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RTT News 08/04/2020 23:23
Asian stock markets are mixed on Wednesday after U.S. stocks closed higher overnight in a choppy session. Investors turned cautious amid uncertainty about a new U.S. coronavirus relief package and following reports that the U.S. and China plan to review the implementation of their phase one trade deal in mid-August. The Australian and Japanese markets are lower.
RTT News 08/04/2020 11:26
The National Retail Federation or NRF said that conflicting economic data amid a resurgence in coronavirus cases has made it difficult to predict how steadily the U.S. economic recovery will continue. NRF Chief Economist Jack Kleinhenz noted that based on quarterly and monthly data, the U.S. economic recovery is continuing despite the elevated COVID-19 cases.
RTT News 08/04/2020 10:14
Hurricane Isaias made landfall near Ocean Isle Beach in North Carolina late Monday night, battering coastal areas with heavy rains and winds of up to 85mph, according to the National Hurricane Center. NHC upgraded Isaias to category-one hurricane as it approached the Carolinas. The heavy rain caused flooding. Hundreds of power outages were reported across the state whlie many buildings in Southp.
RTT News 08/04/2020 09:22
Shares of Mallinckrodt plc are losing more than 22 percent in pre-market activity on Tuesday after the biopharmaceutical company said it is likely to file for bankruptcy protection in the near-term. Mallinckrodt made the announcement while reporting its second-quarter results, saying it is exploring a range of options due to the several negative conditions and events impacting its business.
RTT News 08/04/2020 08:23
For the second consecutive day, the number of new coronavirus cases in the United States remained under 50000, and casualty rate continued to fall below 1000. This is a better situation when compared to last week, when more than 60,000 new infections were being reported daily, and more than 1000 people were dying from the viral disease every day in the U.S. With 49,380 new cases reporting in t.
RTT News 08/04/2020 03:31
Today's Daily Dose brings you news about the progress in Aileron's phase Ib clinical study of ALRN-6924, CymaBay's positive results from ENHANCE study, FDA approval of GW Pharma's Epidiolex for a new indication, Immunic's multiple sclerosis trial results, Rhythm Pharma's anticipated milestones, and the progress in the trial conducted by COVID R&D Alliance.
RTT News 08/04/2020 01:36
Australia's central bank maintained its interest rate at a record low and quantitative easing unchanged as the package unveiled in March is supporting the economy as expected. The board of Reserve Bank of Australia, governed by Philip Lowe, decided to maintain cash rate and the targeted yield on three-year government bonds of 25 basis points.

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