The European Commission on Wednesday downgraded the growth forecasts for the Eurozone and the European Union and said the region is set to witness a recession of "historic proportions" this year due to the "major shock" from the coronavirus, or Covid-19, pandemic and the consequent lockdown.

Private sector employment nosedived in the month of April, according to a report released by payroll processor ADP on Wednesday. The report said private sector employment plunged by 20.236 million jobs in April after slumping by a revised 149,000 jobs in May.

In the time of coronavirus lockdown, Netflix Inc. is teaming up with director Lee JQ to produce a new series, "All of Us Are Dead." All of Us Are Dead tells the story of a group of high school students who are faced with an extreme crisis situation when they become trapped in their school, while a zombie virus spreads like a wildfire. It is based on the chart-topping Korean webtoon titled "Now

US author Colson Whitehead has achieved the rare honor of winning the Pulitzer Prize for fiction for a second time. The African-American writer is only the fourth person ever to win the coveted prize twice in its century-old history. Whitehead was adjudged the best fiction writer for his novel The Nickel Boys, whoch tells the devastating story of abuse of black boys at a reform school in Jim Cro

Thomas Cruise is set to become the first actor to act in a movie shot in outer space. The joint project by Space X and NASA would be "the first narrative feature film -- an action adventure -- to be shot in outer space", Deadline reported. The head of NASA confirmed the news on social media. "NASA is excited to work with Tom Cruise on a film aboard the Space Station. We need popular media to in

The major U.S. index futures are currently pointing to a higher opening on Friday, with stocks likely to extend the strong upward move seen in the previous session.

The major U.S. index futures are currently pointing to a lower opening on Monday, with stocks likely to extend the sharp pullback seen over the two previous sessions.

The major U.S. index futures are pointing to a higher open on Wednesday, with stocks likely to extend the upward move seen over the course of the two previous sessions.

Canadian cannabis company Fire and Flower Holdings Corp. said Thursday that it will close three locations in Alberta under a restructuring plan, enabling it to deploy resources and allocate capital to locations with higher profit potential. The company also reported a net loss for the fourth quarter that widened from last year.

The coronavirus pandemic has so far infected 1.07 million people in the United States and has taken lives of more than 62,000.

The United States recorded 2,448 coronavirus-related deaths in the past 24 hours, the biggest rise this month, taking the total death toll to more than 75,000. A total of 75,670 Covid-19 deaths were recorded in the U.S., as per latest data compiled by the Center for Systems Science and Engineering at Johns Hopkins University. This makes up nearly one third of the global cases, and more than on

Disinfectant manufacturer Reckitt Benckiser issued a strong warning against administering its products such as Lysol and Dettol to the human body after President Donald Trump suggested researchers try putting disinfectants into coronavirus infected patients' bodies as potential treatment for the killer disease. "Under no circumstance should our disinfectant products be administered into the human

Diagnosed cases of coronavirus are nearing the million mark in the United States. The pandemic has so far infected 965,933 people and killed 54,877 others in the country, according to data compiled by the Center for Systems Science and Engineering at Johns Hopkins University. Of all the infections reported in the U.S., 288,045 were in New York. The number of casualties reached 22,269 in the sta

A significant surge in coronavirus-related deaths and infections was reported in the United States on Wednesday. With 2,229 casualties, the total number of deaths has risen to 46,785, according to Johns Hopkins University's latest data. With 29,304 new confirmed cases in the last 24 hours, the number of COVID-19 infections in the U.S. increased to 842,624.

Brewer Constellation Brands, Inc. has raised its stake in Canopy Growth Corp. to 38.6 percent, indicating its confidence in the Canadian cannabis company's future growth.

Ethos Cannabis, a Pennsylvania-based multi-state cannabis operator, said it has agreed to acquire the rights to seven medical marijuana dispensaries in Maryland and Pennsylvania from 4Front Ventures Corp. Terms of the deal were not disclosed.

The head of the Centers for Disease Control and Prevention has warned of a second wave of the novel coronavirus in the next winter, which, according to him, is likely to be even more devastating than the one that is raging across the globe. "We're going to have the flu epidemic and the coronavirus epidemic at the same time," CDC Director Robert Redfield said in an interview with The Washington Po

Omura, a California-based marijuana and hemp flower vaporizer company, said that Bruce Linton, the former CEO and founder of Canadian cannabis company Canopy Growth Corp., has participated in the company's latest fundraising round. Linton has also joined Omura as strategic advisor.

The number of people infected with coronavirus in the United States crossed the dreadful one million mark Wednesday, making up nearly one third of the global cases. With more than 58,000 deaths, more Americans have died of COVID-19 than in the Vietnam War. The pandemic has so far infected 10,12,583 people in the country, according to data compiled by the Center for Systems Science and Engineerin

Shares of Camping World Holdings, Inc. (CWH), an outdoor and camping retailer, are gaining more than 22 percent or $2.45 in Friday's morning trade at $13.26, after the company reported a loss for the first quarter that narrowed from last year.

