Mikhail Gorbachev, Soviet leader who helped end the Cold War, has died
Mikhail Gorbachev, the final leader of the Soviet Union and a reformer who helped end the Cold War and lead his country from communism to capitalism, died Tuesday at 91, according to the Gorbachev Foundation. “Mikhail Sergeevich Gorbachev died this evening after a serious and long illness,” the Central Clinical Hospital reported, according to the Interfax […]
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PM Johnson says medics saved his life as UK deaths pass 10,000 mark
By Administrator_India Capital Sands British Prime Minister Boris Johnson left the hospital on Sunday and thanked the staff for saving his life from COVID-19, but his government was forced to defend its response to the coronavirus outbreak as the national death toll passed 10,000. The somber milestone came after Britain reported two days in a […]
WhatsApp limits message forwarding to slow spread of coronavirus misinformation
By Ritu, Capital Sands Facebook Inc’s WhatsApp tightened message forwarding limits on Tuesday, restricting users to sharing forwarded content one chat at a time after a jump in messages touting bogus medical advice since the start of the coronavirus crisis. The pandemic, which has killed more than 70,000 people worldwide, has been accompanied by what […]
India says no plan to extend coronavirus lockdown as poor struggle
By Administrator_India Capital Sands India has no plans to extend a 21-day lockdown to slow the spread of the coronavirus, the government said on Monday, as it struggled to keep essential supplies flowing and prevent tens of thousands of out-of-work people fleeing to the countryside. Prime Minister Narendra Modi ordered the country’s 1.3 billion people […]
Stocks – Wall Street Surges at the Close as Financials, Tech Jump
By Administrator_India Capital Sands Stocks made a bullish start to the week Monday, shrugging off an uptick in coronavirus deaths in the U.S. amid a surge in tech and financials. The S&P 500 rose 4.6%, the Nasdaq Composite surged 4.5% and Dow Jones Industrial Average rose 1,294 points, or 5.1%. The Dow notched its biggest daily point gain ever, as did […]
India’s Petronet explores buying LNG under 10-year contract
By Ritu, Capital Sands India’s Petronet LNG , the country’s largest importer of liquefied natural gas , is looking to buy the super-chilled fuel through a long term contract starting from 2024, according to a document reviewed by Reuters. It has issued a Request for Information indicating an interest to buy about 1 million tonnes […]
Europe Higher, Boosted by Deutsche Telekom, Covestro
By Ritu, Capital Sands European stock markets pushed higher Wednesday, helped by strong earnings from index heavyweight Deutsche Telekom , while market participants looking to central banks to mitigate the damage caused by the outbreak of the coronavirus in China. The U.K.’s FTSE index traded 0.8% higher, France’s CAC 40 was up 0.5%, while the DAX was 0.4% higher. The […]
Dollar shines against Euro, riskier peers as virus hit widens
By Administrator_India Capital Sands The dollar stood tall over the languishing euro and heavily sold exporter currencies on Wednesday, as investors reckoned with a deepening economic fallout from the coronavirus. The new coronavirus has caused 2,004 deaths in China and infected more than 74,000 people, while measures to contain it have paralyzed the economy and […]
India stocks lower at close of trade; Nifty 50 down 0.44%
By Ritu, Capital Sands India stocks were lower after the close on Tuesday, as losses in the Metals, Auto and Real Estate sectors led shares lower. At the close in NSE, the Nifty 50 lost 0.44%, while the BSE Sensex 30 index lost 0.39%. The best performers of the session on the Nifty 50 were Coal India Ltd , which rose 2.92% or 4.90 points […]