European stock markets opened sharply higher on Friday as more central banks adopted monetary and fiscal measures to deal with the economic downturn as a result of the Covid-19 outbreak. Stocks in London jumped in early trading with the FTSE 100 index rising over five percent. Germany’s DAX is gaining ...
Italian Prime Minister Giuseppe Conte has said his country is to extend its lockdown measures further due to the virus. Imposed nationally on 12 March, the shutdown of most businesses and a ban on public gatherings in Italy, the European country worst hit by the pandemic, are due to expire ...