Gold Dips as Some Cash out, but Still Best Week in 12 Years

By Barani Krishnan  Gold prices dipped Friday, but still ended with their best week in almost 12 years after investors cashed in on part of the yellow metal’s supercharged gains on the back of the gigantic U.S. fiscal response to the coronavirus crisis. Gold was also pressured somewhat by the dollar’s first rebound this week…

Börse Express – Groundbreaking for the 30 GW high performance

CHENGDU, China, June 10 / PRNewswire / – On March 25th, the groundbreaking ceremony for the Tongwei Solar Photovoltaic Industrial Base Project took place in Huaizhou New Town, Jintang County, Chengdu, China. With a total investment of CNY 20 billion, the Tongwei Solar Photovoltaic Industrial Base Project will implement the annual 30 GW high-performance solar…

Russia’s Bolshoi Theater goes online as coronavirus curbs public life

By Mikhail Antonov and Alexander Reshetnikov MOSCOW (Reuters) – Moscow’s famed Bolshoi Theater has begun streaming some of its most notable past performances online after being forced to shut its doors to the public as a result of tough new restrictions aimed at curbing the spread of the coronavirus. The Bolshoi, which closed on March…

Coronavirus will not be opportunity for drug cheats says WADA chief

By Steve Keating (Reuters) – World Anti-Doping Agency (WADA) chief Witold Banka had a message on Friday for any athlete thinking they could take advantage of the gap in drug-testing created by the coronavirus outbreak — “we will catch you” and “eliminate you”. WADA acknowledged last week that the coronavirus pandemic had created challenges for…

World Bank head calls for easing debts of poorer countries in light of coronavirus

WASHINGTON (Reuters) – World Bank President David Malpass on Friday said poorer countries will need debt relief or restructuring so they can fund their fights against the coronavirus pandemic, and said the World Bank would present a debt-relief approach in April. “Poorer countries will take the hardest hit, especially ones that were already heavily indebted…