Albert Edwards, a London-based provocative strategist for the French bank society Génrale, has been predicting for decades that the US and Western Europe will follow Japan into an era of deflation and ultrallo bond yields, which he calls the “Ice Age”. Even though some of his warnings about the stock …
Read More »China’s gains in Asian stocks grow, delayed by virus
By Stanley White, Suzanne Berlin TOKYO / NEW YORK (Reuters) – Asian stocks rallied on Friday on gains in China, but the mood remained cautious due to a resurgence of coronavirus infections in Europe and the United States. After the market opens in Tokyo, Japan on October 2, 2020, photographers …
Read More »Noble Energy shareholders approved the sale of 1.41 billion to Chevron
File photo: An aerial view on January 31, 2019, off the coast of Haifa, Israel, in the Mediterranean Sea, showing the newly arrived base platform of the Leviathan natural gas field. By Mark Israel Salem / Pool, Rears / File Photo HOUSTON (Reuters) – Noble Energy shareholders on Friday approved …
Read More »US auto sales showed signs of recovery in the third quarter
U.S. in the third quarter. The recovery of the auto industry gained momentum, with coronavirus-related loos and buyers returning to the show-room from sales by auto manufacturers. Strong demand for trucks and sport-utility vehicles is leading to a comeback, which is happening much faster than expected this summer. Contributing is …
Read More »Global coronavirus deaths exceed one million
The death toll from the coronavirus epidemic reached one million on Saturday, as many countries continue to struggle to eradicate the virus that has overwhelmed health care systems, weighted economies and daily life around the world. Covid-19, a virus-causing disease, kills an average of more than 70,000 people every day …
Read More »