LONDON (Reuters) – Global stock markets rose to four-week highs and the Chinese yuan headed for its best day against the dollar since December on Monday, as investors saw a resurgence in China to boost global growth, even when the growing cases of coronavirus delayed business. -opens in the United …
Read More »Don’t fear a loss from Trump: a Biden victory could be positive for these actions, says JPMorgan
The holiday weekend has done nothing to stem the positive momentum in US stocks. Strong US employment data boosted investors on Thursday and futures are higher early Monday, implying a gain of 350 points for the DIA Jones Industrial Average DJIA, + 0.35% out in the open. But coronavirus cases …
Read More »Trump spends most of his time in the Oval Office watching television, Bolton suggests.
Former President Donald Trump’s national security adviser John Bolton has claimed that the President is more influenced by what is on television than his own advisers. “Well, I think it’s a combination of television and listening to people outside the government that he trusts for one reason or another,” Bolton …
Read More »Chip maker SMIC touts benefits of China’s $ 6.5 billion share listing plan
TAIPEI – Semiconductor Manufacturing International Co.’s Shanghai 46.3 trillion yuan ($ 6.55 trillion) share offering will help the Chinese chipmaker seize a “precious opportunity” in the world’s largest domestic semiconductor market, its president said Monday. SMIC’s intention to list up to 25% of its shares on the Shanghai STAR market …
Read More »Warren Buffett’s Berkshire Hathaway reaches $ 10 billion deal with Dominion Energy for natural gas assets
Warren Buffett’s Berkshire Hathaway struck a $ 10 billion deal to buy Dominion Energy’s natural gas transmission and storage business. The Berkshire energy unit will pay about $ 4 billion in cash and take on $ 5.7 billion in existing debt in exchange for more than 7,700 miles of pipes, …
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