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Tag: Featured


Industries, Others

Carnival and Cruise Industry Scramble to Survive

April 7, 2020

Via: The New York Times

First, there was the Diamond Princess, stranded off the coast of Japan as the coronavirus infected hundreds of passengers. Then the Westerdam, circling in the sea for days with nowhere to dock. Then the Grand Princess, the Costa Luminosa and […]


Energy, Industries

Oil Companies Are Collapsing, but Wind and Solar Energy Keep Growing

April 7, 2020

Via: The New York Times

A few years ago, the kind of double-digit drop in oil and gas prices the world is experiencing now because of the coronavirus pandemic might have increased the use of fossil fuels and hurt renewable energy sources like wind and […]


Energy, Industries

Energy stocks propel broader market higher as crude soars on hopes for a Saudi-Russia truce

April 2, 2020

Via: USA TODAY

Energy stocks propelled the broader stock market higher Thursday, driven by a surge in crude prices on hopes that Saudi Arabia and Russia could step back from their price war. The Dow Jones industrial average jumped 300 points, a day […]


Finance Tech, Liquidity

Gold attempts to bounce higher to start April, second quarter amid coronavirus spread

April 1, 2020

Via: Market Watch

Gold futures were attempting to regain some traction higher on Wednesday to start the new month and quarter, amid expectations of increasingly poor economic data due to the COVID-19 pandemic which has helped to partly support gold buying or at […]


News

Huawei sees 2020 as most difficult and challenging year due to blacklisting by US

March 31, 2020

Via: TechRadar

Huawei Technologies rotating Chairman Eric Xu said that 2020 will be the most difficult and challenging year for the company despite reporting a 19.1% increase in revenues and a 5.6% in net profit in 2019. In a virtual press conference […]


Capital, Finance Tech, Trading

Profits of airline, travel and oil companies will be hardest hit by COVID-19

March 30, 2020

Via: USA TODAY

Sheltering in place, shutting down large parts of the economy and skyrocketing job losses due to coronavirus are bad for America’s health, the economy and for corporate profits. So be prepared for unsettling news when companies start reporting how much […]


Financial Services, Industries

JPMorgan says the coronavirus market rout has probably hit bottom already

March 30, 2020

Via: Fortune

Strategists at JPMorgan Chase & Co. have concluded that most risk assets — a universe that typically includes stocks and credit — have seen their low points for the recession that’s gripped economies around the world. Conditions that JPMorgan had […]


Finance Tech, Liquidity

Treasury yields struggle for direction as stimulus hopes contend against virus fears

March 25, 2020

Via: Market Watch

U.S. Treasury yields edged up in choppy trading on early Wednesday as investors struggled to balance news of a $2 trillion fiscal stimulus package agreement against broader worries about the ongoing infection rate and death toll from the COVID-19 pandemic. […]


Industries, Retail & Wholesale

Target sales jump 20% as shoppers stock up to face coronavirus

March 25, 2020

Via: Fortune

Americans stocking up on essentials as they hunker down during the ongoing coronavirus outbreak have sent sales at Target way up so far in March, even as the crisis creates various new challenges for the discount retailer. Target, considered an […]


Finance Tech, Liquidity

Gold prices extend rally, surge by most in 11 years amid tight supplies and regime of limitless stimulus

March 24, 2020

Via: Market Watch

Gold prices were on track to surge by the most in more than a decade as the precious metal extended its rally to start the week, following the closure of gold mining operations and moves by the Federal Reserve to […]