Markets Archives • Page 8507 of 11435 • Financial News

Markets

S&P 500, Nasdaq at record highs as stimulus bets offset higher jobless claims

:Wall Street's main indexes were set to gain on Thursday on increased optimism over a coronavirus stimulus bill, while an unexpected rise in weekly jobless claims pointed to further economic stress from the COVID-19 pandemic.

Markets

Mercedes Benz ends luxury car prodution in Brazil, shutting down small plant

Mercedes Benz said on Thursday that it would wind down car production in Brazil, shutting down its small factory dedicated to producing luxury vehicles in the city of Iraccemapolis, costing some 370 jobs.

Markets

Drugmakers should cut COVID-19 vaccine prices for Africa – Africa CDC

Pharmaceutical companies should sell COVID-19 vaccines to African countries at discounted rates and allow them to be produced locally to potentially cut costs, the head of the continent's disease control body said on Thursday.

Markets

Robinhood to pay US$65 million fine to settle SEC charges of misleading customers

Popular online brokerage Robinhood has agreed to pay a US$65 million fine to settle U.S. Securities and Exchange Commission charges that it misled customers.

Markets

EU antitrust regulators clear US$2.1 billion Google, Fitbit deal

EU antitrust regulators on Thursday approved with conditions Alphabet unit Google's US$2.1 billion bid for Fitbit after the world's most popular internet search engine pledged not to hinder rivals and also not to use Fitbit's health data for its advertising.

Markets

US weekly jobless claims increase further

The number of Americans filing first-time claims for jobless benefits unexpectedly increased last week as a relentless surge in new COVID-19 infections hobbled business operations, offering more evidence that the economy's recovery from the pandemic recession was faltering.

Markets

Futures gain on stimulus hopes ahead of jobless claims

REUTERS: U.S. stock index futures rose on Thursday on increased hopes of imminent signing of a coronavirus stimulus bill, while investors kept an eye out for economic cues from weekly unemployment data due later in the day. Negotiations were underway in Congress late on Wednesday over the ...

Markets

Samsung works its way into European 5G race to fill Huawei gap

European mobile operators are starting to consider Samsung Electronics, long seen as a non-starter, in the race to replace China's Huawei as the supplier of their fledgling 5G systems, although early talks suggest it will still be an uphill struggle.

Markets

EU watchdog sets out ‘evolutionary’ change to insurance capital rules

The European Union's capital rules for insurers need changing to reflect low interest rates and the need stronger supervisory powers to tackle risks, the bloc's insurance watchdog said on Thursday.

Markets

Swiss National Bank sees no alternative to expansive policy to tackle COVID-19

The Swiss National Bank paid no heed to being branded a currency manipulator by the United States, promising on Thursday to continue an expansive monetary policy and forex interventions it said were vital to cushion the impact of the coronavirus pandemic.

Markets

Most Viewed

Trending Now