Returning to Brussels for the first face-to-face meeting in months, EU foreign ministers are being urged to take a more robust approach to China over the new security law in Hong Kong, as well as against Ankara over Mediterranean drillings and the Libya arms embargo.View on euronews
Credit: euronews (in English) Duration: 02:15Published
Polish President Andrzej Duda has won five more years in power on a deeply conservative platform after a closely fought election that is likely to deepen the country's isolation in the European Union. Joe Davies reports.
Incumbent president Andrezj Duda is facing off against liberal Warsaw mayor Rafal Trzaskowski in a presidential election that could determine Poland's future relationship with the European Union. David Doyle reports.
The Trump Administration is pushing to reopen schools in the fall of 2020. Business Insider reports the US is dealing with record spike in cases of the novel coronavirus. Education Secretary Betsy Devos on Sunday doubled down on the Trump administration's position. "There is going to be the exception to the rule. But the rule should be that kids go back to school this fall." Children are at low risk of serious illness and death from COVID-19.
President Donald Trump said "99%" of coronavirus cases in the US are "totally harmless." Dr. Anthony Fauci is the nation's top infectious-disease expert. Fauci said Trump's claim is "false." "I'm trying to figure out where the president got that number," Fauci said in a Financial Times interview published Friday. Business Insider reports that there is overwhelming evidence of COVID-19's effects contradicts Trump's statement.
Business Insider reports that Walgreens has halted its share buyback program. The pharmacy chain revealed it plans to cut 4,000 jobs after reporting worse-than-expected third-quarter figures. The drugstore giant lost $1.95 per share over the period. Thats $1.71 billion overall. The company's Boots UK division saw same-store sales nosedive 48% over the period. The reason? Walgreens says quarantine orders "compelled consumers to consolidate shopping into grocers.
Netflix is on the verge of reporting a blockbuster second quarter earnings report, according to Goldman Sachs. Business Insider reports that Goldman Sachs is basing their judgement on strong app download trends On Friday, Goldman raised its Netflix price target to $670, representing upside potential of 32% from Thursday's close. The firm said COVID-19 continues to accelerate the trend towards video streaming services. Goldman Sachs said Netflix is a prime beneficiary of that trend.
Business Insider reports that Chelsea Clinton is forming her own venture capital firm. The firm will be called Metrodora Ventures. It was registered in April and has its own Twitter account. Clinton hasn't decided whether to commit to the firm full-time, Axios reports. On Twitter, Metrodora Ventures describes itself as "a values conscious venture capital firm focused on health and learning businesses.