The most dramatic solar eclipse in a decade will be visible this weekend

On June 21, a rare “ring of fire” will be visible in Africa, Asia and the Middle East. It will be the shortest and deepest solar eclipse in 2020, reports Travel + Leisure.

The “ring of fire” is a partial solar eclipse that occurs when a new moon is furthest away from Earth in its orbit, so it doesn’t cover the sun completely. Essentially, it’s the opposite of a “supermoon.” The sun will be 99 percent obscured (hence the name), almost like a total solar eclipse.

Unlike other solar eclipses, however, it’s expected to go dark before the “ring of fire” is visible. Experts also anticipate bizarre animal behavior leading up to that moment and some points of light around the moon called Bailey’s beads. This is also a special event because it’s possible people will be able to witness the sun’s outermost atmosphere: the corona, which

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European stocks end choppy session higher on vaccine hopes

By Sruthi Shankar and Julien Ponthus

(Reuters) – Hopes of a COVID-19 vaccine pulled European stocks from losses earlier on Wednesday, after fears of a no-deal Brexit and anxieties relating to the European Union’s recovery fund had weighed on sentiment.

Ending a choppy session, the pan-European STOXX 600 index <.STOXX> rose 0.2%, with blue-chip indexes in Paris <.FCHI>, Milan <.FTMIB> and London <.FTSE> down about 0.2%

Markets on both sides of the Atlantic got a boost as a COVID-19 vaccine developed by Pfizer Inc <PFE.N> and German biotech firm BioNTech <BNTX.O> showed promise and was found to be well tolerated in early-stage human trials.

A series of business surveys released earlier showed broad improvements in manufacturing across Europe and Asia as economies opened up, with IHS Markit’s final euro zone Manufacturing Purchasing Managers’ Index (PMI) moving closer to the 50-mark separating growth from contraction in June.

Improving economic data out

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Housing spark and clothes shopping is back, at least online

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Tuesday related to the national and global response, the work place and the spread of the virus.

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TRAVEL & LEISURE: Travel is resuming slowly with hotels and airlines operating under new rules. There is already some uneasiness about crowding and the lack of social distancing.

— The Transportation Security Administration screened 607,540 people at U.S. airports Monday, the highest total since March 19 but 78% lower than a year ago.

— Lufthansa will resume flights to Shanghai on Wednesday, its first regular scheduled flights to mainland China since late January. The German carrier will offer one flight from Frankfurt to Shanghai every Wednesday, and in the opposite direction every Friday. Delta plans its first flight to Shanghai since early February on Thursday, when it resumes service from Seattle via

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Wall Street ends higher on recovery hopes, Nasdaq hits another record

By Sinéad Carew

(Reuters) – Wall Street’s three major indexes closed higher on Tuesday as improving economic data and the prospect of more stimulus bolstered hopes of a swift recovery, while a jump in technology shares powered the Nasdaq to another record high.

While all the indexes pared gains late in the session to close below their peaks for the day, the Nasdaq managed to register its fifth record high close this month. Apple Inc provided the biggest boost followed by Amazon.com and Microsoft.

Data showed that the pace of contraction in the U.S. manufacturing and services sectors slowed in June as businesses reopened after lockdowns that started in mid-March.

Also, new home sales jumped 16.6% in May, blowing past estimates of a 2.9% rise.

“The cumulative effect of the economic data we’ve been seeing is helping to support the V-shaped rally we’ve had in stocks,” said Mark Luschini, chief

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