Latest coronavirus: France will extend the wearing of masks to all of Paris as Covid-19 spreads


US Department of Justice has requested Covid-19 data from four states as it considers civil rights investigations in the deaths of residents of nursing homes. The department said it was requesting data from New York, New Jersey, Pennsylvania and Michigan, citing orders in states that required nursing homes to admit patients infected with the coronavirus.
Italy reported its biggest increase of a day in coronavirus cases in more than three months as Europe faces a sharp rise in infections. The country reported 1,367 new cases against 878 the day before, bringing the total number of cases to 262,540. The death toll in the country rose to 35,458 people. Italy is one of many countries in Europe to experience an increase in infections as vacationers return home.
Coronavirus to undermine more than £ 20bn of UK travel industry as UK quarantine policy leaves London at risk abandon his position as a global tourism and business hub, an industry group has warned. Spending by international travelers is expected to fall 78% to £ 22 billion this year, the World Travel & Tourism Council said.
Inflation surged in Lebanon in July, with its consumer price index soaring 112 percent compared to 2019. The cost of consumer goods is being pushed up by the devaluation of the Lebanese pound, whose two-decade peg to the dollar at L £ 1,500 has effectively been broken. Black market rates currently hover between L £ 7,000 and £ 7,500.

Dick’s Sporting Goods posted its highest quarterly sales and profits in history as consumers showed increasing interest in fitness and socially distant outdoor activities. The Pittsburgh-based retailer said net sales jumped 20.1% year-over-year to $ 2.71 billion for the three months ending August 1. Consolidated comparable store sales increased 20.7 percent.
London Gatwick to cut up to a quarter of its workforce in major restructuring following a collapse in passenger numbers at the UK’s second busiest airport. Gatwick is starting consultations with around 600 employees and said he was in talks with the government on sectoral support to help the aviation industry weather the crisis.
Salesforce stocks were set to expand their earnings a day after the cloud-based software group exceeded $ 5 billion in quarterly sales and raised its forecast for next year. Shares of the San Francisco-based company rose 13% on Wednesday on the pre-market. They have increased by over 10% this month and 33% for the year.
Russian gold miner Polymetal doubled its dividend after metal prices rebounded in the first semester. Polymetal said it will pay a dividend of 40 cents per share in the first half of the year. The group has benefited from a 27% rise in gold prices this year and lower costs due to a decline in the Russian ruble and the Kazakh tenge. Gold hit a record high of $ 2,072 an ounce on August 6.
Compiled by George Russell in Hong Kong


Please enter your comment!
Please enter your name here