Wednesday, 08 Apr 2020 10:36 AM MYT
The internationally focused FTSE 100 settled 2.2 per cent higher, pulling back from an early rise of 3.5 per cent as a surging pound weighed on exporters. “What we're seeing right now is a bit of a relief rally on the basis that the second derivative of the newsflow isn't any worse,” said Russell Quelch, a financials analyst at Redburn.
Meanwhile, Britain also saw its biggest daily increase in deaths. Prime Minister Boris Johnson was in stable condition in intensive care after receiving oxygen support to help him battle Covid-19, the potentially lethal respiratory illness caused by the novel coronavirus.
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Wall Street opens higher on global recovery signs | Malay MailNEW YORK, April 6 —Wall Street opened higher today as traders took heart from news of falling coronavirus death rates in hard-hit countries even as US cases were poised to spike. The IMF noted early signs of a recovery in the world’s second-largest economy China, including rising pollution...
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UK car sales dive 44 per cent in virus downturn | Malay MailLONDON, April 6 — New car sales in Britain dived 44 per cent last month as the country’s lockdown triggered by the coronavirus outbreak shut show rooms, industry data showed today. It comes as UK-based research group, the Centre for Economics and Business Research (CEBR), estimated that...
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Women and low-paid among worst hit by UK coronavirus job cuts | Malay MailLONDON, April 6 —Low-paid workers, young people and women are most likely to have lost work in Britain due to the economic turmoil caused by the coronavirus lockdown, researchers said on Monday. Before the pandemic, about one in seven British employees worked in sectors that have largely or...
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UK PM Johnson says from hospital: I’m in good spirits doing routine tests | Malay MailLONDON, April 6 — British Prime Minister Boris Johnson said today he undergoing routine tests for coronavirus symptoms but was in good spirits and in touch with his team. “On the advice of my doctor, I went into hospital for some routine tests as I’m still experiencing coronavirus...
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UK PM Johnson moved to intensive care as Covid-19 symptoms worsen | Malay MailLONDON, April 7 ― British Prime Minister Boris Johnson was moved to an intensive care unit yesterday after his coronavirus symptoms worsened though his Downing Street office said he was still conscious. Britain has no formal succession plan should the prime minister become incapacitated, but... Wish him well. BorisJohnsonPM1 Wishing U a speedy recovery sir. Stay strong...U will get over this and be up and about matter of time. GOD is with U sir. (From all of us ... the PEOPLE of Malaysia)
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Trump says Americans are praying for UK prime minister Johnson | Malay MailWASHINGTON, April 7 ― President Donald Trump said yesterday that he was saddened to hear that British Prime Minister Boris Johnson had been moved to an intensive care unit after his coronavirus symptoms worsened and that Americans were praying for his recovery. “I also want to send best wishes...
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