The Rolls-Royce Cullinan at the 2019 Geneva International Motor Show. Martyn Lucy | fake pictures Organizers of the Geneva Motor Show in Europe have canceled next year’s event due to the coronavirus pandemic and plan to sell the annual meeting to the local conference center that houses the Swiss motor …
Read More »The main oil tanker Shell will amortize up to $ 22 billion of assets in the second quarter
A detailed view of a Shell service station sign showing the low price of $ 1.69 per gallon, the result of the coronavirus outbreak (COVID-19) on March 31, 2020 in Jacksonville, Fl. David Rosenblum | Icon Sportswire | fake pictures Oil giant Royal Dutch Shell said Tuesday it will reduce …
Read More »Treasury pulls out when Fed Fed warns of prolonged uncertainty
US government debt prices rose Tuesday morning after Federal Reserve Chairman Jerome Powell emphasized the lingering uncertainty facing the US economy, as cases of Coronaviruses soar in numerous states. Around 2:05 am ET, the yield on the benchmark 10-year Treasury bond was 0.6283% lower and the yield on the 30-year …
Read More »China says its manufacturing activity expanded in June, but headwinds remain
China said Tuesday that manufacturing activity expanded in June with the Purchasing Manager’s official index reaching 50.9. Economists polled by Reuters expected the official manufacturing PMI number to hit 50.4. PMI readings above 50 indicate expansion, while those below this level indicate contraction. In May, the official manufacturing PMI reached …
Read More »How to deal with financial stress and anxiety during difficult times
Protesters donned masks during a demonstration to show solidarity with the Black Lives Matter movement. China News Service There is no doubt that Americans feel stressed and anxious these days. Money worries hit hard when the coronavirus pandemic disrupted the economy. There are also fears about the virus itself, as …
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