Author Archives: Syndicated Content
Explainer: How will Britain pay for coronavirus borrowing?
By David Milliken LONDON (Reuters) - British government borrowing is soaring to levels not seen since World War Two, something Prime Minister Boris Johnson and his finance minister Rishi Sunak will tr...
Jun 09, 2020
Prepping portfolios for next market storm? Not just gold and govvies
By Saikat Chatterjee and Dhara Ranasinghe LONDON (Reuters) - G7 government bonds? Check. Gold? Check. But that may not be enough as the coronavirus crisis accelerates a hunt for a wider pool of assets...
Jun 09, 2020
What you need to know about the coronavirus right now
(Reuters) - Here's what you need to know about the coronavirus right now: Not the time to take foot off pedal More than 136,000 new coronavirus cases were reported worldwide on Sunday, the most in a s...
Jun 09, 2020
Australian state lets sports fans back in stadiums as COVID-19 cases slow
SYDNEY (Reuters) - As Australia moves ahead with relaxing a lockdown to curb the spread of the coronavirus, a state government gave the all clear for more than 2,000 fans to attend an Australian Rules...
Jun 09, 2020
Goldman Sachs expects oil rally to run out of steam soon
(Reuters) - Oil prices are likely to pull back in the coming weeks due to the uncertain path of future demand and a "daunting" inventory overhang, Goldman Sachs said in a note dated Monday. "The colla...
Jun 09, 2020
Indonesia says quake hits south of Buru island, no tsunami risk
JAKARTA (Reuters) - An earthquake with a 6.0 magnitude struck south of Buru Island in the Moluccas Islands province in eastern Indonesia, the country's meteorology, climatology and geophysical agency ...
Jun 09, 2020
Virginia judge blocks governor’s demand to pull down Confederate statue
(Reuters) - A judge in Richmond, Virginia, on Monday issued a 10-day injunction against Governor Ralph Northam's decision to remove a statue of Confederate General Robert E. Lee from the city, accordi...
Jun 09, 2020
In New Zealand, shopping, parties and big hugs mark start of ‘COVID-free’ life
By Praveen Menon WELLINGTON (Reuters) - New Zealanders hugged and kissed, shopped, and planned parties on Tuesday as the country took off all coronavirus restrictions for the first time in more than t...
Jun 09, 2020
Once bitten, not shy: Investors again seek margin loans as stocks rally
By Megan Davies and Sumeet Chatterjee NEW YORK/HONG KONG (Reuters) - Global banks are seeing renewed appetite from wealth management clients to borrow money to buy stocks as markets rebound, bankers s...
Jun 09, 2020
Exclusive: Chanel, Revlon, L’Oreal pivoting away from talc in some products
By Martinne Geller and Lisa Girion LONDON/LOS ANGELES (Reuters) - Chanel, Revlon and L'Oreal, three of the biggest brands in cosmetics, are quietly moving away from using talc in some products as U.S....
Jun 09, 2020
