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RTT News 08/05/2020 23:18
Asian stock markets are mostly higher on Thursday following the positive cues overnight from Wall Street amid optimism that U.S. lawmakers will eventually reach an agreement on a new coronavirus relief bill. Encouraging news regarding coronavirus vaccines also boosted sentiment. The Australian market is rising, while the Japanese market recovered after a weak start and is modestly higher.
RTT News 08/05/2020 09:13
Shares of BMW AG were losing around 5 percent in German trading after the luxury car maker reported Wednesday a loss in its second quarter, compared to prior year's profit as demand was hit hard by coronavirus pandemic. Looking ahead, the company said it is cautiously optimistic for second half of the year, and reaffirmed fiscal 2020 outlook.
RTT News 08/05/2020 08:37
Billionaire Richard Branson's Virgin Atlantic has filed for Chapter 15 bankruptcy protection in the United States after being hit hard by travel restrictions due to the coronavirus pandemic. The process is part of the British airline's restructuring plan as it is seeking a 1.2 billion pounds rescue deal in the U.K. The airline also filed a proceeding in the high court in London for its restructuri.
RTT News 08/05/2020 06:53
After a brief lull, the daily COVID deaths and infections began to show an uptick in the United States. After the number of new coronavirus cases in the country remaining under 50000 for four consecutive days, 53,803 additional infections were reported in the last 24 hours, taking the national total to 4771519. Still, this is a better situation when compared to last week, when there were an aver.

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