NYSE holds nearly 9-minute silence in honor of George Floyd
By John McCrank NEW YORK (Reuters) - U.S. financial market operators, including the New York Stock Exchange, held a moment of silence on Tuesday in honor of George Floyd, a 46-year-old African American who died on May 25 after a white police officer knelt on his neck for nearly nine minutes.
By John McCrank
NEW YORK (Reuters) - U.S. financial market operators, including the New York Stock Exchange, held a moment of silence on Tuesday in honor of George Floyd, a 46-year-old African American who died on May 25 after a white police officer knelt on his neck for nearly nine minutes.
The floor of the NYSE, which is owned by Intercontinental Exchange Inc, went silent for 8 minutes and 46 seconds at noon, coinciding with the beginning of Floyd's funeral in Houston and the amount of time the officer's knee was on Floyd's neck.
"There is no place for racial injustice across corporate America, our communities, our individuals, and we really need to highlight that," NYSE President Stacey Cunningham said in a livestreamed interview with Axios.
Exchange operators Nasdaq Inc, Cboe Global Markets Inc and IEX Group also each held a moment of silence at noon in honor of Floyd, whose death prompted protests around the globe.
Thousands of mourners paid their respects to Floyd on Monday, filing past his open coffin at the Fountain of Praise Church in Houston, where Floyd grew up.
More anti-racism rallies inspired by his treatment were set to take place in the United States and in Europe.
"Our nation is in pain right now. So we cannot minimize that pain. It's really critical that we find solutions," NYSE President Cunningham said.
(Reporting by John McCrank; Editing by Richard Chang and Jonathan Oatis)
This story has not been edited by Firstpost staff and is generated by auto-feed.
By Robin Emmott and John Irish | BRUSSELS/PARIS BRUSSELS/PARIS France and Germany will agree to a U.S. plan for NATO to take a bigger role in the fight against Islamic militants at a meeting with President Donald Trump on Thursday, but insist the move is purely symbolic, four senior European diplomats said.The decision to allow the North Atlantic Treaty Organization to join the coalition against Islamic State in Syria and Iraq follows weeks of pressure on the two allies, who are wary of NATO confronting Russia in Syria and of alienating Arab countries who see NATO as pushing a pro-Western agenda."NATO as an institution will join the coalition," said one senior diplomat involved in the discussions. "The question is whether this just a symbolic gesture to the United States
BEIJING Chinese President Xi Jinping on Wednesday called for greater efforts to make the country's navy a world class one, strong in operations on, below and above the surface, as it steps up its ability to project power far from its shores.China's navy has taken an increasingly prominent role in recent months, with a rising star admiral taking command, its first aircraft carrier sailing around self-ruled Taiwan and a new aircraft carrier launched last month.With President Donald Trump promising a US shipbuilding spree and unnerving Beijing with his unpredictable approach on hot button issues including Taiwan and the South and East China Seas, China is pushing to narrow the gap with the U.S. Navy.Inspecting navy headquarters, Xi said the navy should "aim for the top ranks in the world", the Defence Ministry said in a statement about his visit."Building a strong and modern navy is an important mark of a top ranking global military," the ministry paraphrased Xi as saying.