Commodities
US Q2 GDP drops by 32.9%
Economic activity in the US collapsed during the second quarter, even if at a marginally slower than expected pace, alongside a fall in prices.
Initial US jobless claims stable over latest week
Initial jobless claims in the US were little changed during the preceding week, but secondary claims jumped, possibly underlining the difficulty of rejoining the labour force.
UK government extends Covid-19 self-isolation to 10 days from 7
The UK government has extended the quarantine period for anyone who tests positive or shows symptoms of having Covid-19 from 7 days to 10 days.
EU warns of syringe shortages if Covid-19 vaccine found
The European Union warned of the a potential shortages of syringes, wipes and protective gear needed for a mass Covid-19 vaccination programme and called on member states to buy the required equipment as a bloc.
Europe midday: Losses accelerate as investors fret over epidemic's path
Losses in stockmarkets across Europe accelerated as investors digested data showing that German gross domestic product fell at its quickest pace on record since at least 1970.
German GDP suffers worst drop in Q2 since 1970
German GDP fell by a record 10. 1% quarter-on-quarter in the second quarter as the Covid-19 crisis took its toll, according to figures released by Destatis on Thursday.