Tag Archives: Euro zone as a whole

Great tobacco, great oil and Buffett join the Fed portfolio

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 »