People from some ethnic minorities in Britain are dying in disproportionate numbers from COVID-19, possibly in part because they are more likely to work in healthcare and other sectors most exposed to the virus, a leading think tank said on Friday.
In a new report, researchers from the University of Minnesota stressed that Covid-19 was more contagious than the flu and was likely to continue circulating after a first wave this spring.
Market players want to know how much the European Union will provide in additional coronavirus stimulus, but the institution in charge of developing it says it's still under negotiation.
The Swedish krona and Australian dollar look set to lead foreign exchange markets through the recovery phase following the coronavirus crisis, according to ING analysts.
The president of the European Commission backed calls for an investigation into the origin of the new coronavirus and said China should be involved in the process.
British state-backed lender Royal Bank of Scotland said its profits halved in the first quarter, as it set aside £802 million ($1.01 billion) against a likely spike in bad loans due to the coronavirus pandemic.
Smartphone makers shipped 275.8 million devices in that time frame, an 11.7% drop from a year earlier and the largest annual decline ever, according to research firm International Data Corporation.
America's richest saw their wealth increase by nearly 14% over the last six weeks, at the same time as around 30 million people in the U.S. filed for unemployment benefits due to the coronavirus pandemic.