WASHINGTON (Reuters) – The United States Federal Reserve bought $ 428 million in bonds from individual companies through mid-June, making investments in names known as Walmart and AT&T, as well as in major oil companies, tobacco giant Philip Morris. International Inc and a utility subsidiary of billionaire holding Warren Buffett’s …
Read More »Germany’s embattled Wirecard to continue business after insolvency
BERLIN (Reuters) – Wirecard, the German scandal payments company, said on Saturday that it will continue commercial activities after filing for bankruptcy and hopes that judicial authorities will soon appoint a provisional administrator. FILE PHOTO: The headquarters of Wirecard AG, an independent provider of outsourcing and private label solutions for …
Read More »Dollar earnings from coronavirus, tariff concerns
NEW YORK (Reuters) – The dollar rose on Wednesday as a surge in coronavirus cases in the United States weighed in on optimism about a rapid economic recovery, and as the United States weighed tariffs on European products. FILE PHOTO: US dollar bills are seen in this image illustration from …
Read More »The euro raises with optimistic data, Trump says that the Chinese trade agreement is still intact
NEW YORK (Reuters) – The euro rose to one-week highs after positive economic data on Tuesday, while the Australian dollar and other riskier currencies strengthened after US officials confirmed that the U.S.-China trade deal it remained intact. FILE PHOTO: The signature of the President of the European Central Bank (ECB), …
Read More »Euro rises on positive data, United States says China trade deal still on track
LONDON (Reuters) – The euro rose to the highest in a week after positive economic data on Tuesday, while other currencies also rose after White House trade adviser Peter Navarro backed down in his comment that the trade deal United States with China had “finished”. FILE PHOTO: Saudi riyal, yuan, …
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