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Tag Archives: Rising

With rising COVID cases, Gottlieb predicts “a lot of death and illness” before the end of the year

Washington – With the number of confirmed Coronavirus Dr. Scott Gottlieb, former Commissioner for the Food and Drug Administration, warned that there would be “a lot of death and disease” by the end of 2020. “We are in a difficult situation in autumn,” said Gottlieb on Sunday on “Face the Nation”. “I think the only caveat is that we are …

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Wall Street futures are rising as hope grows. Washington will help the troubled US economy

The top headlines from Fox Business Flash are here. Check out what’s clicking on FoxBusiness.com. BEIJING – Asian stock markets followed Wall Street higher on Friday in hopes Washington will provide more aid to troubled US economy. The benchmarks in Shanghai, Hong Kong, South Korea and Sydney have evolved. Tokyo was down 0.1%. Wall Street won on Thursday after President …

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Europe’s coronavirus case numbers just keep rising

Europe is now seeing far more new coronavirus cases than ever before. The big picture: One reason is testing. Deaths and hospitalizations remain well below spring levels, although they continue to tick up. Officials in Spain and France are working hard to respond to their particularly worrying outbreaks. Madrid is currently under quarantine while Paris has closed bars for two …

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Samsung’s profits are rising amid the rebound in smartphone sales and US sanctions against Huawei

The South Korean conglomerate announced Thursday that it would expect operating income of around 12.3 trillion won ($ 10.6 billion) for the July-September quarter. That is 58% more than a year ago. The estimates also exceeded profit sharing analysts surveyed by data provider Refinitiv by 26%. Samsung expects third-quarter sales to grow 6% to 66 trillion won ($ 57 billion). …

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Rising debt and junk bonds from Chinese real estate developers

A pedestrian crosses a street in front of residential buildings in Beijing, China. Qilai Shen | Bloomberg | Getty Images SINGAPORE – Soaring debt among Chinese property developers is once again in the spotlight as liquidity issues at top developer China Evergrande spark investor concerns. China’s house prices rebounded quickly as the economy re-opened after the worst of the pandemic. …

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European stocks are rising as foreign investors find deals

People walk past a sign promoting social distancing on a shopping street in Solihull, Central England on September 14, 2020. oli scarff / Agence France-Presse / Getty Images European stocks rose on Monday as foreign investors searched for bargains in a flurry of activity. The Stoxx Europe 600 SXXP lost 3.6% last week in its worst performance since early June. …

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Thanks to climate change, zombie storms are rising from the dead

Forest fires burn the west coast, hurricanes flood the southeast – and some of those storms are rising from the dead. “Zombie Storms” regaining strength after the first ending is the newest addition for 2020. And these undead weather anomalies are becoming more common thanks to Climate change. “We have had Zombie Tropical Storms since 2020. Welcome back to the …

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Rising temperatures are pushing Antarctica past the point of no return, warn scientists

If the Earth’s average surface temperature is raised another degree Celsius, it will limit sea level rise by 2.5 meters in Antarctica alone, and another three degrees will raise the oceans 6.5 meters, scientists warned on Wednesday. These devastating elevations in the global waterline – enough to cripple coastal cities from Mumbai to Miami and displace hundreds of millions of …

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