Global recession likely if COVID-19 becomes pandemic: Moody’s Analytics
COVID-19 is now on the lengthening list of concerns of global businesses which are already grappling with the trade war, the Brexit transition, and the […]
Coronavirus damage to China's economy clear from early indicators
BEIJING (BLOOMBERG) – A range of early indicators of China’s economy in February confirm that the coronavirus outbreak has crippled production and consumption, as factories […]
Italian sovereign, banks CDS jump on coronavirus threat
LONDON, Feb 26 (Reuters) – The cost of insuring exposure to debt issued by Italy’s government and some of its lenders rose on Wednesday on […]
German Economy Stalls As Estimated In Q4
The German economy stagnated in the fourth quarter, in line with the initial estimate, as the positive contribution to growth from investment was nullified by […]
UPDATE 2-CIBC profit beats on capital markets strength, takes C$339 mln severance charge
(Adds details throughout) By C Nivedita and Nichola Saminather Feb 26 (Reuters) – Canadian Imperial Bank of Commerce reported better-than-expected quarterly profit on Wednesday, becoming […]
If virus threat worsens, Tokyo Olympics more likely to be canceled than postponed, top official says
TOKYO — A senior member of the International Olympic Committee said Tuesday that if it proves too dangerous to hold the Olympics in Tokyo this […]
HP stock buyback plan makes Xerox takeover a tougher task, analysts say
It may have just gotten more difficult for Xerox Holdings Corp. to buy HP Inc., even though HP has finally indicated a willingness to discuss […]
Palo Alto Networks stock plunges after earnings forecast cut
Palo Alto Networks Inc. PANW, -2.33% shares dove more than 13% in extended trading Monday after the security-software company reported softer sales growth than expected […]
Dropbox stock surges toward best day on record as bulls say profit focus is a turning point
Dropbox shares are surging toward their best single-day performance on record on Friday as bulls say the stock has finally hit a turning point. The […]
A diminished Victoria’s Secret is sold
The company’s owner, L Brands, said that the private-equity firm Sycamore Brands will buy 55% of Victoria’s Secret for about $525 million Victoria’s Secret, beset […]
Rebecca Long-Bailey embarrassed as Keir Starmer set for LANDSLIDE Labour leader victory
The YouGov poll showed the shadow Brexit secretary is set to slide to victory with a sizeable 53 percent of the vote. This is compared […]
Trailblazing Gay Mayor Leaves Behind Fiancé After Brain Aneurysm While Heading to City Meeting
A rainbow flag flew at half-mast on Wednesday in the affluent suburb of Wilton Manors, Florida. The town’s mayor, Justin Flippen — who was openly […]
‘Leave her alone!’ Iain Duncan Smith rages at civil servants as he backs Priti Patel
A report published at the weekend claimed the security service did not trust Ms Patel and so had reduced the volume of intelligence they showed […]
Britain on verge of WALKING AWAY! Fury at more of Barnier’s Brexit trade deal demands
The UK will be given “super preferential access” only if it agrees to common standards, the chief negotiator said. But No 10 insisted ministers are […]
Biden Boosted by Top Democrat Ahead of South Carolina Vote
Joe Biden scored a major boost Wednesday when influential South Carolina Representative Jim Clyburn endorsed him for the Democratic presidential nomination. “I want the public […]
