Don’t bet against the U.S. market, it’s likely going higher, BlackRock’s Rieder says
The U.S. stock market’s two-day tech-led fall last week has revived investor worries about a spiral of selling that could crash the broader market, but Rick Rieder, head of...
Brexit back in crisis as UK threatens to undercut divorce pact
Britain’s tortuous divorce from the European Union veered into fresh crisis on Monday after London threatened to undermine the exit agreement unless free trade terms are agreed by next...
No-trade deal Brexit fears rise as talks stuck on state aid
The chances of Britain leaving the European Union without a trade deal have risen sharply as negotiations have been threatened by London’s insistence that it have full autonomy over...
What you need to know about the coronavirus right now
Here’s what you need to know about the coronavirus right now:
White House slams “corrupt” WHO
The White House pushed back on concerns...
AstraZeneca bolsters COVID-19 vaccine supply with new deal
AstraZeneca (AZN.L) has expanded its agreement with cell therapy firm Oxford Biomedica (OXB.L) to mass-produce its COVID-19 potential vaccine, as it looks to scale-up supply ahead of a possible...
S&P 500 hits record high at open for sixth straight session
The S&P 500 hit a record high at the open on Monday for the sixth straight session, as bets on an economic revival due to prolonged central bank support...
European shares rise on oil gains, French utility plays
European shares rose on Monday as heavyweight oil and gas players were supported by higher crude prices and merger talks in major French utilities saw the sector outperform regional...
Yen hits new session highs after Abe resignation; dollar weakened by Fed
The Japanese yen hit session highs versus the dollar on Friday, buoyed by news that Prime Minister Shinzo Abe will resign, while the dollar dropped after the U.S. Federal...
Rolls-Royce targets asset sales to boost pandemic-hit finances
British aero-engines maker Rolls-Royce (RR.L) plans to sell Spanish unit ITP Aero and other assets to raise at least 2 billion pounds ($2.6 billion) to boost a balance sheet...
Ex-BoE Governor Carney to head green investments at Canadian asset manager Brookfield
Former Bank of England Governor Mark Carney is joining Canadian asset management company Brookfield (BAMa.TO) to head its green investment programme, in his first major business role since leaving...