Covid-19
May 11, 2020
108 views 2 mins 0

Italy March industry output plunges 28% month-on-month on coronavirus lockdown

By Ritu, Capital Sands Italian industrial output plummeted 28.4% in March from the previous month, more than expected and the steepest drop on record, as a lockdown imposed to contain the coronavirus pandemic shuttered most businesses. The fall in output was larger than any of the 18 forecasts in a Reuters survey of analysts which […]

Abe and Donald Trump, Covid-19
May 08, 2020
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Abe, Trump agree to cooperate on steps to fight coronavirus

By Administrator_India Capital Sands   Japanese Prime Minister Shinzo Abe and U.S. President Donald Trump on Friday agreed to cooperate closely on measures to prevent the spread of coronavirus, including the development of drugs and vaccines, Japan’s top government spokesman said. Abe and Trump held talks by phone for about 45 minutes from around 10:00 […]

Covid-19, U.K.
April 30, 2020
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Britain has Europe’s second highest COVID-19 death toll, new figures show

By Administrator_India Capital Sands Britain now has Europe’s second-highest official COVID-19 death toll with more than 26,000, according to figures published on Wednesday that raised questions about Prime Minister Boris Johnson’s response to the outbreak. Some 26,097 people died across the United Kingdom after testing positive for COVID-19 as of April 28, Public Health England […]

Axis Bank, Covid-19
April 29, 2020
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Axis Bank posts $183 million loss as provisions nearly triple on COVID-19

By Administrator_India Capital Sands   Axis Bank Ltd, India’s third-biggest private-sector lender, on Tuesday posted a surprise fourth-quarter loss of 13.88 billion rupees ($182.96 million), as it set aside more funds to cover a potential rise in bad loans in a coronavirus-hit economy. The pandemic has dealt a heavy blow to the economy, worsening problems […]

Covid-19, U.K.
April 27, 2020
91 views 2 mins 0

Back from COVID-19, Johnson urged to reveal UK lockdown exit strategy

By Administrator-India Capital Sands Prime Minister Boris Johnson returned to his Downing Street residence on Sunday after recovering from COVID-19, ready to take the helm again with pressure growing for the government to explain how it will ease a month-old coronavirus lockdown. Johnson, 55, spent three nights in intensive care with the illness. A spokeswoman […]

Commodity price, Covid-19
April 16, 2020
97 views 39 secs 0

Gold Prices Up as COVID-19 Economic Costs Rise

By Administrator_India Capital Sands   Gold prices were up in Asia on Thursday as investors continue to calculate the economic damage from the COVID-19 pandemic. Gold futures were up by 0.33% at $1,745.70 as the yellow metal attempted to claw back its losses from the previous session. Companies reported dismal numbers during what is turning out to be a difficult earnings season, and the U.S. Commerce Department said retail sales in […]