Europe: Stocks start the week strong on virus treatment hopes

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

[BENGALURU] European stocks marked their best day in nearly two weeks on Monday as signs of progress in developing a Covid-19 treatment offset fears about a resurgence in virus cases stalling an economic recovery. Read more at The Business Times.

Oil and gas was the best performing European sector, adding some 3.4 per cent as crude prices gained on weather-related disruptions to supply.British telecoms company BT Group jumped around 7 per cent after a media report that its board was preparing to defend it against takeover approaches from rivals and buyout firms.

Similarly, Germany, France and Spain have seen a surge in virus cases, with their leaders looking at tightening travel restrictions.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stressed about US stocks, investors are betting big on EuropeLONDON (BLOOMBERG) - For money managers nervous about US equities at all-time highs during an economic crisis and election year, Europe could be the antidote.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Seoul: Stocks rise 1% on virus treatment hopes, drop in new cases[SEOUL] South Korean shares rose just over 1 per cent on Monday, in line with Asian peers, as the US drug regulator's authorisation of the use of blood plasma from recovered patients as a Covid-19 treatment lifted sentiment, while new domestic cases slowed. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »