Higher Committee of Human Fraternity Calls for Global Day of Prayer on May 14 in Response to COVID-19

ABU DHABI, United Arab Emirates — The Higher Committee of Human Fraternity (HCHF), called on religious leaders and faithful around the world to a day of fasting, prayers and supplications for the good of all humanity on Thursday, May 14 for an end to the novel coronavirus (COVID-19) pandemic. Read More More: https://ift.tt/2YJ2wRi

Wall St Week Ahead-U.S. data deluge to underscore divide between roaring market, plunging economy

NEW YORK — A week packed with U.S. economic data is likely to provide investors with more evidence of the extent to which the coronavirus pandemic has hit growth, sharpening the debate on whether a rebound in stocks has been justified amid an unprecedented slowdown. Read More More: https://ift.tt/2WhKlRc

J.C. Penney to file for bankruptcy as soon as next week-sources

J.C. Penney Co Inc is preparing to file for bankruptcy protection as soon as next week with plans to permanently close about a quarter of its roughly 850 stores, becoming the latest major U.S. retailer to succumb to fallout from the coronavirus outbreak, according to people familiar with the matter. Read More More: https://ift.tt/3fp8RqS

EUROTHON: Together in distance, united in solidarity, we are celebrating Europe Day

  While the Covid-19 pandemic does not allow physical gatherings on Europe Day like in the previous years, it certainly gives us the reason to celebrate 9 May louder than ever. All Europe and all Europeans are united in overcoming this major crisis and we should all be proud of that. from EEAS RSS Feeds […]

BAML sees platinum, palladium deficit this year as South Africa production losses bite

JOHANNESBURG — There is likely to be a deficit of platinum and palladium this year after a COVID-19 lockdown in South Africa, the world’s biggest platinum producer, forced mines to shut, analysts at Bank of America Merrill Lynch predicted on Friday. Read More More: https://ift.tt/2A3fZsK

GOLDEN STAR RESOURCES LTD. INVESTIGATION ALERT: Morganti & Co., P.C. Announces That an Investigation Has Been Launched into Golden Star Resources Ltd.

TORONTO — Morganti & Co., P.C. announces that it has been contacted by investors to investigate Golden Star Resources Ltd. (the “Company”) (TSX: GSC, NYSE American: GSS) during the Class Period from and including February 20, 2019 to and including July 30, 2019. Read More More: https://ift.tt/3dkk6z8

‘It’s all a mess’: Pandemic driving businesses to bankruptcy brink, and complicating restructuring efforts

Bankruptcies will be an inevitable part of the economic crisis brought on by the coronavirus pandemic, but that same upheaval is complicating the process of unwinding and restructuring businesses that are no longer viable. Read More More: https://ift.tt/35T9xRf

ECB’s latest asset purchase program meets principles of proportionality – Spiegel

BERLIN — The German Finance Ministry has concluded that the ECB’s latest asset purchase program to tackle the coronavirus pandemic meets the principles of proportionality defined by Germany’s constitutional court, Der Spiegel magazine reported on Friday. Read More More: https://ift.tt/3dpHz1O

Royal Caribbean Group: Continued disruptions to travel may result in further suspensions

The company has been developing a comprehensive and multi-faceted program to address the unique public health challenges posed by COVID-19. This includes, among other things, enhanced screening, upgraded cleaning and disinfection protocols and plans for social distancing from TravelDailyNews International https://ift.tt/3fyIgaQ via IFTTT

Coronavirus Global Response: EU sets up a Humanitarian Air Bridge

European Commission Press release Brussels, 08 May 2020 The European Commission has set up an EU Humanitarian Air Bridge to transport humanitarian workers and emergency supplies for the coronavirus response to some of most critical areas around the world. from EUROPA – EU Newsroom – Latest press releases and statements https://ift.tt/2YKhypL via IFTTT