FILE PHOTO: Parked cars are seen at the Vauxhall plant as the outbreak of the coronavirus disease (COVID-19) continues, in Ellesmere Port, Britain March 16, 2020. REUTERS/Phil Noble
Explainer: Coronavirus fears hit the market hard. How much did ordinary Americans lose?
By David Randall NEW YORK (Reuters) – The deep declines in the U.S. stock market over coronavirus fears the last three weeks have left a dent in retirement portfolios and brokerage accounts, costing on average each person in the United States around $16,000 as of Monday’s close before a rebound Tuesday erased some of those […]
First look at Covid jabs that could be out by 2021 rolling off production line
This is our first look at Covid vaccines rolling off the production line in the hope of ending the pandemic that has shaken the world in 2020. US drug giant Pfizer has revealed it has already manufactured "several hundred thousand doses" which are undergoing clinical trials. The company works with German biotechnology firm BioNTech and […]
Rio Tinto to pay ex-CEO’s deferred bonus with interest
MELBOURNE (Reuters) – Rio Tinto Ltd will pay out part of a delayed bonus to former Chief Executive Sam Walsh after a dispute resolution process found that the payments should not be held up, both parties said on Thursday. Rio Tinto’s board and Walsh agreed to defer incentive payments from Walsh’s time as chief executive […]