Congress passes $484bn coronavirus relief bill

The US House of Representatives has passed a new Covid-19 relief package totalling $484bn (£391bn), the fourth aid bill to clear Congress in response to the pandemic. The legislation, approved by 388-5, devotes more money to a small business aid…

Transgender children may face surgery ban, equalities minister hints

Transgender children may be banned from getting gender reassignment surgery, the equalities minister has signalled.  Liz Truss said she wanted to “protect” under 18s with gender dysphoria from making those “irreversible decisions”. Under the existing Gender Recognition Act, a trans…

US announces millions in aid for Greenland

The US has announced a $12.1m (£10m) aid package for mineral-rich Greenland – a move welcomed by the Danish territory’s government. This year the US will also open a consulate in the vast Arctic territory, whose population is just 56,000.…

Wall Street trims gains after report on coronavirus drug trial

(Reuters) – Wall Street was in positive territory on Tuesday but surrendered strong earlier gains after a report that an experimental antiviral drug for the coronavirus flopped in its first randomized clinical trial. All three main U.S. stock indexes trimmed…

U.S. new home sales tumble in March

WASHINGTON (Reuters) – Sales of new U.S. single-family homes dropped by the most in more than 6-1/2 years in March and further declines are likely as the novel coronavirus outbreak batters the economy and throws millions of Americans out of…