Patients, most of them elderly, are lying on stretchers in hallways and taking oxygen while sitting in wheelchairs as COVID-19 surges in China‘s capital Beijing. The Chuiyangliu hospital in the city’s east was packed with newly arrived patients on Thursday. By midmorning beds had run out, even as ambulances continued to bring those in need. … Read more
By Tommy Wilkes LONDON: Britain’s trade agreement with the European Union removes a 4-1/2-year old fear of crashing out of the bloc without trading arrangements in place, but it will take UK financial markets years to lose their Brexit-inflicted scars. The “no-deal Brexit” risk has weighed on Britain’s growth and investment prospects since June 2016, … Read more
NEW DELHI: Gold and silver futures were steady in the morning trade on Thursday as investors anticipate heavy buying of the precious metals during Diwali that will push prices up in coming days. Meanwhile, major economies including the European Union continue to work on another stimulus package, lifting prospects of gold, which is a hedge … Read more
ZURICH: Swiss pharmaceuticals giant Roche said Tuesday it would produce a new antigen test for Covid-19, allowing high-volume and rapid testing for the deadly disease, by the end of the year. The new Elecsys SARS-CoV-2 Antigen test is meant to be administered by healthcare professionals in a lab setting and allows the detection of the … Read more
The rupee on Tuesday opened 12 paise higher at 73.37 against the US dollar tracking gains in the domestic equity markets, easing crude oil prices and weakness in the dollar index. On Monday, the local currency pared most of its gains in the latter half of the session following weakness in the domestic equities. Market … Read more
London: A British government minister admitted Tuesday that plans not to apply parts of the European Union divorce deal relating to Northern Ireland break international law, but only in “tightly defined circumstances”. Northern Ireland Secretary Brandon Lewis was speaking in parliament about legislation due to be published on Wednesday that will include attempts to “clarify” … Read more
Hong Kong market is doing incredibly well but their economy is doing dreadfully and it is going to do insignificantly worse, says the CEO, Ecognosis Advisory. What explains this kind of a staggering move across the Chinese markets? Just when the world is turning away from Beijing when it comes to the manufacturing hub, one … Read more