving worries of a persistent glut...
Fed sees growth contracting by 6.5% on year, pledges bondbuying at least ‘at current pace’
The U.S. Federal Reserve on Wednesday repeated its promise of continued extraordinary support for the economy as policymakers projected a 6.5% decline in gross domestic...
Mnuchin says U.S. recovery has begun, will gain strength in third, fourth quarter
U.S. Treasury Secretary Steven Mnuchin said on Wednesday that the U.S. economy has already begun to rebound from the coronavirus pandemic and would “improve dramatically”...
George Floyd’s brother tells Congress: ‘He didn’t deserve to die over $20’
A brother of George Floyd took his grief to the U.S. capital on Wednesday with an impassioned plea to Congress not to let his brother...
Belgian prince fined for breaching quarantine rules in Spain
Spain has fined Belgium’s Prince Joachim 10,400 euros ($11,800) for breaking quarantine rules last month during a trip to the country, where he tested positive...
Inditex invests in technology to merge online with in-store shopping
Zara owner Inditex unveiled a 2.7 billion euro ($3 billion) investment in technology on Wednesday to make it easier for customers to track the items...