While reporting financial results for the first quarter on Thursday, Quanta Services, Inc. (PWR) slashed its earnings and revenue guidance for the full-year 2020, reflecting the estimated impact of COVID-19 and other factors on operations.

While reporting financial results for the first quarter on Thursday, technology company Insight Enterprises, Inc. (NSIT) said it is withdrawing its 2020 financial guidance for net sales and adjusted earnings per share due to the high level of economic uncertainty and disruption caused by COVID-19.

Hain Celestial Group, Inc. (HAIN), an organic and natural products company, on Thursday reported net income from continuing operations for the third quarter of $25.04 million or $0.24 per share, up sharply from $8.78 million or $0.08 per share in the prior-year period.

While reporting its financial results for the first quarter on Thursday, Huntington Ingalls Industries (HII), a military shipbuilding company, noted that the COVID-19 pandemic did not materially impact its first-quarter financial position, results of operations or cash flows.

Shares of CenterPoint Energy Inc. (CNP), a public utility holding company, are gaining more than 15 percent or $2.45 in Thursday's morning trade at $18.43 after its earnings for the first quarter zoomed past analysts' estimates and the company announced it will receive a $1.4 billion equity investment.

Passengers of cruise ships were evacuated weeks ago, but many of the crews remain on board. NPR's Lulu Garcia-Navarro speaks to the Guardian's Patrick Greenfield, who has been investigating why.

Tomorrow, Italy begins lifting the lockdown it imposed March 9 to stop the spread of the coronavirus. Despite some of the strictest measures in Europe, more than 28,000 Italians have died.

Cynthia Lam is a trauma nurse with experience in war zones. She's now traveled to Connecticut to help take care of COVID-19 patients. She shares her story as part of our Outbreak Diaries project.

NPR's reporter in Nairobi finds his parents connecting with his kids through TikTok. Formerly the realm of Gen Z, the app's now a family board game where Grandma and Grandpa reveal their silly selves.

Birdwatching is a pastime for many during the quarantine, but one birdwatcher is deemed essential, the one who scares birds off a giant toxic lake at a Superfund site in Montana.

In a D.C. neighborhood, two dog owners noticed their pets looked a bit alike. Turns out, they were brothers.

European stocks are likely to open higher on Friday after a statement by the

German stocks rose notably on Friday, with positive news regarding the U.S.-China trade talks and moves to ease lockdown measures and reopen economies around the world helping support underlying sentiment.

French stocks rose on Friday after reports suggested that trade negotiators from the United States and China will hold a phone call as early as next week to assess progress in implementing a Phase 1 trade deal signed in January.

European markets ended higher on Friday reacting positively to news on U.S.-China trade front, and data showing a slightly smaller than expected increase in U.S. job losses in the month of April.

The Switzerland Stock market ended modestly higher on Friday, extending gains to a fourth straight session, reacting positively to news about reopening of businesses in several parts across the world.

European stocks are seen opening flat to slightly higher on Thursday as coronavirus worries persist and China's trade data for April painted a mixed picture of the world's second-largest economy.

German stocks advanced on Thursday after China's exports saw a surprise 3.5 percent rise in April despite the global impact of the coronavirus pandemic, reflecting a faster-than-anticipated recovery in production.

French stocks rose on Thursday as China exports data for April exceeded expectations and bleak U.S. data released overnight prompted calls for more government spending.

U.K. stocks advanced on Thursday as the Bank of England maintained its key interest rate and refrained from unveiling additional quantitative easing, despite the coronavirus pandemic taking its toll on the economy.

European markets closed on a strong note on Thursday as investors reacted positively to the latest data from China that showed an unexpected increase in the country's exports last month, and amid continued optimism about reopening of businesses in several parts across the globe.

European stocks are likely to open higher on Tuesday as Italy finally eased lockdown restrictions with strict guidelines after two months.

German stocks were rising on Tuesday after several countries across Europe and the Middle East eased lockdown restrictions.

French stocks rallied on Tuesday after Italy, Spain and France have all recorded their lowest daily spike in fatalities to date.

U.K. stocks rose sharply on Tuesday as several countries tentatively eased restrictions on movement in a bid to revive global economies.

European stocks rebounded on Tuesday after falling sharply the previous day on concerns about the coronavirus's impact on earnings and rising U.S.-China tensions.

European markets ended with strong gains on Tuesday despite weak economic data, as investors made positive moves reacting to news that several countries across Europe have lifted restrictions that were in place due to the coronavirus pandemic.

European stocks are likely to open a tad lower on Wednesday after sharp gains in the previous session on optimism over phased easing of coronavirus restrictions by some countries.

U.K. stocks were moving higher on Wednesday ahead of the Bank of England's decision on interest rates and QE, as well as updated economic forecasts tomorrow.

European markets closed lower on Wednesday as investors made cautious moves amid concerns about the possible impact of any new wave of Covid-19 infection following lifting of lockdown restrictions in several places across the world.