(Bloomberg) -- China rejected U.S. President Donald Trump’s claim that Beijing was trying to damage his re-election chances with its handling of the coronavirus outbreak. Spain recorded steep declines in new cases, Germany is set to extend restrictions and Britain will likely miss its daily testing target.The European Central Bank will decide on Thursday if more than $1.1 trillion in asset purchases and a generous lending plan are enough to keep companies and households afloat as data showed that shutdowns had pushed the region’s economy into a record contraction.Gilead said it had more than 50,000 courses of its experimental Covid-19 therapy ready to ship as soon as the drug is authorized for emergency use by U.S. regulators. In Europe, AstraZeneca agreed to make and distribute the potential vaccine that Oxford University scientists have developed.Key DevelopmentsVirus Tracker: Global Cases 3.22 Million; Deaths 227,420Dueling data on Gilead treatment leaves many questionsDead coronavirus particles...
(Bloomberg) -- China said it has no interest in interfering in internal U.S. affairs after President Donald Trump blamed Beijing’s response to the outbreak on a desire to see him lose in November’s election. German officials are set to extend restrictions on public life and Britain will likely miss its daily testing target.The French and Spanish economies plunged and German unemployment surged amid shutdowns that are dragging Europe into its deepest recession of the postwar era. Shell cut its dividend for the first time since World War II.Earlier, Gilead said it had more than 50,000 courses of its experimental Covid-19 therapy ready to ship as soon as the drug is authorized for emergency use by U.S. regulators. In Europe, AstraZeneca agreed to make and distribute the potential vaccine that Oxford University scientists have developed.Key DevelopmentsVirus Tracker: Global Cases 3.22 Million; Deaths 227,420Dueling data on Gilead treatment leaves many questionsDead coronavirus particles...
(Bloomberg) -- China said it has no interest in interfering in internal U.S. affairs after President Donald Trump blamed Beijing’s response to the outbreak on a desire to see him lose in November’s election. New cases in Germany rose the most in four days as the government weighs further steps to ease curbs.The French and Spanish economies plunged and German unemployment surged amid shutdowns that are dragging Europe into its deepest recession of the postwar era. Shell cut its dividend for the first time since World War II.Earlier, Gilead said it had more than 50,000 courses of its experimental Covid-19 therapy ready to ship as soon as the drug is authorized for emergency use by U.S. regulators. In Europe, AstraZeneca agreed to make and distribute the potential vaccine that Oxford University scientists have developed.Key DevelopmentsVirus Tracker: Global Cases 3.22 Million; Deaths 227,420Dueling data on Gilead treatment leaves many questionsDead coronavirus particles...
