Employers should pay the wages of anyone told to stay at home by England's COVID-19 test and trace system, British health minister Matt Hancock said on Thursday. The service is aimed at allowing the loosening of lockdown
At the beginning of April, a young Japanese sumo wrestler known as Shobushi came down with a fever. His coaches tried calling a local public health centre to get him a coronavirus test, but the phone lines were busy. For
The European Commission proposed on Wednesday spending 8 billion euros ($8.81 billion) of its next budget on a new European Union defence fund, keeping alive a Franco-German plan to deepen military cooperation despite the eco
South Africa's mining industry has so far recorded 320 cases of the new coronavirus, the Minerals Council said on Wednesday as underground mines prepare to ramp up output when Africa's most industrialised economy eases loc
Most Brazilians support stricter social distancing measures to control the coronavirus, according to a poll published on Wednesday, even as the full economic toll began to emerge with data showing the loss of over a million j
Switzerland will decide on Wednesday on further relaxations of restrictions brought in to stem the spread of the new coronavirus, including how to reopen nightclubs and football stadiums, the Neue Zuercher Zeitung paper reported
Leaving the European Union this year would be a lot to handle for the U.K. when the economy is already reeling from the coronavirus outbreak, according to a former Bank of England rate setter.
Sweden won‘t support the 500 billion-euro ($548 billion) European Union recovery plan as it was proposed by France and Germany last week while also signaling a willingness to discuss a way forward with the bloc’s other members.
Germany's government and its state premiers have agreed to extend social distancing rules until June 29 to contain the coronavirus pandemic, a government spokesman said. Tuesday's deal, confirmed by the spokesman after b
Australian Prime Minister Scott Morrison will on Tuesday outline his government's plans to revive the sputtering economy, but is expected to warn a recovery will take between three to five years. Australia has reported j
Australian Prime Minister Scott Morrison on Tuesday called for an ideological truce between employers and workers to revive the country's A$2 trillion ($1.3 trillion) economy, which has been badly damaged by the coronavirus pan
The number of Portuguese young people requesting jobless benefits spiked 52% last month from a year earlier, way above the increase for other age groups, amid the coronavirus lockdown, data showed on Monday Overall, near
Australia's most populous state on Monday deployed hundreds of crowd control staff to enforce social distancing on public transport amid an expected commuter surge as schools and offices reopened and coronavirus cases fell.
The S&P 500 shrugged off risk aversion to end last week higher, but upside momentum seems to be fading. US markets are offline today, raising the risk of volatility.
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Image copyrightReuters Car rental company Hertz has filed for bankruptcy protection in the US after
The coronavirus pandemic ripped through the economy with frightening speed, spurring job losses in every U.S. state in April. The largest deterioration in the labor market occurred in Michigan, Vermont and New York.
Indias central bank cut interest rates in an unscheduled announcement on Friday and kept the door open for further easing to help an economy it expects will contract for the first time in more than four decades.
On a recent Saturday in Tokyo's Shinjuku district more than 100 people, many of them elderly men, stood close together in a long queue waiting for food hand-outs. One of them, Tomoaki Kobayashi, said he was fearing the da
Last week ended with fear in the British Pound but this week has been noticeably more upbeat, even with the talk of possible negative interest rates.
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