Your Daily Scan of the New Global Economy

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United States
Coronavirus: Apprentice star's firm rebuked over Covid-19 ads Watchdog said Revival Shots had suggested its rehydration sachets could help treat the disease. Posted: May 27, 2020 11:01 am
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Zipline will use its drones to deliver PPE to US healthcare workers Drones will be used to deliver PPE to healthcare workers in North Carolina. Posted: May 27, 2020 11:00 am
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Factbox: Renault and Nissan's plan to rebuild their alliance The automaking alliance of Renault SA, Nissan Motor Co and Mitsubishi Motors Corp outlined a new strategy on Wednesday whereby the strongest partner takes the lead in areas such as new technologies and parts procurement. Under it, the alliance member with the strongest position in a...
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Mortgage demand from homebuyers shows unexpectedly strong and quick recovery, as applications spike 9% from a year ago It’s not as if the coronavirus pandemic has gone away, but after a sharp pullback, homebuyers are now piling back into the housing market much faster than expected. Posted: May 27, 2020 11:00 am
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First United Clarifies Driver's Misleading Statements Regarding Regulatory Actions First United Corporation (NASDAQ: FUNC) (“First United” or the “Company”), a bank holding company and the parent company of First United Bank & Trust (the “Bank”), today issued the below statement in response to Driver Management Company LLC’s (“Driver”) press release filed on May 26, 2020:...
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Fuel Cycle Launches Agile Insights Platform Fuel Cycle, Inc., the leading Market Research Cloud, announces a new product called Ignition. Posted: May 27, 2020 11:00 am
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Our economy's got a population problem The United States is facing a long-term demographic decline. Posted: May 27, 2020 10:45 am
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Stocks are set to rally again on optimism about the economy reopening, Dow futures jump 300 points Stocks are coming off a 530 point rally in the Dow Jones Industrial Average on Tuesday. Posted: May 27, 2020 10:44 am
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Exclusive: Google faces antitrust case in India over payments app - sources India’s antitrust body is looking into allegations that Alphabet Inc’s Google is abusing its market position to unfairly promote its mobile payments app in the country, five sources familiar with the case told Reuters. Posted: May 27, 2020 10:41 am
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Boris Johnson's party slides in polls as U.K.'s political crisis over aide intensifies Pressure is mounting on Boris Johnson as the political battle intensifies over his closest aide Dominic Cummings, who is accused of breaking U.K. lockdown rules. Posted: May 27, 2020 10:34 am
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