REUTERS: U.S. stock index futures edged higher on Friday as investors bet on more official stimulus to drive a post-pandemic economic revival, even as COVID-19 cases saw another record rise at home. BlackRock Inc, the world's largest asset manager, rose 1.8per cent in premarket trading after ...
Major U.S. bank executives this week said they extended forbearance programs to millions of credit card, auto loan and mortgage customers who were financially hard hit by the coronavirus pandemic.
Retail investing is having a moment. Major U.S. brokerages that reported quarterly results this week cheered the self-directed day trading happening on their platforms as individuals with a bit of extra money and time on their hands during the coronavirus pandemic have been engaging more in markets.
BERLIN: The U.S. payments company Stripe is picking up some former Wirecard customers, an executive told Reuters. "It is difficult to count the impact of Wirecard, but we know that some former Wirecard customers switched to Stripe," said Matt Henderson, who oversees Europe, the Middle East and ...
EU antitrust regulators have temporarily suspended their investigation into the London Stock Exchange's US$27 billion bid for data and analytics company Refinitiv while waiting for the companies to provide requested data.
BlackRock Inc , the world's largest asset manager, reported a 21per cent jump in quarterly profit on Friday, as investors poured money into its fixed-income funds and cash management services.
Lyft Inc said on Friday it would distribute some 60,000 vehicle partition shields to its most-active drivers as a protection against the coronavirus and begin selling the custom-made protective barriers to other drivers later this summer.
Indonesian tycoon Anthoni Salim narrowly won shareholder backing on Friday for a US$3 billion takeover transaction between companies he controls, overcoming criticism about the deal's valuation and questions about corporate governance.
European Union leaders were meeting in Brussels on Friday to battle over a proposed multi-billion euro stimulus package, which investors, activists and lawmakers said would need strict rules to guarantee a "green" recovery from the coronavirus pandemic.
TOKYO: Japan will look closer into whether to issue central bank digital currencies (CBDCs) in future, the government said in its annual policy roadmap, a sign that Tokyo may be warming to the idea as the coronavirus heightens demand for cashless payments. In its first-ever reference to digital ......
