Rally continues in European stocks on coronavirus hopes as pound regains levels from Boris Johnson hospitalization

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Rally continues in European stocks on coronavirus hopes as pound regains levels from Boris Johnson hospitalization

European stocks climbed for a second day as traders focused on data showing that the growth rate of the coronavirus spread is slowing. Up 3.7% on Monday, the Stoxx Europe 600 SXXP, +3.18% climbed 3.1%, and the German DAX DAX, +4.52% , French …
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UPDATE 2-Plus500 sees customer numbers, revenues soar amid market volatility

… * Plus500 shares leap by 10%. * Strong volatility contributed to robust Q1. * A trader calls the numbers “eye-popping” (Adds background on regulations, share performance, changes media packaging code). By Muvija M. April 7 (Reuters) – Online trading …
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Cineworld closes all its cinemas due to coronavirus pandemic

Adds details on Cineplex deal, management pay, background on debt concerns. April 7 (Reuters) – British cinema operator Cineworld CINE.L said on Tuesday it has shut all its 787 cinemas across 10 countries due to the coronavirus pandemic and that it was …
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Nvidia, AMD join cloud giants to fight COVID-19 with HPC might

Rivals Nvidia and AMD are teaming up with some of the world’s largest cloud service providers to lend supercomputing resources to accelerate research of the novel COVID-19 coronavirus. The two Santa Clara, Calif.-based companies announced on …
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Rupee jumps sharply against US dollar as new forex trading hours come into force

The Indian rupee rose against the US dollar today, tracking sharp gains in the domestic equity markets. The rupee today settled at 75.63 against the US dollar, as compared to the previous close of 76.13 against the US dollar. The forex market was closed on …
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