Volkswagen, the world's second-largest carmaker, on Friday said it expects revenues and deliveries to rebound strongly in the current year, shrugging off the impact of the coronavirus pandemic.
President Joe Biden is still committed to raising the U.S. minimum wage to US$15 after a key Senate referee ruled the provision could not be included in the COVID-19 relief bill, a top White House economic adviser said on Friday.
President Joe Biden is still committed to raising the U.S. minimum wage to US$15 after a key Senate referee ruled the provision could not be included in the COVID-19 relief bill, a top White House economic adviser said on Friday.
WASHINGTON: Cybersecurity executives are due to face their second round of Congressional questions on Friday over their companies' roles in the sprawling series of digital intrusions blamed on the Russian government. Texas software company SolarWinds Corp's Chief Executive Sudhakar Ramakrishna ...
Bitcoin was headed on Friday for its worst week since March as a rout in global bond markets sent yields flying and sparked a sell-off in riskier assets.
U.S. stock index futures retreated on Friday as lofty tech stocks bled further amid elevated U.S. bond yields and prospects of a spike in inflation.
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Investors piling into tech and financial stocks helped equity funds attract US$46.2 billion in their third-largest inflow on record in the week to Wednesday while inflation linked bonds also shone, BofA's weekly fund flow data showed on Friday.
Oil prices will stage a steady recovery this year as vaccines reach more people and speed an economic revival, with further impetus coming from stimulus and output discipline by top crude producers, a Reuters poll showed on Friday.
Brazil's shake up of state-run oil firm Petrobras has caused shockwaves at home but may also prompt some bond investors to rethink their US$1 trillion-plus exposure to other government-controlled companies across emerging markets.
