Even if Italy’s draconian measures to stop the spread of coronavirus prove successful, they will leave an economy in tatters, with small and medium-sized businesses the hardest hit.
Oil prices fell on Thursday following surprise travel restrictions imposed by U.S. President Donald Trump in an attempt to halt the spread of coronavirus after the World Health Organization described the outbreak as a pandemic.
The price of bitcoin has fallen sharply by over 20% this morning. The world’s largest cryptocurrency is now trading at around $6,200 levels, according to data from TradingView. This represents a new low since May 8, 2019.The post Bitcoin plunges to near $6,000 levels, hits new low since May 2019 appeared first on The Block. …read more […]
Clean Energy Fuels Corp. (NASDAQ:CLNE) missed earnings with its latest full-year results, disappointing… …read more […]
Some investors rely on dividends for growing their wealth, and if you’re one of those dividend sleuths, you might be… …read more […]
Oil prices fell on Thursday following surprise travel restrictions imposed by U.S. President Donald Trump in an attempt to halt the spread of coronavirus after the World Health Organization described the outbreak as a pandemic.
Top news and what to watch in the markets on Thursday, March 12, 2020. …read more […]
Royal Dutch Shell Chief Executive Ben van Beurden’s pay package halved last year to 10 million euros ($11.3 million) after the energy company suffered seven deaths and saw a drop in revenue.
Automakers in China are calling on the government to help after industry-wide sales plunged 79% in February to mark their biggest ever monthly decline, with demand pummelled by the coronavirus outbreak.
Royal Dutch Shell Chief Executive Ben van Beurden’s pay package halved last year to 10 million euros ($11.3 million) after the energy company suffered seven deaths and saw a drop in revenue. Van Beurden, who became CEO in 2014, oversaw a sharp growth in Shell’s oil and gas output following the 2016 acquisition of BG Group for $53 billion. Shell said in its annual report that van Beurden’s remuneration dropped by 51% last year compared with 2018, due in part to seven fatalities the company had last year. …read more […]
The bank, which now rates Boeing “neutral”, said the added hit from the coronavirus to airlines made it impossible to stick with its call that investors should wait out the grounding of the company’s 737 MAX planes this year. Boeing said on Wednesday it was freezing new hiring and overtime except in certain critical areas to preserve cash, and the company is also moving to draw down funds from existing loan facilities as it battles the worst crisis in its history. “Our desire to hang in with Boeing until the return of the 737 MAX has worked out …read more […]
European airline stocks already battered by the coronavirus plunged again on Thursday, as a U.S. travel ban on much of continental Europe deepened the sector’s misery and piled pressure on governments to offer emergency support.
The Bank of Japan is ready to take further steps to support the economy in the face of the coronavirus epidemic, Governor Haruhiko Kuroda said after a meeting with Prime Minister Shinzo Abe on Thursday.
Global stocks plunged into a bear market and oil slumped on Thursday after U.S. President Donald Trump banned travel from Europe to stem the coronavirus, threatening more disruption to the world economy.
(Bloomberg) — The stock rout in Asia’s emerging markets is going from bad to worse. After most gauges tumbled into bear territory in the last few weeks, now the plunge is triggering trading halts.Circuit breakers were triggered in Thailand and the Philippines after the benchmark gauges of both countries slumped 10%, the most in Asia. Indonesia, where the stock exchange just tightened its rules, also suspended trading as the Jakarta Composite Index fell 5%.Both the SET Index and the Philippine Stock Exchange Index tanked the most since October 2008, as foreign investors liquidated their equity holdings fast in a region …read more […]
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
