Author Archives: Syndicated Content
Dow, S&P 500 futures dip at end of strong month; jobless data eyed
By C Nivedita (Reuters) - Dow and S&P 500 stock index futures dipped on Thursday at the end of a strong month for Wall Street, with investors nervous about another stunning jobless claims figure, whil...
Apr 30, 2020
Europe’s falling angels pin hopes on $33 billion ECB redemption
By Yoruk Bahceli LONDON (Reuters) - Coronavirus lockdowns have put corporate bonds totalling around 30 billion euros ($32.6 billion) at immediate risk of dropping into junk debt ratings and losing ECB...
Apr 30, 2020
Funds suggest cutting stocks, expect U-shaped global economic recovery: Reuters poll
By Rahul Karunakar BENGALURU (Reuters) - Global funds recommended an increase in bond holdings to the highest level in seven years, at the expense of stocks, and said the recovery in the coronavirus-h...
Apr 30, 2020
ConocoPhillips swings to loss on oil price slump, impairments
(Reuters) - U.S. oil and gas company ConocoPhillips swung to a first quarter loss on Thursday as it took big hits from impairments and the falling value of its stake in Canadian producer Cenovus Energ...
Apr 30, 2020
Companies on China’s STAR hi-tech market post profit growth amid pandemic
By Luoyan Liu and Andrew Galbraith SHANGHAI (Reuters) - Companies listed on China's new Nasdaq-style STAR Market posted combined profit growth in the first quarter as Beijing looks to bolster its tech...
Apr 30, 2020
Prada has gradually reopened production from April 20, will use antibody tests
(Reuters) - Italy's Prada said on Thursday it had gradually reopened production in several sites across Italy after almost two months of lockdown imposed to contain the spread of coronavirus. The fash...
Apr 30, 2020
Berlin’s battle scars linger 75 years after Nazi defeat
By Madeline Chambers BERLIN (Reuters) - Germany has been forced to cancel public events to mark the 75th anniversary of the end of World War Two in Europe but Berliners need no ceremonies to remember ...
Apr 30, 2020
Tennis: Germany’s Brown heads cast as live action resumes
(Reuters) - The ATP and WTA Tours remain on hold because of the COVID-19 pandemic but professional tennis resumes on Friday with the first in a televised series of exhibition events in Germany. The Te...
Apr 30, 2020
Comcast first-quarter broadband growth tops views, coronavirus hurts advertising
By Helen Coster (Reuters) - Comcast Corp on Thursday reported its best quarter of broadband net additions in 12 years, but revenue fell shy of Wall Street's estimate as the coronavirus pandemic hurt a...
Apr 30, 2020
Twitter sales top estimates, sees rebound from Asia’s eased coronavirus rules
By Paresh Dave and Elizabeth Culliford OAKLAND, Calif. (Reuters) - Twitter Inc on Thursday said its ads sales slightly rebounded in Asia after a plunge due to the coronavirus outbreak and it had accel...
Apr 30, 2020
