Global shares climb as China industrial data offers hope for coronavirus recovery


Source: morningology.com morningology.com

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Aug 10, 2020 | Asia , Australia , Business , Economy , Europe , Top News , US By Tom Wilson LONDON (Reuters) – European shares rose on Monday as industrial activity in China gained strength, another sign of recovery from the coronavirus pandemic that added to hopes the global economy would also return to health. The broader Euro STOXX 600 rose 0.6%, with London’s FTSE buoyed 1% and European oil and gas shares climbing 2% on rising oil prices. Shares in BP and Royal Dutch Shell rose 3.4% and 2.7% respectively after Saudi Aramco raised optimism about a growth...