COVID-19: Live Updates for Friday, May 8

08.05.2020, 14:36

Rolling updates on the latest developments and headlines from around the world on the Covid-19 pandemic.

Breaking-U.S. Oil Rig Count Falls to 292; New Low Since Financial Crisis

08.05.2020, 12:34

The number of actively-operating oil rigs in the United States has fallen beneath lows not seen since the financial crisis as drillers cut back on activity after a plunge in demand for crude forced by the coronavirus pandemic.

U.S., China trade officials press ahead with 'Phase 1' deal as Trump mulls termination

08.05.2020, 11:31

WASHINGTON/BEIJING - Top U.S. and Chinese trade representatives played down deep differences over the economic wreckage of the coronavirus pandemic and said they would press ahead with implementing their "Phase 1" trade deal after an overnight phone call.

Stocks - Nasdaq Rides Tech Higher to Turn Positive for the Year

07.05.2020, 18:05

The Nasdaq turned positive for the year after a sharp rally on Thursday, led by an ongoing climb in FAANG and a surge in PayPal on upbeat guidance, while slowing weekly unemployment claims also lifted sentiment.

Denmark stocks higher at close of trade; OMX Copenhagen 20 up 1.00%

07.05.2020, 18:00

Denmark stocks were higher after the close on Thursday, as gains in the Personal & Household Goods, Oil & Gas and Software & Computer Services sectors led shares higher.