By Administrator_ India Capital Sands United States President Donald Trump on October 6 stopped talks with the Democrats on another coronavirus-related stimulus package, accusing House Speaker Nancy Pelosi of not holding negotiations in good faith. In a series of tweets, Trump said he had instructed his representatives to stop negotiating “until after the election when, immediately after …
Covid19
Global coronavirus cases top 9 million as outbreak surges in Brazil, India
By Administrator_India Capital Sands Global cases of the novel coronavirus surpassed 9 million on Monday, as Brazil and India grappled with a surge in infections, and the United States, China and other hard-hit countries reported new outbreaks. The first case was reported in China in early January and it took until mid-May to reach 4.5 …
Oil climbs as suppliers stick to output cuts, coronavirus lockdowns ease
By Administrator_India Capital Sands Oil prices rose on Tuesday on clear signs that producers are sticking to commitments to cut crude supply as more cars get back on the road with coronavirus lockdowns easing around the world. U.S. WTI crude futures gained 2.3%, or 75 cents, to $34.00 as of 0057 GMT. There was no …
India domestic flights to resume, but coronavirus cases rise
By Administrator_India Capital Sands Domestic flights will resume across India on Monday after a day of “hard negotiations”, the civil aviation minister said on Sunday, after some states sought to limit the number of flights. Flights will restart under an easing of restrictions imposed over the coronavirus, though the number of new cases rose by …
India’s capital reopens public transport as nearby Chinese-owned factory is hit by outbreak
By Administrator_India Capital Sands India’s capital New Delhi and some other state governments ordered the re-opening of public transport on Monday in a further easing of a nearly two-month coronavirus shutdown. Under the new rules, buses, taxis and three-wheelers will return to the streets but with restrictions. Buses will not carry more than 20 passengers, …
Near-term U.S. economic outlook darkens, slow recovery to follow
By Administrator_India Capital Sands An already-dismal near-term U.S. economic outlook has darkened further in the latest Reuters poll of economists, and while a recovery is still forecast for the second half, the economy won’t come close to regaining the ground it lost this year. Laying bare both the human and economic tragedy brought by the …
Trump to refocus coronavirus task force on economic revival, concedes risks
By Administrator_India Capital Sands President Donald Trump said on Wednesday his coronavirus task force would shift its primary focus to reviving U.S. business and social life, while acknowledging that reopening the economy could put more lives at risk. In a series of tweets, Trump said the White House task force he formed in March would …
Glenmark to conduct trials in India for potential COVID-19 drug
By Ritu, Capital Sands Glenmark Pharmaceuticals Ltd said on Thursday it will start clinical trials in India of antiviral drug favipiravir, seen as a potential treatment for COVID-19, sending its shares up as much as 9%. The trials come after a Chinese official told reporters last month that an active ingredient of the drug had …
U.S. coronavirus death toll tops 30,000, New Yorkers told to wear masks
By Administrator_India Capital Sands The U.S. coronavirus death toll – the highest in the world – surged past 30,000 on Wednesday after doubling in a week, while the hardest-hit state of New York ordered residents to wear masks in certain settings to combat the pandemic. The sobering milestone was reached at a time when states …
Trump cuts WHO funding over coronavirus, global death toll mounts
By Administrator_India, Capital Sands U.S. President Donald Trump on Tuesday halted funding to the World Health Organization over its handling of the coronavirus pandemic, drawing condemnation from infectious disease experts as the global death toll continued to mount. Trump, who has reacted angrily to criticism of his administration’s response to the worst epidemic in a …