U.S. President Donald Trump said, data suggests that the United States has passed the peak on new coronavirus infections and that he would soon announce “new guidelines” for reopening the economy later today on Thursday. “The battle continues but the… Read More ›
In a report, the U.S. State Department stated, China may have secretly conducted a low-level underground test explosions nuclear despite being a signatory to an international pact which bans such blasts. The findings, which were first reported by the Wall… Read More ›
With the coronavirus ravaging supply chains, a group representing U.S. manufacturers have had a discussion with Mexican President Andres Manuel Lopez Obrador to maintain and strengthen North America’s existing supply chain so as to provide a sustained and a strong… Read More ›
On Thursday, Man GLG, the discretionary investment arm of asset manager Man Group stated, it has hired Andrew Swan from BlackRock to lead its ex-Japan equities business. Swan will join the company in Sydney during the third quarter. He will… Read More ›
On Wednesday, the French government hiked the expected cost of measures required to support the economy though the coronavirus crisis to $120.6 billion (110 billion euros), said French finance minister Bruno Le Maire. “We are going to go from 45… Read More ›
Facebook is facing yet another lawsuit over its political advertisement policy on its platform. Washington state’s attorney general has filed a second lawsuit against Facebook Inc over political ads saying the social media giant has once again failed to make… Read More ›
In a statement, General Motors Co said, by the end of April it will start producing 1.5 million face masks a month at its Mexican factory, located in the city of Toluca and will aim to produce 9 million masks… Read More ›
On Wednesday, China’s aviation regulator reported, Chinese airlines have reported a total loss of $4.8 billion (33.62 billion yuan) during the first quarter with the coronavirus pandemic having a deep impact on travel demand. In February，Chinese airlines suffered a record… Read More ›
According to veteran emerging markets investor Mark Mobius, global financial markets have probably not yet hit the “absolute bottom”. Therefore Mobius called on investors to keep enough cash at hand so that they can purchase stocks when the market goes… Read More ›
In a statement, Walt Disney Co stated, it has entered into an unsecured credit agreement for $5 billion. The deal comes at a time when companies across industries are scrambling to bolster their liquidity to cope with the fallout of… Read More ›
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