COVID-19: How the global pandemic unfolded
Here are some key developments as the novel coronavirus continues to spread around the world.
29
Jun
27
Jun
European Central Bank’s pushes back on court challenge
ECB’s government bond purchases are necessary, and the benefits far outweigh the side effect
25
Jun
European Unions’ post-pandemic “green” recovery
IEA have called for the EU to accelerate and advance low-carbon building renovations to encourage consumers replace inefficient products as part of a post-pandemic “green” recovery.
23
Jun
Oil draws back after reaching highest since March
Oil predictions slide as the market braced for reports expected to show swelling U.S. crude inventories.
21
Jun
COVID-19 knocks over a third of European FDI
Over a third of European FDI projects recently announced have been either delayed or cancelled due to the coronavirus pandemic
19
Jun
Planemaker extends furloughs in the UK
Airbus SE said that it will extending their furlough programs for 5,300 of its employees in the UK & Spain.
17
Jun
European shares lower as second wave concerns increase
European shares closed lower as the spike in COVID-19 cases increase.
15
Jun
EU Countries are pushing for clean Hydrogen Support
European Union countries have called for EU legislation to increase funding in support of hydrogen.
09
Jun
Europe’s Big Market turns Red
Stocks stalled and high-flying currencies such as the euro and Australian dollar lost altitude, as a weeks-long risk rally hit turbulence.
03
Jun
Anxiety driving 7/10 furloughed employees to look at work emails
Nationwide study shows furloughed workers may be doing the wrong thing to quash anxieties.
01
Jun
China’s recovery fails to lift factory demand
Asia’s factory decline deepened as the slump in global trade caused by the coronavirus pandemic worsened.
28
May
Wall Street climbs on healthcare and new technology push
Wall Street’s major indexes rise as investors bet on a swift recovery from a pandemic-driven economic slump.
27
May
Increased focus on EU recovery funds; Euro Zone bond yields edge down
Euro zone government bond yields edged down as investors waited for proposals about the EU recovery fund.
26
May
The latest on the worldwide spread of the coronavirus
As many countries lift restrictions and re-open their economies, the WHO are warning countries of an “immediate second peak”.
25
May
Countries say gas deserves help as EU readies ‘green recovery’ fund
Countries in Europe have urged the EU to include natural gas in future funding.
15
May
Economy Tanks & Tourism plummets in Portugal
Portugal’s tourism-dependent economy reversed its growth path to decline a steep 3.9%.
14
May
France to go ahead with digital tax regardless of possible international deal
France will continue with its tax on big digital businesses whether there is progress or not towards an international deal on the issue.
13
May
Deutsche Bank targets €200 bln of sustainable investment by 2025
Deutsche Bank plans to pump at least €200 billion into sustainable financing & investments by 2025.
12
May
Wall Street disconnected from reality on the ground
With the U.S. economy facing its potentially deepest economic decline in nearly a century, Wall Street is pulling further ahead from Main Street.
11
May
Bitcoin goes through third ‘halving’
Bitcoin slid in volatile trading after it went through a technical adjustment.
