(Reuters) – BlackRock Inc (BLK.N) The results beat Wall Street estimates on Friday, aided by investors who turned to the world’s largest asset manager’s bond funds in the second quarter, as global financial markets rebounded strongly from a brutal liquidation triggered by COVID in March. FILE PHOTO: People are seen …
Read More »Wall Street to open higher on optimism about economic recovery
(Reuters) – Major Wall Street indexes would open higher on Friday as investors bet on further official stimulus to fuel a post-pandemic economic revival, even as the COVID-19 cases saw yet another record increase in the country. FILE PHOTO: Traders Wear Masks While Working on the Floor of the New …
Read More »7.0 magnitude earthquake strikes Papua New Guinea, tsunami risk fades
(Reuters) – A “dangerous tsunami wave” warning was briefly issued for coastal regions within 300 kms (186.41 miles) of Wau in northeast Papua New Guinea, after a magnitude 7.0 earthquake struck the region. said the U.S. Pacific Tsunami Warning Center. The earthquake occurred at approximately 12.50 pm local time, at …
Read More »7.0 magnitude earthquake strikes Papua New Guinea, tsunami risk fades
(Reuters) – A “dangerous tsunami wave” warning was briefly issued for coastal regions within 300 kms (186.41 miles) of Wau in northeast Papua New Guinea, after a magnitude 7.0 earthquake struck the region. said the U.S. Pacific Tsunami Warning Center. The earthquake occurred at approximately 12.50 pm local time, at …
Read More »Bank of America benefits more than half as bad loan threat looms
(Reuters) – Bank of America Corp saw its earnings more than half in the second quarter as it set aside $ 5 billion against future credit losses in what its top boss called the “most tumultuous period since the Great Depression.” FILE PHOTO: A Bank of America building is seen …
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