• Follow us

Economy

SoftBank Group's share rally ends after Moody's downgrade

SoftBank Group Corp's shares fell 8% in early trade on Thursday, ending a 55% rally in the stock, after Moody's downgraded the tech conglomerate'sRead More



Leave A Comment

More News

Reuters: Business News

Jobless Americans to see extra payments as soon New! 2020-04-07 17:17:59Americans who have lost their jobs due to the coronavirus outbreak will start getting enhanced jobless benefits as soon as this week as states deploy

Jack Dorsey pledges $1 billion of his Square New! 2020-04-07 17:15:46Twitter Inc Chief Executive Officer Jack Dorsey on Tuesday pledged $1 billion of his stake in Square Inc , the payments processor that he co-founded

Oil drops on growing crude glut, doubts over New! 2020-04-07 17:11:15Oil slumped on Tuesday in the face of swelling crude supplies and weak fuel demand due to the coronavirus pandemic, while investors also grew cautious

White House looks to bolster small business lending New! 2020-04-07 16:51:43The White House hopes Congress will nearly double the size of its program to support ailing small businesses by the end of the week, as some of the na

Trump administration seeks $250 billion more in aid New! 2020-04-07 16:51:43The Trump administration on Tuesday asked Congress for an additional $250 billion in emergency economic aid for small U.S. businesses reeling from the

Oil drop saps gains as Wall Street fades New! 2020-04-07 16:51:40Wall Street fell on Tuesday, as a drop in oil prices steepened in the latter stages of the session and erased early gains built on tentative signs tha

Amazon piloting disinfectant fog at New York warehouse New! 2020-04-07 16:49:17Amazon.com Inc told Reuters it is piloting the use of disinfectant fog starting on Tuesday at a warehouse in Staten Island, New York, within days of

U.S. Treasury liquidity on the mend, but without New! 2020-04-07 16:47:22Some measures of liquidity in the $17 trillion U.S. Treasury market are almost back to normal, thanks to the Federal Reserve's giant purchases, after

U.S. SEC issues compliance focus areas for brokers New! 2020-04-07 16:29:47The head of the examination office at the U.S. Securities and Exchange Commission (SEC) on Tuesday published details about the expected scope and cont

Exxon could delay third Guyana project as government New! 2020-04-07 16:15:50Exxon Mobil Corp said on Tuesday that production at the Payara project, its third development in Guyana, could be postponed due to delays in governme

Exxon lops 30% off 2020 spending, deeper and New! 2020-04-07 16:15:50Exxon Mobil Corp on Tuesday throttled back investment in shale, natural gas and deep water production, cutting planned capital spending by 30% this y

BlackRock's Aladdin investment management platform to be hosted New! 2020-04-07 16:03:23BlackRock Inc, the world's largest asset manager, has partnered with Microsoft Corp to have its Aladdin investment and risk management system hosted

BBC News - Business

Investors warned not to rush into travel and New! 2020-04-07 23:20:56Cinema chain Cineworld's share price rocketed almost 50% while cruise ship operator Carnival rose 22%.

Facebook releases couples-only messaging app New! 2020-04-07 21:01:09The new service claims to be a "private space" for couples but has the same data privacy policy as Facebook.

Job Retention Scheme may cost three times initial New! 2020-04-07 19:49:55The UK's Job Retention Scheme may cost £30-40bn over three months, according new analysis

Coronavirus: Three perspectives on furloughing New! 2020-04-07 19:09:17Three people react to the furloughing scheme put in place in response to the coronavirus outbreak.

Coronavirus: 'The money isn’t coming in quick enough' New! 2020-04-07 19:02:02The boss of DW Fitness First, Martin Long, says he's worried about paying his monthly wage bill

Lufthansa makes 'permanent' cuts as travel plunges New! 2020-04-07 19:01:32The German airline will close its Germanwings service and de-commission more than 40 aircraft.

Coronavirus: What’s life like when you're on furlough? New! 2020-04-07 19:01:26With growing numbers of people being furloughed, how is this affecting them and their employers?

Coronavirus: Twitter boss pledges $1bn for relief effort New! 2020-04-07 18:23:37Jack Dorsey said he would give 28% of his wealth towards efforts to "disarm" the pandemic.

Investors seize on positive news but rally fades New! 2020-04-07 17:44:38US shares shed gains after a global stock market rally.

Coronavirus: 'I was asked for £430 a month New! 2020-04-07 15:26:06Many nurseries are closed, but some are still asking parents to continue to pay a monthly fee

Coronavirus: Holland & Barrett keep stores open despite New! 2020-04-07 13:55:21Staff have set up a petition, pleading with management to close stores over safety concerns.

Coronavirus: Four out of five people's jobs hit New! 2020-04-07 13:25:05The global economic impact of coronavirus could leave nearly 200 million people jobless, a UN agency says.

Economy

Dimon sees 'bad recession' after 'bad planning' for 2020-04-06 09:20:01The JPMorgan Chase CEO took a veiled swipe at the Trump administration and other U.S. leaders for failing to prepare for the outbreak.

Dems find a rallying cry: Trump tanked the 2020-04-06 04:29:23Framing a coherent economic argument that all the party’s factions can rally around is proving thorny.

Trump’s biggest 2020 pitch disintegrates 2020-04-03 11:24:33In just weeks, the president’s challenge has morphed from building on his predecessor’s economic record to rebuilding his own.

When Can America Reopen From Its Coronavirus Shutdown? 2020-04-02 19:55:08The answer depends how you weigh human health against the economy. We asked experts how to think about the tricky calculus.

The corporate bailout doesn't include the limits Democrats 2020-04-02 12:40:48Democrats promised strict limits on what corporations can do with the half-trillion dollars in loan money they're getting. But the Fed doesn't have

How Congress will keep an eye on $2 2020-04-01 19:52:48The rescue package establishes a series of oversight tools intended to guard against corruption.

Economists pan Pelosi’s proposal to lift cap on 2020-03-31 19:28:39The move wouldn’t give the economy much of a boost, they say.

House passes $2 trillion coronavirus package — but 2020-03-27 10:57:08Republican Rep. Thomas Massie threatened to delay passage of the bill.

‘Just damage containment’: Cost of the coronavirus shutdown 2020-03-26 18:42:43Millions of Americans are out of work, most others are slashing their spending and businesses are getting crushed.

How the $2 trillion deal came together — 2020-03-26 01:14:20Inside McConnell, Schumer and Mnuchin’s race to rescue the economy.

‘Have We Learned Nothing?’ 2020-03-25 12:56:32The Dems' Christmas-tree bailout pitch isn’t going anywhere, but tells us a lot about what we might be headed for.

The unthinkable: Is it time to shut down 2020-03-24 04:30:08Even lawmakers have started suggesting it's time for Wall Street to press pause to help calm the waters.


Disclaimer and Notice:WorldProNews.com is not responsible of these news or any information published on this website.