As the coronavirus epidemic keeps hundreds of millions of Chinese stuck at home, they’re shopping online to stave off boredom with games for Nintendo’s Switch console, yoga mats, books and condoms all showing big jumps in orders.
Home Depot earnings are out. Here is what you need to know. …read more […]
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like… …read more […]
Top news and what to watch in the markets on Tuesday, February 25, 2020. …read more […]
EU antitrust regulators on Tuesday extended their investigation into Ray-Ban maker EssilorLuxottica’s 7.2 billion-euro ($7.8 billion) bid for Dutch opticians group GrandVision by two weeks to July 6, according to an EU filing.
Oil steadied above $56 a barrel on Tuesday after two days of declines as OPEC output cuts and Libyan supply losses balanced concerns about the spread of the coronavirus and its impact on oil demand.
Global stock markets stabilised on Tuesday after a wave of early selling petered out and Wall Street futures managed a solid bounce after the previous day’s sharp selloff on fears about the spreading coronavirus.
As you might know, Chevron Corporation (NYSE:CVX) last week released its latest yearly, and things did not turn out so… …read more […]
(Bloomberg) — U.S. equity futures rose on Tuesday while European shares fluctuated as the selloff that wiped out this year’s gains in global stocks showed signs of easing. Treasuries were steady and the dollar slipped.Contracts on all three major U.S. indexes rose, though they pared early gains that suggested American markets are poised to claw back just a fraction of Monday’s slump. Declines in carmakers and banks dragged the Stoxx Europe 600 index lower after a modest advance at the open. Ten-year Treasury yields held near record lows, while European bonds were mixed. Crude oil steadied after Monday’s near-4% drop.Japanese …read more […]
Britain’s biggest retailer Tesco has completed its exit from China with the sale of a 20% stake in a joint venture to a unit of its state-run partner China Resources Holdings (CRH), raising 275 million pounds ($357 million).
Amazon.com Inc is bringing its cashier-less store technology to a larger stage.
Oil climbed on Tuesday as investors sought bargains after crude benchmarks slumped almost 4% in the previous session, although concerns about the coronavirus spreading out of China and curbing major economies and fuel demand capped gains.
Southeast Asia’s Grab said Japan’s Mitsubishi UFJ Financial Group Inc (MUFG) and IT services firm TIS Inc have agreed to invest a combined $856 million in the ride-hailing firm, as it seeks to expand aggressively into financial services.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
