Trading Ideas
Month: March 2020
Business News
Shanghai tightens airport checks as imported virus infections in China jump
Shanghai increased airport screening on Saturday as imported coronavirus infections from countries such as Italy and Iran emerge as the biggest source of new cases in China outside Hubei, the province where the outbreak originated.
Trading Ideas
Trump administration plan to sunset the Public Service Loan Forgiveness Program would be 'devastating,' expert says
The Trump administration’s plan to cancel the Public Service Loan Forgiveness Program (PSLF) aimed at helping public service workers would be “devastating” to many, one expert said. …read more […]
Business News
France says 11 people have now died from coronavirus: Health Ministry
France’s Health Ministry said on Saturday that two more people had died from the coronavirus, bringing the total death toll to 11 people.
Trading Ideas
The crazy story of Purell and the coronavirus
The coronavirus is dragging the economy but privately-owned Purell, maker of the famous hand sanitizer, is one company that appears to be benefitting from the outbreak. …read more […]
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Warner Music Group IPO Delayed
The Warner Music Group IPO is highly anticipated by investors. It’s the world’s third-largest music recording label and estimated to bring in $1 billion in its public debut.
But now the company has put the IPO on delay. Warner Music hasn’t publicly announced it and declined to provide any comments to news sources. Here’s what we know…
Warner Music Group IPO Summary
Warner Music filed a Form S-1 with the Securities and Exchange Commission. Unlike many 2019 IPOs, Warner Music is a profitable company, and its profits have increased year over year. While the company faces rising industry costs, its increase in revenue …read more […]
Business News
Factbox: Latest on the spread of coronavirus around the world
The number of people infected with coronavirus approached 102,000 across the world as the outbreak reached more countries and caused more economic damage.
Business News
German coronavirus cases jump, economic nervousness rises
The number of coronavirus patients in Germany jumped to 684 on Saturday morning, with concern growing at the economic impact of the spreading epidemic on one of the world’s most trade-dependent economies.
Business News
Gulf states report new rise in coronavirus cases
The number of coronavirus cases in the United Arab Emirates has risen to 45 from 30, the Health Ministry said on Saturday, as other countries in the Gulf region also reported new infections.
Business News
Factbox: Sports events hit by the coronavirus epidemic
Here is a list of international sports events hit by the outbreak of a coronavirus:
Business News
Coronavirus deaths rise to 145 in Iran, infections up by more than 1,000 – ministry
The number of deaths caused by coronavirus infections in Iran rose by 21 over the past 24 hours to reach 145 on Saturday, a health ministry official said.
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Senior Saudi Arabian Princes Detained and Accused of Treason
(Bloomberg) — Saudi Arabian authorities detained a brother and a nephew of Saudi King Salman Bin Abdulaziz Al Saud on accusations of treason, according to a person familiar with the matter — in another of a series of crackdowns on royal relatives by Crown Prince Mohammed bin Salman, the heir to the throne.Former Crown Prince Mohammed bin Nayef, who was previously in line to be king before being sidelined, and Prince Ahmed bin Abdulaziz Al Saud — a brother of the current king — were arrested on Friday, the person familiar with the matter said. Mohammed bin Nayef’s brother, Nawaf, …read more […]
Business News
South Korea’s coronavirus cases climb above 7,000, most cases traced to church
South Korea’s coronavirus cases jumped above 7,000 on Saturday, up by 448 from the previous day, with more than half of the total number linked to a secretive church at the center of the country’s outbreak, health authorities said.
Business News
Coronavirus cases rise in UAE, Kuwait and Qatar: ministries
The number of coronavirus cases in the United Arab Emirates has risen to 45 from 30, the Health Ministry said on Saturday.
Business News
Coronavirus cases rise in UAE and Qatar: ministries
The number of coronavirus cases in the United Arab Emirates has risen to 45 from 30, the health ministry said on Saturday.