As the clock ticks down to the US presidential election, Money Mind looks into the potential impact of a Trump or Biden victory, and what this means for investors.
While 2020 is the year of COVID-19, it may also coincide with that period in economic history when politics became the greatest risk for global business, says IMD Business School’s Patrick Reinmoeller.
Apple Inc's announcement Thursday that iPhone sales were weaker than expected sent shares down 4per cent even as the tech company's revenue and profit did better than Wall Street expected thanks to booming Mac and AirPods sales.
The US economy grew at a record pace in the third quarter as the government injected more than US$3 trillion worth of pandemic relief which fuelled consumer spending, but the deep scars from the COVID-19 recession could take a year or more to heal.
Google parent Alphabet Inc returned to sales growth in the third quarter as businesses initially hobbled by the COVID-19 pandemic resumed advertising with the internet's biggest supplier of search and video ads, it said on Thursday.
Walmart Inc removed firearms and ammunition from U.S. store floors this week to protect customers and employees as tensions across the country rise, the world's largest retailer said on Thursday.
Amazon.com Inc on Thursday reported record profit for the second consecutive quarter and forecast a jump in holiday sales, as consumers continued to shop more online during the novel coronavirus pandemic.
Starbucks forecast 2021 earnings largely above estimates on Thursday (Oct 29), helped by strong online orders and a recovery in demand following the initial hit from the COVID-19 pandemic.
Twitter Inc on Thursday widely beat analyst expectations for quarterly revenue as ad sales rose with the return of sports and other events, but it added fewer users than Wall Street had expected.
Apple Inc's announcement Thursday that iPhone sales were weaker than expected sent shares down 4per cent even as the tech company's revenue and profit did better than Wall Street expected thanks to booming Mac and AirPods sales.
