Experts say European countries are suffering due to Covid-19 by relaxing lockdown in sports & entertainment.

European countries ‘paying a high price’ for coming out of lockdowns too quickly, EU’s top COVID adviser says Peter Piot warns public health must be ‘fixed’ before economies fully restart Europe has been badly hit in second wave of pandemic, with infections and deaths rapidly increasing A top EU coronavirus adviser has said Europe is now “paying a high price”…

View More Experts say European countries are suffering due to Covid-19 by relaxing lockdown in sports & entertainment.

International Olympic Committee (IOC) president : Don’t expect countries to pull out of Olympics due to COVID-19

International Olympic Committee (IOC) president Thomas Bach says he doesn’t expect countries to pull out of next year’s Tokyo Olympics due to Covid pandemic and that athletes too won’t be barred if they test negative. The Tokyo Olympics are set to be held from July 23 to August 8 next year after being postponed from 2020 due to the Covid-19 pandemic.…

View More International Olympic Committee (IOC) president : Don’t expect countries to pull out of Olympics due to COVID-19

Facebook Dating Services & App may begin from February 2021 on Valentines day

Facebook said it was launching its dating service in 50 European countries.Facebook Dating, the social network’s competitor to Tinder and other dating apps, launches today in Europe after a long delay from its planned Valentine’s Day debut. The dating service offers the same features in Europe as it does in the US, using the existing profile you’ve created on Facebook…

View More Facebook Dating Services & App may begin from February 2021 on Valentines day

UK economy feels the pressure as 2nd wave of Coronavirus pushes UK into severe recession

The government will close the furlough scheme this weekend, with redundancies rising at the fastest rate on record and the second wave of Covid-19 pushing Britain’s economy to the brink of a double-dip recession, according to a Guardian analysis. As the chancellor, Rishi Sunak, prepares to end the multibillion-pound coronavirus job retention scheme and launch a less generous replacement programme,…

View More UK economy feels the pressure as 2nd wave of Coronavirus pushes UK into severe recession

Huawei Neglected in EU as Nokia Wins Belgian 5G Contracts

Orange and Proximus have picked Nokia to help build 5G networks in Belgium as they drop Huawei amid US pressure to exclude the Chinese firm from supplying key telecoms equipment. The moves are among the first by commercial operators in Europe to drop Huawei from next-generation networks and come after months of diplomatic pressure from Washington, which alleges Huawei equipment…

View More Huawei Neglected in EU as Nokia Wins Belgian 5G Contracts

European Central Bank: Just Wait Until End of The Year 2020

FRANKFURT, Germany — The European Central Bank held off from strengthening its current economic stimulus but its President Christine Lagarde said there was “little doubt” that more action would be coming at its December meeting as surging covid-19 infections and new restrictions on activity threaten Europe’s economy.The European Central Bank held off from strengthening its current economic stimulus but signaled…

View More European Central Bank: Just Wait Until End of The Year 2020

WHO: Europe now has more than 10 million confirmed covid-19 cases

The World Health Organization’s Europe director said Thursday that the 54-country region has again reached a new weekly record for confirmed cases, with more than 1.5 confirmed last week and more than 10 million since the start of the pandemic.The World Health Organization’s Europe director said Thursday that the 54-country region has again reached a new weekly record for confirmed…

View More WHO: Europe now has more than 10 million confirmed covid-19 cases

Deutsche Bank rebound hinges more than ever on trading unit

Germany’s largest lender on Wednesday reported a 47% jump in debt trading, beating all but one of the large investment banks so far and prompting Sewing to lift the outlook. The boost propelled the firm to an unexpected third-quarter profit, even as the corporate bank around which the CEO built his strategy continued to shrink amid negative interest rates and…

View More Deutsche Bank rebound hinges more than ever on trading unit

Google’s display advertising business is under antitrust probe in Italy

Italy’s competition authority has opened an antitrust investigation into Google’s display ad business — adding another allegation of abuse of a dominant position to the tech giant’s regulatory woes. In a press release announcing the action the AGCM said it “questions the discriminatory use of the huge amount of data collected through its various applications, preventing rivals from competing effectively…

View More Google’s display advertising business is under antitrust probe in Italy

US SEES 70,000 NEW CORONAVIRUS INFECTIONS FOR SECOND DAY IN A ROW

The U.S. reported more than 70,000 new coronavirus infections for second day in a row, as of Saturday. New cases are increasing in nearly all 50 states. 19 states hit their own record highs in average daily new cases. The U.S. reported 71,558 new Covid-19 cases Saturday, making it the second day in a row the nation seen more than 70,000 new…

View More US SEES 70,000 NEW CORONAVIRUS INFECTIONS FOR SECOND DAY IN A ROW