Posts For February, 2020


Wall St. sees biggest weekly slump since 2008 crisis

Stocks fell for a seventh straight session and suffered their largest weekly drop since the financial crisis but ended Friday above their lows after Federal Reserve Chairman Jerome Powell issued a statement. Conway ...


Week ahead: more market turmoil or Fed to the rescue?

After the biggest weekly drop for stocks since the financial crisis, investors in the coming week are looking to see if the market will rebound or add to losses and what will the ...


Fed: "will act as appropriate" on coronavirus impact

Fed Chair Jerome Powell’s statement Friday signals that the central bank will cut interest rates in March, says RegentAtlantic’s Andy Kapyrin. Source: US news

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Breakingviews TV: Carl Icahn

The activist investor looms large in HP’s account of why it rejected a $35 bln takeover approach from rival Xerox. Icahn makes a good case for a merger between the two – but ...


Dow drops more than 1000 points

Wall Street dropped sharply Friday morning as the rapidly spreading coronavirus outbreak raised fears of a global recession. Fred Katayama reports. Source: US news

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Switzerland bans all big events as virus fears mount

Switzerland has banned all events likely to attract more than 1,000 people as it battles to contain the coronavirus. The Geneva Car Show and Swiss football matches are an early casualty. Julian Satterthwaite ...


Tokyo Disneyland to close through mid-March

Tokyo Disneyland will be closed from Saturday to March 15 due to concerns about coronavirus infections spreading in Japan. As Fred Katayama reports, that leaves all of Source: US news

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Ex-Barclays bankers cleared over Qatar fees in blow to UK fraud office

Three former Barclays executives were acquitted in London on Friday of charges they helped funnel 322 million pounds ($418 million) in secret fees to Qatar during the credit crisis, in return for rescue ...


Revival gives Rolls-Royce confidence despite coronavirus

Rolls-Royce has got to grips with a long-running engine problem and enjoyed a strong end to 2019, leaving it well placed to cope with any disruption caused by the coronavirus outbreak, it said ...


European airlines sound alarm over coronavirus impact

British Airways owner IAG, EasyJet and Finnair all sounded the alarm over the coronavirus on Friday. Julian Satterthwaite reports. Source: US news

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