Thursday, March 28, 2024
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Wall Street set to rise on stimulus hopes; Fed meet in focus

U.S. stock indexes were set to gain on Tuesday as progress toward a massive government spending bill and COVID-19 relief measures kept spirits high, while investors awaited new economic...

AstraZeneca shares fall on “hefty” $39-billion Alexion deal

AstraZeneca shares fell as much as 9% on Monday, as investors moved to price in the costs of a $39 billion deal for U.S. biotech company Alexion Pharmaceuticals that...

Insurers jostle to give dealmakers cover for when things go wrong

A record rebound in merger activity this year and a rise in litigation has brought with it an upsurge in insurance policies that give companies and private equity firms...

Bank of England says has full armoury to deal with any Brexit disruption

The Bank of England took steps on Friday to keep banks lending through 2021 as Britain copes with the COVID-19 pandemic, saying it was ready to deal with any...

What you need to know about the coronavirus right now

Here’s what you need to know about the coronavirus right now: U.S. daily deaths top 3,250 The United States on Wednesday crossed an...

UK PM Johnson warns EU over Brexit trade talks: back down or it’s no-deal

British Prime Minister Boris Johnson warned the European Union on Wednesday it must scrap demands which he says are unacceptable if there is to be a Brexit trade deal...

European shares look to Brexit trade talks for direction

European shares were little changed on Tuesday, as hopes of a Brexit trade deal faded amid a last-ditch attempt to find a solution, while rising coronavirus cases spurred talks...

Dollar near 2018 lows as traders eye more US stimulus; sterling sheds 1%

The U.S. dollar index remained near Friday’s two-and-a-half-year low on Monday after weak U.S. jobs data heightened expectations of economic aid, while sterling sank as Britain and the European...

U.S. job growth slows sharply; long-term unemployment rises

The U.S. economy added the fewest workers in six months in November, hindered by a resurgence in new COVID-19 cases that, together with a lack of more government relief...

Equities inch higher to new records despite fears of pandemic spike

World equity benchmarks inched higher along with safe haven assets such as gold and U.S. Treasury bonds on Thursday as hopes for a vaccine-led economic recovery offset warnings the...