Wall Street closed lower on Tuesday and the negative sentiment continued through the Asian session on Wednesday
London — European shares edged up slightly on Wednesday after mixed earnings reports, but a resurgence of Covid-19 cases kept investors cautious while they waited to hear from the US Federal Reserve.
“Global stock markets appear to be starting to get a little wobbly as the latest earnings numbers start to paint a picture of a global economy that could start to face a challenging time in the weeks and months ahead,” wrote Michael Hewson, chief market analyst at CMC Markets UK. Hong Kong leader Carrie Lam warned that the city was on the brink of a large-scale outbreak and tightened lockdown measures.
London's Heathrow called on the government to urgently introduce a passenger testing regime, warning that the country risked losing a game of global “quarantine roulette”.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
COVID-19: North Korea declares emergency in border town over first suspected Covid-19 caseSEOUL, July 26 (Reuters) - North Korean leader Kim Jong Un declared an emergency and a lockdown in a border town after a person suspected of being infected with the novel coronavirus returned from South Korea after illegally crossing the border, state media said on Sunday.
Read more »
Global investors cautious as Covid-19 cases growWall Street closed lower on Tuesday and the negative sentiment continued through the Asian session on Wednesday
Read more »
McDonald's global sales suffer as Covid-19 lockdowns limit operationsMcDonald’s on Tuesday reported a bigger-than-expected drop in global same-store sales as the burger chain’s restaurants across the world were shut because of the Covid-19 pandemic, limiting operations to only drive-thru and delivery.
Read more »
WHO: COVID-19 by far worst global health emergencyWHO's Tedros Adhanom Ghebreyesus said the only way to beat the virus is for people to adhere to health regulations.
Read more »
Kenya extends curfew for a month as COVID-19 cases jumpKenya has so far reported 17,975 cases of infection with the new coronavirus and 285 deaths from the related disease COVID-19.
Read more »