The French Prime Minister Jean Castex has warned that a second COVID-19 wave could be harder to contain, calling for collective efforts to reduce the rate of infections and face the pandemic, The PM expressed concerns that the general public is becoming careless. France reported 1,397 new COVID-19 confirmed cases …

The President of the Federal Reserve Bank of San Francisco, Mary Daly, has warned that the COVID-19 pandemic could widen gender and racial inequalities, Reuters reported. “We need to make sure that we reach back and ensure that everyone makes it through the pandemic, not just those who are fortunate …

Gold prices declined on Tuesday amid a strong correction wave, seeing its largest fall in more than seven years, since mid-April 2013. The losses of the yellow metal as stock markets around the globe flourished, supported by positive news about a vaccine for the coronavirus disease (COVID-19). Gold futures for …

The number of people in employment in the United Kingdom (UK) registered 32.92 million during the second quarter (Q2) of 2020, according to estimates by the British Office for National Statistics. This marked an increase of 113,000 people on an annual basis, but a decline of 220,000 on a quarterly …

The Producer Price Index (PPI) in the United States recorded its highest monthly increase since October 2018, rising by 0.6% in July, data showed on Tuesday. The reading comes as double the expectations of a recent Reuters poll, and after the index declined by 0.2% in June. On an annual …

European stocks settled higher on Tuesday with most of the market sectors showing a strong positive performance. The pan-European Stoxx 600 index and FTSE100 both closed higher by 1.7% each. Meanwhile, CAC40 and DAX gained 2.4% and 2.04%, respectively. It is worth noting that markets are anticipating the approval for …

The Swiss government’s economic support program has helped Switzerland avoid a wave of companies going bankrupt or out of businesses due to the implications of the coronavirus COVID-19 pandemic, according to a recent report by the KOF Swiss Economic Institute. The number of companies that went out of business actually …

Unemployment in Switzerland declined in July compared with its level in June, but remained higher by about 53% compared with its level in July 2019. The unemployment rate registered 3.2% last month, according to data by the Swiss State Secretariat for Economic Affairs (SECO). The Swiss Franc (CHF) is declining …

European stocks closed higher on Monday, despite concerns about the COVID-19 pandemic and tensions between the U.S. and China. The STOXX Europe 600 index closed higher by around 0.2%, shedding some of its gains earlier in the session. In London, the FTSE100 index added 0.31%, while the French CAC40 closed …

Job openings in the United States rose in June more than expected, as shown by data released on Monday. The new job openings increased to 5.89 million in June, from a revised 5.37 million in May, as per daya by the U.S. Department of Labor’s Job Openings and Labor Turnover …