With the world already reeling from the economic impact of the coronavirus pandemic, a reignition in U.S.-China trade tensions would be the "the last thing" anyone needs, according to JPMorgan Asset Management's Alexander Treves.
Britain's biggest telecoms group BT has suspended its dividend until 2021/22, one of the biggest on the London stock exchange, and pulled its financial outlook in response to the Covid-19 pandemic.
Researchers from the Federal Reserve Bank of New York found that German regions with higher mortality rates from the virus had a higher vote share for the Nazi Party in the elections of 1932 and 1933.
The majority of citizens feel dissatisfied with their leaders' response to the coronavirus outbreak, according to a new report, as countries across the globe have been left grappling with the fallout of the crisis.
The rule is only expected to address Huawei, the people familiar with the matter said, not other listed entities like Chinese video surveillance firm Hikvision.
On Tuesday, the financial hub announced plans to relax social distancing measures, including the reopening of venues such as cinemas, bars, beauty parlors, and schools with effect from May 8.
The president of Chinese ride-hailing firm DiDi, Jean Liu, told CNBC that ride volume has reached 60% to 70% of pre-coronavirus levels and said for the first time that the company's core business was profitable.
Morgan Stanley Investment Management's Andrew Harmstone advises investors to keep their portoflio risk level low and maintain a defensive position while looking for opportunities to add value in an environment of "extremely high" volatility.
"It's going to take a lot longer than people are saying. This is serious, we've never experienced anything like this in our lifetime," Newsom said regarding California's recovery from Covid-19.
Peloton's revenue surged 66% during the fiscal third quarter, as more people purchased its fitness equipment and tuned into its live classes, to try to break a sweat while stuck at home during the coronavirus pandemic.