European stocks slip as hopes of post-pandemic rebound fade | Malay Mail

The pan-European STOXX 600 index slipped 0.6 per cent, falling back from a near one-month high. — Reuters pic

German drugs and pesticides maker Bayer slumped 5 per cent after a US judge questioned a long-negotiated settlement of lawsuits relating to its weedkiller Roundup. Several US states posted record daily coronavirus case counts, prompting many to reverse reopening plans as the US death toll topped 130,000.

“Even if the authorities continue to shun draconian restrictions, people may choose to avoid many types of economic activity.”

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