COVID-19 coronavirus

The latest on the global pandemic

  • Reuters

    Sunshine State showdown: Trump, Biden to take campaign battle to Florida

    Florida, with its 29 electoral votes, is a major prize in next Tuesday’s election and a new Reuters/Ipsos poll shows Trump and Biden running neck and neck in the state. With COVID-19 cases raging across the country, Trump will stage an outdoor rally in Tampa.

  • Reuters

    Gold demand fell to its lowest in 11 years in the third quarter - WGC

    Global demand for gold in the third quarter of 2020 was the lowest in 11 years, as a rush by investors to stockpile bullion slowed and central banks sold metal for the first time in a decade, the World Gold Council (WGC) said on Thursday. The coronavirus pandemic collapsed jewellery sales, usually the biggest source of gold demand, but this has been offset by investors looking for an asset they see as a safe store of value. The jewellery market recovered slightly in the third quarter, including in China and India, the largest, but not enough to compensate for the slower pace of stockpiling by investors in exchange traded funds (ETFs), the WGC said.

  • Reuters

    China's factory growth likely cooled slightly in October: Reuters poll

    China's factory activity likely expanded at a slightly slower pace in October, a Reuters poll showed on Thursday, as the economy extends a steady recovery from the coronavirus crisis. China's vast industrial sector is steadily returning to the levels seen before the pandemic paralysed huge swathes of the economy early this year, though the global outlook is dimming as many Western countries battle still rising COVID-19 infections and go back into virus lockdowns. Profits at China's industrial firms rose for the fifth straight month in September, although they slipped from the previous month, official data showed on Tuesday.

  • Reuters

    Standard Chartered third-quarter profit slides, but beats estimates on improving loan loss outlook

    Standard Chartered <STAN.L> booked a smaller-than-expected 40% slide in quarterly profit as the lender lowered its loan loss expectations linked to the coronavirus pandemic, also saying client demand was likely to increase next year. Credit impairment charges came in at $358 million for the three months ended Sept. 30, up 27% from the same period last year, but well below the preceding quarter's $611 million and a consensus estimate of $614 million. StanChart said the results reinforced its view that credit impairments would be lower in the second half of the year than the first, as lenders worldwide report loan losses stabilising.

  • Reuters

    Next crop of COVID-19 vaccine developers take more traditional route

    The handful of drugmakers dominating the global coronavirus vaccine race are pushing the boundaries of vaccine technology. The world will need several different vaccines to fight the COVID-19 pandemic, given the sheer size of global need, variations in effects on different populations, and possible limits of effectiveness in the first crop. Many leading candidates now in final-stage testing are based on new, largely unproven technology platforms designed to produce vaccines at speed.

  • Reuters

    Analysis: As COVID persists and U.S. election nears, China growth lifts Asia

    Asia is starting to see signs of economic recovery as it rides on the back of an upturn in China, which is entering a new expansion phase less than a year after it recorded the world's first cases of COVID-19. While international attention has been focused on the looming U.S. election and the struggle to halt the spread of the coronavirus in the Americas and Europe, China has quietly been clocking up improvements in several key sectors. After imposing some of the world's strictest lockdown measures early in the pandemic, China is now the only major economy forecast by the International Monetary Fund to report growth - of 1.9% - this year.

  • Associated Press

    Trump, Biden to appeal to last-minute voters in Florida

    President Donald Trump and Democratic rival Joe Biden are set to chase votes in Florida, a state all but essential to the Republican's pathway to another term as both nominees turn their focus to encouraging voters to turn out on Election Day. More than 73 million Americans have already voted, absentee or by mail, and Trump and Biden are trying to energize the millions more who will vote in person on Tuesday. While the Election Day vote traditionally favors Republicans and early votes tend toward Democrats, the coronavirus pandemic, which has killed more than 227,000 Americans, has injected new uncertainty about the makeup of the electorate.

  • Associated Press

    Taking a stand has new meaning in heavily litigated election

    In the most litigious presidential election in memory, court fights are even happening over where poll watchers may stand as the votes as tallied. Lawsuits by the hundreds already have been filed — with the prospect of many more before and after Tuesday's voting — as both Democrats and Republicans try to settle in court a process that is usually determined by citizens simply casting ballots. The legal action runs along a broad spectrum, from a dispute over whether guns are allowed near polling places to more complicated matters that already have reached the Supreme Court.

  • Associated Press

    Letters, texts, caravans, parades: Advocates mobilize voters

    Gehman, who lives in Santa Fe, New Mexico, is one of 182,000 people who have participated in Vote Forward, a 50-state letter-writing campaign to more than 17.5 million homes. As early voting has surged dramatically, with more than 73 million people estimated to have cast ballots, advocates have been mobilizing in myriad ways, from neighborhood groups to national movements, from block associations to college marching bands to lone violinists. Voters have been ushered to the polls by fleets of minivans, with bicycle parades and on horseback in Indian Country.

  • Reuters

    England's COVID-19 infections doubling every nine days - Imperial College

    The spread of the coronavirus continues to increase across all parts of England with cases doubling every nine days, according to a new study by Imperial College, putting pressure on the government to introduce more drastic lockdown restrictions. Prime Minister Boris Johnson's strategy of local lockdowns to try to contain a second wave is failing to stem the number of infections. The infection rate is rising in all age groups with the highest spread of the disease in the northwest of England and Yorkshire and the Humber region, Imperial found.