Markets
McDonald’s workers shot in argument over closed dining room

COVID-19: Russian Federation records over 10,000 infection cases for second consecutive day

British Pound Gains Ground After Bank Of England Keeps Rate Unchanged
The Bank said it expects gross domestic product (GDP) to fall by around 3% in the first three months of 2020 and then plunge by a further 25% in the second quarter, although it cautioned over uncertainty over the forecasts. Two of the nine policymakers wanted to increase the bank's stimulus program by another 100 billion pounds ($124 billion). In a statement, the central bank said: "The spread o... [Full Article...]
USA service sector activity hits record low
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Small businesses slash more than 11 million jobs in April
Why it matters: "Job losses of this scale are unprecedented". Even though Zandi expects hiring to resume in June as states ease lockdowns, he cautioned that it will be a "slog" over several years to recover all the jobs lost in April. That's up from the 149,000 private jobs cut a month earlier. That report comes from payroll provider ADP, which counted the jobs lost at its business customers ... [Full Article...]
Crude oil prices rise above $31 as lockdown easings counter supply glut

Amazon to hire 100,000 workers as online orders surge

Petrol, diesel prices hiked in Delhi: Details here
