Currencies
Fed acknowledges medium-term risks to economy from Covid-19 crisis
Americans can rest assured that the Federal Reserve will do its utmost to maintain loose monetary policy until the economy is firmly on the path to recovery, US rate-setters said.
Gilead Sciences shares halted after 'positive data' from clinical trial
Shares of US biotechnology outfit Gilead Sciences were halted after the company notified markets that "positive data" were emerging from a clinical trial being conducted by the US government's National Institute of Allergy and Infectious Diseases for the use of its Remdesivir treatment against the Covid-19 coronavirus.
Whatsapp alleges NSO Group 'deeply involved' in data hacks on users
Facebook owned messaging app Whatsapp alleged in new court filings that Israeli spyware firm NSO Group used US-based servers and was “deeply involved” in hacking the mobile phones of 1,400 Whatsapp users.
Coronavirus 99%-accurate antibody test approved for use in Europe
A new coronavirus antibody test that has proven to be 99% accurate has been certified for distribution across Europe.
US Q1 GDP crashes as consumption and business investment collapse
The US economy shrank sharply and more quickly than expected at the start of the year, even before being hit by the full force of the Covid-19 pandemic.
UK and EU economic sentiment crash in April
UK economic sentiment crashed in April as the dominant services sector hit a record low amid a virtual shutdown of the economy caused by the Covid-19 crisis.