U.S. consumers cut spending by the most on record for the second straight month in April and the growing frugality reinforced expectations the economy could take years to recover from the Covid-19 pandemic.
Protests turned violent in places including New York and Chicago following the death in Minneapolis of a black man, George Floyd, seen on video gasping for breath as a white police officer knelt on his neck.
Amazon.com Inc said it was removing certain images after messages using extremely strong racist abuse appeared on some listings on its UK website when users searched for Apple’s AirPods and other similar products.
Over 30 stores in the Minneapolis-Saint Paul area will remain temporarily closed as protests of the death of George Floyd, an African American man who died in Minneapolis police custody, continue in the Twin Cities.
German retail sales fell at their fastest pace since 2007 in April, data showed on Friday, but the drop was not as steep as expected in a sign of Germany's relative resilience during the coronavirus crisis.
Paris's famed Galeries Lafayette department store, which receives some 37 million visitors every year, will reopen this weekend after being shuttered for nearly three months by the coronavirus pandemic, it said Friday.