Business News
Lufthansa to offer coronavirus testing at German airports
German airline group Lufthansa plans to offer coronavirus tests at airports in Frankfurt and Munich, a spokesman said on Friday.
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Business News
World shares stem losses, oil gains as fresh lockdown fears fade
Global shares pared losses on Friday while oil prices reversed course and edged higher as fears of fresh lockdowns of economies to combat the coronavirus faded.
Business News
Special Report: How China got shipments of Venezuelan oil despite U.S. sanctions
Last year, China replaced the United States as the No. 1 importer of oil from Venezuela, yet another front in the heated rivalry between Washington and Beijing.
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Special Report: How China got shipments of Venezuelan oil despite U.S. sanctions
Last year, China replaced the United States as the No. 1 importer of oil from Venezuela, yet another front in the heated rivalry between Washington and Beijing. The United States had imposed sanctions on Venezuela’s state-owned oil company as part of a bid to topple that country’s socialist president, Nicolas Maduro. U.S. refineries stopped buying Venezuelan crude. …read more […]
Trading Ideas
Cheap Tech Stocks to Watch in June 2020
Cheap tech stocks can be a double-edged sword. On the plus side, you don’t have to spend a lot of capital to get into them. And they can reap huge rewards for you.
On the negative side, cheap tech stocks can be highly volatile and risky. You can make a lot of money, but you can also lose a lot of money, and quickly.
The key is betting on the right stocks with a high likelihood of earning a good return over time. This means looking for quality companies that have good future prospects but are currently undervalued by the market. Such …read more […]
Business News
Futures climb after Wall Street’s worst day in three months
U.S. stock index futures surged about 2% on Friday, pointing to a quick rebound for Wall Street from its biggest one-day dive in about three months on fears of a resurgence in coronnavirus infections.
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Business News
What rebound? North Dakota in economic crunch as virus batters oil, agriculture
When the novel coronavirus first appeared in the United States, North Dakota was in the envious position of having more money in its state coffers than it had budgeted.
Business News
Oil set to end week lower on coronavirus resurgence fears
Oil prices edged higher on Friday but were on track for their first weekly fall in seven as new U.S. coronavirus cases spiked, raising the prospect of a second wave hitting demand.
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4 reasons the market sold off on Thursday: Morning Brief
Top news and what to watch in the markets on Friday, June 12, 2020. …read more […]
Business News
U.S. manufacturers struggle to keep workers in face of weak demand
Cheryl Wellman was able to bring back most of her furloughed workers last month with the help of a special government loan.
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BA, Ryanair and EasyJet launch fight over 'devastating' quarantine plan
BA, Ryanair and EasyJet are challenging plans to force inbound travellers to self isolate for 14 days. …read more […]
Business News
EU regulators to decide on Alstom, Bombardier deal by July 16
EU antitrust regulators have set a July 16 deadline for a decision on whether to clear French TGV high-speed train maker Alstom’s bid for Bombardier Inc’s rail division, according to a filing on the European Commission website.
Business News
SoftBank share buybacks near $3 billion despite May slowdown
SoftBank’s share buybacks slowed in May, a company filing showed on Friday, although total purchases to support its share price since March reached 312 billion yen ($2.9 billion).