Israel’s president on Wednesday chose Yair Lapid, a centrist politician and Prime Minister Benjamin Netanyahu’s strongest rival, to try to form a new government, but his path to success was still uncertain.Israel’s longest serving leader, Netanyahu, 71, has been fighting to hold onto office through four inconclusive elections since 2019 and corruption allegations that he…
BRASILIA (Reuters) – Brazil’s former health minister told a parliamentary inquiry on Tuesday that President Jair Bolsonaro’s right-wing government knew full well that the treatment they were advocating for COVID-19 patients had no scientific basis.Luiz Henrique Mandetta, who was fired last April by Bolsonaro for not agreeing to push the malaria drug chloroquine as a…
WorldPosted As India’s healthcare system teeters on the verge of collapse during a brutal second wave of the novel coronavirus, Rohan Aggarwal, is the doctor who must decide who will live and who will die when patients come to him gasping for breath. Emily Wither reports.
(Reuters) – The Nasdaq ended sharply lower on Tuesday as investors dumped megacap growth stocks to seek shelter in more defensive parts of the market, amid concerns on rising interest rate and uncertainty over an upcoming jobs report.Highly valued technology-related companies including Microsoft Corp, Alphabet Inc, Apple Inc, Amazon.com Inc and Facebook Inc sold off…
A sign of Ant Group is seen during the World Internet Conference in Wuzhen, Zhejiang province, China, Nov. 23, 2020. REUTERS/Aly Song/File PhotoU.S. asset manager Fidelity Investments has halved the valuation of its shares in Ant Group, the Chinese financial technology company at the centre of a major regulatory crackdown, the Wall Street Journal reported…
ISTANBUL (Reuters) – “Turkey Unlimited. Now available without Turks,” reads a mock tourism advert on social media, poking fun at the sight of foreign tourists roaming quiet streets while most Turks are confined to home by a coronavirus lockdown.FILE PHOTO: A tourist poses for a souvenir photo outside the historic Suleymaniye Mosque in Istanbul, Turkey,…
Wall Street’s main indexes opened higher on Wednesday after megacap stocks bounced back from a steep selloff in the previous session, while a survey showed a solid rise in private jobs in April.The Dow Jones Industrial Average (.DJI) rose 30.96 points, or 0.09%, at the open to 34,163.99.The S&P 500 (.SPX) opened higher by 12.40…
WASHINGTON (Reuters) – U.S. services industry activity grew at a slightly slower pace in April, likely restrained by shortages of inputs amid a burst of demand that is being driven by massive fiscal stimulus and a rapidly improving public health environment.FILE PHOTO: A woman wearing a protective mask walks past empty tables outside a restaurant,…
WASHINGTON (Reuters) – The U.S. economy may be growing more quickly and unemployment falling faster than the core of Federal Reserve policymakers projected in March, Fed Governor Michelle Bowman said on Wednesday, a development that could fuel debate about the outlook for monetary policy.FILE PHOTO: U.S. Federal Reserve Governor Michelle Bowman poses at a conference…
Israeli Prime Minister Benjamin Netanyahu’s two main political rivals each asked the president on Wednesday for the chance to try to form a government, after Netanyahu failed to meet an overnight deadline to assemble a coalition.Israel’s longest serving leader, Netanyahu, 71, has been fighting to hold onto office through four inconclusive elections since 2019.The most…