WASHINGTON (Reuters) – U.S. homebuilding increased less than expected in May, but a strong rebound in permits for future home construction suggested the housing market was starting to emerge from the COVID-19 crisis along with the broader economy. FILE PHOTO: A new apartment building housing construction site is seen in Los Angeles, California, U.S. July…
Canada’s inflation rate fell to a -0.4 per cent annual pace in May, the second month in a row below zero as cheaper gasoline offset price increases elsewhere.Gasoline prices were almost 30 per cent lower last month than they were during the same time last year. (Sean Gallup/Getty Images)Canada’s inflation rate fell to a -0.4…
Lucid Motors will begin producing its luxury electric vehicle for customers at its new Arizona factory in early 2021, about three months later than expected due to a slowdown caused by COVID-19. The company, which plans to unveil a production version of the Lucid Air in an online event scheduled for September 9, said construction…
Auto Refresh Feeds Coronavirus Outbreak LATEST Updates: The Delhi Disaster Management Authority (DDMA) on Tuesday exempted constitutional and government functionaries and their staff members travelling across states on official work from the requirement of 7-day home quarantine, if they are asymptomatic, ANI reported. Coronavirus cases in Tamil Nadu, one of the worst-affected states, touched 48,000 on…
A new battle is emerging over the cause of a surge in coronavirus cases in numerous states across the country.President TrumpDonald John TrumpSenate GOP seeks to restrict use of chokeholds in police reform bill Obama wishes country a ‘Happy Pride month’ after SCOTUS decision protecting LGBTQ rights Trump leads Biden by one point in Iowa:…
LONDON (Reuters) – Dexamethasone, a cheap and widely used steroid, has become the first drug shown to be able to save lives among COVID-19 patients in what scientists hailed as a “major breakthrough”. FILE PHOTO: A computer image created by Nexu Science Communication together with Trinity College in Dublin, shows a model structurally representative of…
Researchers in England say they have the first evidence that a drug can improve COVID-19 survival: A steroid called dexamethasone reduced deaths by up to one-third in severely ill hospitalized patients.A respiratory therapist wheels a ventilator through an intensive care unit in Greenwich, Conn., where coronavirus patients are being treated. In a new study, a…
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Cosas wants all schools shut down and for the basic education department to come up with a plan.Cosas’ key focus areas are in Gauteng, KwaZulu-Natal, the Eastern Cape, the Free State and the Western Cape.Cosas says it is ready to engage with the department, but schools should be closed in the interim.The Congress of South…
Good morning! Equity markets are quickly giving up their gains garnered over the past few weeks as the pandemic refuses to fade away. S&P 500 lurched this morning, down as much as 3.3 per cent after parts of Beijing were shutdown over the weekend following reports of more 40 new coronavirus cases, and the U.S.’s…
