European markets are set for a higher open Tuesday as investors look for an exit strategy to the region’s coronavirus lockdowns. London’s FTSE is seen opening 74 points higher at 5,913, Germany’s DAX is expected to open 167 points higher at 10,729 and France’s CAC 40 is seen 75 points higher at 4,550, while Italy’s
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Phil Murphy, governor of New Jersey, speaks while Ras Baraka, mayor of Newark, left, listens during a budget press conference in Newark, New Jersey, U.S., on Wednesday, June 27, 2018. Bloomberg | Bloomberg | Getty Images The pace of new coronavirus infections in New Jersey is slowing even as the number of cases rises, indicating
Cyril Ramaphosa Foto24 / Contributor | Gallo Images | Getty Images South African President Cyril Ramaphosa has vowed to take action after a wave of gender-based violence, robbery and vandalism across the country. Since a nationwide lockdown was announced on March 27 in a bid to curtail the spread of the coronavirus pandemic, 148 people
India was already under pressure from a variety of financial and credit stresses going into the coronavirus shock; now the difficulties to implement lock-down measures will slow down the containment of the virus, which is the necessity for a market and currency recovery, says Ray Farris from Credit Suisse. 03:12 12 minutes ago
Neel Kashkari, president of the Minneapolis Federal Reserve, in an interview on February 17, 2016. David Orrell | CNBC Minneapolis Federal Reserve President Neel Kashkari said Sunday he expects the path to economic recovery from the coronavirus pandemic will be a “long, hard road,” pouring cold water on hopes for a “V-shaped” rebound. Kashkari, who