FILE PHOTO: The Huawei headquarters building is shown in Reading, Great Britain, July 14, 2020. REUTERS / Matthew Childs / File Photo HONG KONG (Reuters Breakingviews) – Huawei could starve to death before selling offshore assets. The Chinese telecommunications kit maker is under renewed attack from Downing Street to Washington. …
Read More »Oil falls on concerns about falling fuel demand as coronavirus infections rise
President and CEO of Dallas Federal Reserve Bank Robert Kaplan says many CEOs are taking a wait-and-see approach in the energy sector. TOKYO (Reuters) – Oil prices fell on Monday amid concerns that a recovery in fuel demand could be affected by an increase in the rate of coronavirus infections …
Read More »China’s Ant Group will go public on the Shanghai-Hong Kong dual list
Eric Jing, CEO of Ant Financial Bobby Yip | Reuters Chinese financial technology firm Ant Group has begun the process of a concurrent initial public offering in Shanghai and Hong Kong. Ant, a subsidiary of e-commerce giant Alibaba, said Monday it would list its shares on both the STAR of …
Read More »Why the Next Decade of Stock Market Returns Could Blow Up Expectations: Morning Brief
Receive the Morning Brief sent directly to your inbox every Monday through Friday at 6:30 am ET. Subscribe S&P 500 turnover is bullish unpredictable Could the stock market generate extraordinary returns over the next decade? As we have written before, some of the most widely followed stock market forecasters believe …
Read More »Republican leaders request unemployment benefit support of $ 200 to $ 400 per week
WASHINGTON, DC – MARCH 20: Senate Majority Leader Mitch McConnell (R-KY) leaves a Republican Senate lunch … [+] gathered in the Senate Russell office building on Capitol Hill on March 20, 2020 in Washington, DC. Lawmakers and Trump administration officials are in negotiations over the phase 3 coronavirus stimulus bill, …
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