BRUSSELS (Reuters) – Dutch Prime Minister Mark Rutte held out against his European Union counterparts on Saturday as negotiations on a massive stimulus fund came to a second day and authorities predicted a difficult road ahead. Dutch Prime Minister Mark Rutte speaks with Swedish Prime Minister Stefan Lofven, Austrian Chancellor …
Read More »EU leaders stalled over COVID recovery plan after day of haggling
BRUSSELS (Reuters) – EU leaders failed to make progress on Friday on negotiations over a massive stimulus plan to bring to life the economies devastated by the coronavirus pandemic, returning to their Brussels hotels shortly before midnight to rest and try again in the morning. Many of the 27 bosses …
Read More »BlackRock profit beats Street estimates as markets recover
(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 »BlackRock profit beats Street estimates as markets recover
(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 »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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