Stories for June 24th 2020

Wednesday, June 24th 2020 - 11:57 UTC
MSCI warns that the Argentina Index could be removed from the MSCI Emerging Markets Index

MSCI Inc, the world’s largest index provider, warned on Tuesday that the MSCI Argentina Index could be removed from the MSCI Emerging Markets Index should it become harder for foreign investors to access its stock market.
Wednesday, June 24th 2020 - 10:52 UTC
Argentina's economy contracted 5,4% and unemployment reaches 10,4% in first quarter

Argentina's economy contracted 5.4% in the first three months of 2020, the government statistics agency said on Tuesday, the worst quarter in a year as the major grains and oilseeds producer was sideswiped by the impact of the global coronavirus pandemic.
Wednesday, June 24th 2020 - 09:47 UTC
Coronavirus has turned Italians into peddlers: record sales of bicycles

Italy has seen a surge in bicycle sales since the government ended its coronavirus lockdown as people steer clear of public transport and respond to government incentives to help the environment.
Wednesday, June 24th 2020 - 09:43 UTC
Missouri appeals court reduced Johnson & Johnson's compensation verdict by half to US$ 2,12 billion

A Missouri appeals court on Tuesday rejected Johnson & Johnson's bid to throw out a jury verdict in favor of women who blamed their ovarian cancer on its baby powder and other talc products but reduced damages by more than half, to US$2.12 billion.
Wednesday, June 24th 2020 - 09:31 UTC
Investment funds managing US$ 4 trillion call on Brazil to halt deforestation

Investment funds managing close to US$4 trillion in assets called on Brazil on Tuesday to halt deforestation of the Amazon in an open letter warning that biodiversity loss and carbon emissions pose a “systemic risk” to their portfolios.
Wednesday, June 24th 2020 - 09:28 UTC
UN freezes 2020/2021 budget for peacekeeping operations

The UN budget for peacekeeping operations will remain at US$6.5 billion under an agreement reached overnight among the UN's 193 member states, diplomats said on Tuesday.
Wednesday, June 24th 2020 - 09:16 UTC
UK moves to end “national hibernation” with pubs reopening on July 4

Pubs in England can reopen on Jul 4 after over three months of closure due to coronavirus, Prime Minister Boris Johnson announced on Tuesday, a move hailed by the industry after warnings many premises could shut for good.
Wednesday, June 24th 2020 - 09:13 UTC
US tech sector criticizes Trump's freeze on immigrant visas: a blow to Silicon Valley and innovation

The US tech sector is likely to be hit hard by President Donald Trump's decision to extend a freeze on most immigrant visas, with critics saying the move could undermine American innovation and leadership.
Wednesday, June 24th 2020 - 09:08 UTC
Korean trawler catches fire in Montevideo port and is towed out to the bay

A Korean flagged trawler on Tuesday noon was towed away from Montevideo port docks to the bay after it caught fire fearing explosion threats from fuel and ammonia cylinders tanks.
Wednesday, June 24th 2020 - 08:29 UTC
Spanish royals personally promote tourism visiting beaches in Canary Islands

Spain's king and queen visited a Canary Islands beach on Tuesday on the first leg of a tour intended to help rescue the tourism-dependent economy, battered by the coronavirus crisis.