London stocks track Asia rally as focus turns to earnings
UK stocks jumped 1 per cent on Monday as investors bet on a stimulus-led economic revival, with focus also turning to the U.S. and European...
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Coronavirus bringing record $1 trillion of new global corporate debt in 2020- report
Companies around the world will take on as much as $1 trillion of new debt in 2020, as they try to shore up their finances against the...
Dollar starts week on back foot ahead of data, earnings
The U.S. dollar started the week with a soft tone on Monday as investors looked to looming economic data from around the world and U.S....
Asian shares extend rally, U.S. earnings to test optimism
Asian shares crept toward five-month peaks on Monday as investors wagered the U.S. earnings season would see most companies beat forecasts given expectations had been...
Shipping Summit calls for urgent action for stranded seafarers
A coalition of 15 countries on Thursday called for action to facilitate the immediate safe resumption of seafarer crew changes globally. At least 200,000 seafarers...
Hollywood can’t get the insurance it needs
Insurers have largely stopped covering independent film and television productions against the risk of COVID-19 illness, a shift that threatens the supply of new entertainment...
TikTok challenge boosts Dogecoin price
A TikTok trend is fueling a dramatic price rise in the so-called joke currency Dogecoin. For the past week, TikTok members are sending messages like...
Dollar, yen gain while risk currencies slip
The dollar and other safe-haven currencies gained against their riskier peers on Friday after a surge in new coronavirus infections in the United States further undermined the...
Asian shares down on virus risk, U.S.-China tension
Asian shares and U.S. stock futures were bearish on Friday as record-breaking new coronavirus cases in several U.S. states stoked concern about economic recovery, while investors...
Tesla appears poised to electrify S&P 500
Tesla appears on the verge of joining the S&P 500, a major accomplishment for Chief Executive Officer Elon Musk that would unleash a flood of...
SAP pre-announces strong results in Q2 — strong outlook for 2020
SAP, the world’s largest ERP systems vendor and 12th largest technology company, said late on Wednesday that its outlook for the full year would be...
Israeli private tech firms raised $2.5 billion in second quarter
Israeli private high-tech companies raised $2.5 billion in the second quarter of 2020, overcoming the coronavirus pandemic with a rise from $2.2 billion a year...
U.N. chief says foreign meddling in Libya conflict at ‘unprecedented levels’
United Nations Secretary-General Antonio Guterres warned the Security Council on Wednesday that the conflict in Libya has entered a new phase with “unprecedented levels” of...
FTSE 100 is lower; European stocks higher
The UK FTSE 100 Index headed lower on Thursday, pressured by a selloff in financial and defensive sectors, while homebuilders jumped on signs of a...
Dollar steadies near multi-week lows, yuan shines again
The dollar nursed losses against most currencies on Thursday as a rally in riskier assets such as global equities and commodities put a dent in...
Asian stocks grind higher as focus turns to earnings
Asian equity markets ground higher as investors tried to look past gathering Sino-U.S. tension and renewed coronavirus lockdowns to upcoming company earnings, hoping that global stimulus...
Crypto at the Mall; Binance acquires Swipe
The Malta-based cryptocurrency exchange Binance has completed its acquisition of London-bassed Swipe, the multi-currency digital wallet and Visa debit card platform,. The value of the...
Cyprus housing prices rise despite pandemic
Cyprus housing prices increased slightly in the first quarter of 2020, with a percentage lower than the EU average. According to data published by Eurostat,...
Thousands of stranded seafarers seek to go home
Crews of merchant ships and cruise vessels are stranded aboard ship, with no way to either travel home or even go ashore at the closest...
Longer, greener, broader: Strategies for a world awash in new bonds
Century bonds and green bonds, the first 20-year U.S. Treasury issue in decades, securities for mom-and-pop investors and with growth-linked payouts — a borrowing binge...
