People on a shopping street in Gelsenkirchen, Germany, on Wednesday. Associated Press
Global stock markets jumped on Wednesday after the release of more upbeat data about the COVID-19 vaccine being developed by Pfizer and BioNTech. Traders have this month been encouraged by announcements of progress toward possible vaccines and on Wednesday
The bonfire of good ideas lit by Boris Johnson’s government just keeps on getting fuelled. The latest to be thrown on the flames: a leaked Department of Health paper suggesting everyone testing positive for coronavirus in England be paid £500 to help
European Central Bank President Christine Lagarde pushed back against pessimism on Wednesday, predicting an economic rebound as COVID-19 uncertainty subsides and saying that Europe has all the tools needed to overcome the crisis.
Asian shares vaulted to record highs on Friday and Japan’s Nikkei hit a three-decade peak as investors looked beyond rising coronavirus cases and political unrest in the United States to focus on hopes for an economic recovery later in the year.
Brent crude futures for June delivery had risen by 66 cents, or 1%, to $67.71 a barrel as at 06:42 GMT while US West Texas Intermediate (WTI) crude futures for May delivery were up 70 cents, or 1.1%, at $64.08 barrel.
Spot gold was down 0.1% at $1,768.01 per ounce by 07:11 GMT while US gold futures eased 0.1% to $1,769 per ounce.
The COVID-19 pandemic has had a positive impact on work practices in the United Arab Emirates overall, and a large percentage of professionals across various sectors hope to continue working remotely.
Pakistan and the UAE enjoy strong fraternal ties, rooted deep in common faith and shared history and values. High-level visits between the two countries have played a pivotal role in providing further impetus to strengthening bilateral