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pending home sales 052820 Pending home sales in the U.S. plunged by more than expected in the month of April, the National Association of Realtors revealed in a report on Thursday. NAR said its pending home sales index plummeted by 21.8 percent to 69.0 in April after tumbling by 20.8 percent to 88.2 in March. Economists had expected pending home sales to slump by 15.0 percent.

ilo 052820 The job opportunities of younger workers will be disproportionately affected for decades due to COVID-19, the International Labor Organisation (ILO) says in its latest report on the impacts of the pandemic on global employment. More than one in six young people have stopped working since the start of the health crisis, while those who remain employed have seen their working hours cut by 23 per ce

amazon workers 052820 Amazon said it will convert 125,000 of the 175,000 temporary workers it hired in March amid the coronavirus pandemic, to permanent full-time employees in June. The e-commerce giant had hired the temporary employees in March to meet strong consumer demand amid the lockdown. The job openings were in Amazon's fulfillment centers and its delivery network.

wallstreet sept17 28may20 Stocks have moved mostly higher over the course of morning trading on Thursday, extending the upward move seen over the past few sessions. With the advance, the Dow and the S&P 500 have reached their best intraday levels since early March.

dpworld tradelens 052820 Dubai's DP World joined the blockchain-enabled shipping platform TradeLens, digitizing global supply chains. The solution is jointly developed by Danish transport and logistics giant Maersk and IBM. DP World has completed the early stages of integration with the platform, with the Cochin Port (India) already connected with the TradeLens platform via API technology.

uscoronavirus may28 The number of coronavirus deaths in the United States has topped the 100,000 mark nearly hundred days after the first COVID-19 infection in the country was reported in Washington. The death toll is around as many Americans who died from Covid-19 as from the accumulated number of US troops killed in Korea, Vietnam, Iraq and Afghanistan wars over decades. In a reverse trend, new coronavir

ism manufacturing 113018 28may20 New orders for U.S. manufactured durable goods showed a substantial decrease in the month of April, according to a report released by the Commerce Department on Thursday. The report said durable goods orders plunged by 17.2 percent in April following a revised 16.6 percent nosedive in March.

bestjobs jan15 28may20 A report released by the Labor Department on Thursday showed a continued decrease in first-time claims for U.S. unemployment benefits in the week ended May 23rd. The Labor Department said initial jobless claims dropped to 2.123 million, a decrease of 323,000 from the previous week's revised level of 2.446 million.

mitsubishi may28 Mitsubishi Motors North America inc. recalled 141,200 cars and sports utility vehicles (SUVs) due to potential corrosion of the front cross member because of salt water exposure such as from road salt use in cold-weather, according to the National Highway Traffic Safety Administration. The recall is expected to begin on July 14, 2020.

google may28 The U.S. State of Arizona filed a consumer fraud lawsuit against Google alleging deceptive and unfair practices used to obtain users' location data. In the filing, Arizona Attorney General Mark Brnovich accused that the tech giant exploits these data for its lucrative advertising business. In a tweet, Brnovich said, "We brought forward this action to put a stop to Google's deceptive collection ...

wallstreet may28 The U.S. reported a total death toll of more than 100,000 since it reported the first confirmed case of coronavirus infection on January 21. The unimaginable number of deaths and the impact on the economy are really worrying investors. Total infections worldwide increased to more than 5.72 million. Asian...

eurozoneflag aug23 28may20 Eurozone economic confidence improved in May after the record declines of March and April, signaling early signs of recovery, survey data from the European Commission showed Thursday. The economic sentiment index rose to 67.5 in May from 64.9 in the previous month. However, the reading was below economists' forecast of 70.3.

boeing737 may28 Amid the struggles related to Covid-19 pandemic and the grounded 737 Max jets, Boeing Co. has announced involuntary layoffs of the first 6,770 U.S. team members this week, as part of its earlier plan of 10 percent reduction in its workforce. In a letter to the employees, Boeing President and CEO Dave Calhoun said the aerospace giant has concluded voluntary layoff program.

dollartree may28 Discount store chain Dollar Tree, Inc. reported Thursday a profit for the quarter that declined from last year, due to lower gross margins, despite an 8.2 percent sales growth. Both adjusted earnings per share and quarterly net sales topped analysts' expectations. Further, the company did not issuing its updated guidance amid the ongoing COVID-19 pandemic.

stockmarkets dec12 28may20 European stocks rose on Thursday to extend gains for the fourth straight session on optimism that efforts to ease lockdown restrictions on businesses and people will contribute to quick economic recovery. Fresh fiscal stimulus proposals from the European Union and Japan also helped underpin investor...

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