Jun 30, 2020 | Finance
MIAMI (AP) — For two months, the Malta-flagged oil tanker Alkimos has been quietly floating off the Gulf Coast of Texas, undisturbed by the high-stakes legal fight playing out in a federal courtroom as a result of American sanctions on Venezuela. The commercial...
Jun 30, 2020 | Finance
WASHINGTON (AP) — U.S. home prices gains accelerated in April even as sales have stumbled, a sign the coronavirus outbreak has had little impact on real estate values. The S&P CoreLogic Case-Shiller 20-city home price index climbed 4% in April compared with a year...
Jun 30, 2020 | Finance
WASHINGTON (AP) — U.S. consumer confidence rose in June, reflecting the partial re-opening of the country but the concern is that rising coronavirus cases in many states could jeopardize future gains. The Conference Board, a New York-based research organization, said...
Jun 30, 2020 | Finance
STOCKHOLM (AP) — Scandinavian Airlines said Tuesday it is getting an aid package worth 14.25 billion kronor ($1.5 billion) after an agreement with its main shareholders, securing the carrier’s survival amid the COVID-19 crisis. The governments of Sweden and Denmark,...
Jun 30, 2020 | Finance
NEW DELHI (AP) — India on Tuesday reported more than 18,000 new coronavirus cases and 400 deaths after an Indian company said it would start clinical trials of a potential vaccine. Bharat Biotech said it had received government permission to go ahead with the first...
Jun 30, 2020 | Finance
Wall Street capped its best quarter since 1998 Tuesday with more gains, a fitting end to a stunning three months for investors as the market screamed back toward its record heights after a torrid plunge. The S&P 500 climbed 1.5%, bringing its gain for the quarter...