German Cases Jump; Nestle, Sanofi Get Sales Boost: Virus Update

(Bloomberg) — The U.S. House of Representatives overwhelmingly passed a $484 billion coronavirus aid package, replenishing funding to aid small businesses and provide support for hospitals and virus testing.The number of cases and deaths in Germany rose by the most in nearly a week, while U.S. infections increased at the slowest pace in three weeks. Singapore reported 897 new cases after infections topped 1,000 for four straight days.U.K. retail sales fell the most since records began, though consumers stocking up on frozen food and medicine provided a short-term boost for Nestle SA and Sanofi SA. Gilead Sciences Inc. shares sank …read more

Source:: Yahoo Finance

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