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UK’s low-paid workers take the brunt of virus jobs fallout

Bloomberg Almost a quarter of jobs in the UK are at risk due to coronavirus, and those earning low incomes are the most vulnerable, according to McKinsey. About 7.6 million workers are exposed to a reduction in hours, being furloughed or permanent layoffs during lockdown, the analysis published on Tuesday found. Nearly half those jobs are in occupations earning less ...

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Europe stocks edge higher, as US futures dip, oil rises

Bloomberg European stocks edged higher, US equity futures slipped and Asian shares dropped on Tuesday as investors weighed an up-tick in coronavirus infections in several nations and signs of fresh trade tension. Oil rose. The Stoxx 600 Index nudged upward after a downbeat start as gains for healthcare shares offset declines for the financial and energy sectors. S&P 500 futures ...

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Sri Lanka stocks end session lower after trading-halt hitch

Bloomberg Sri Lanka’s stocks resumed a fall on Tuesday after the Monday session ended prematurely following a 10% slump in a gauge of blue-chip shares. The benchmark Colombo All Share Index closed down 3.3%. The nation’s stock exchange halted trading for 30 minutes earlier in the day, triggered by a 5% drop in a blue-chip index that comprises 20 key ...

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