"It's a sentiment driver for the market at the moment," said Roger Jones, head of equities at London and Capital."The market has become very fiscally orientated, yet the numbers provided can only provide a short-term boost."
UK oil majors Royal Dutch Shell and BP gained over 2 per cent with crude prices climbing above US$43 a barrel on signs of supply shortages. The gains came even as Covid-19 cases surged across Europe, with more than 17,540 new daily cases recorded in the United Kingdom, while hospitals in the Paris region moved into emergency mode.
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:
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Europe stocks up on Gilead's remdesivir as Covid-19 infections spikeBRUSSELS (REUTERS) - Gilead Sciences said on Thursday (Oct 8) that it had agreed to sell Europe up to 500,0000 courses of its antiviral drug remdesivir, as the continent shores up supplies of one of only two drugs approved to treat Covid-19 patients ahead of the winter.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
US airline stocks plunge on Trump move to end stimulus talksWASHINGTON (REUTERS) - Shares of major airlines fell on Tuesday (Oct 6) after US President Donald Trump said his administration would abandon talks with congressional Democrats over proposals to spend at least US$1.6 trillion in additional coronavirus relief funds.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Asian stocks set to dip after US halts stimulus talksAsian stocks were set to open lower on Wednesday, weighed by a weaker Wall Street finish after U.S. President Donald Trump dashed hopes for a ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US economic recovery gets harder as Trump end stimulus talks; stocks tumbleWASHINGTON (BLOOMBERG) - The collapse of pre-election US stimulus talks threatens to inflict another wave of economic pain on Americans and curtail a recovery that's already slowed.. Read more at straitstimes.com. Why don’t you report that Pelosi has a ridiculous proposal that’s not aimed at relieving Covid effects?
Source: The Straits Times - 🏆 8. / 63 Read more »
Europe: Shares edge higher as robust earnings offset US stimulus doubts[BENGALURU] European stocks edged higher on Wednesday as upbeat earnings reports from UK's Tesco and Germany's Dialog Semiconductor helped offset uncertainties surrounding a fresh US stimulus package. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
US stocks rise again amid conflicting signs on stimulusNEW YORK (AFP) - Wall Street stocks rose for a second straight session on Thursday (Oct 8) amid conflicting signs on the prospects for more US stimulus, as data showed joblessness staying stubbornly high.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »