Traders wear masks while working on the floor of the New York Stock Exchange as the outbreak of coronavirus disease (COVID-19) continues New York, May 27, 2020. Lucas Jackson | Reuters This is a live blog. Check back for updates. 8:06 am: Bank shares fall when the Fed imposes restrictions …
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Text size Gross margins fell 8.20 percentage points, even with fewer discounts, due to supply chain disruptions and related costs. Timothy A. Clary / AFP via Getty Images Nike shares fell after hours as the sporting goods retailer lost a surprise in its fiscal fourth quarter amid store closings as …
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Christine Lagarde, President of the European Central Bank, believes that the world may have been through the worst of the coronavirus crisis, but said it is unlikely to return to the status quo. Speaking during the Northern Light Summit online on Friday, he said: “We have probably passed the low …
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Letters from payment service provider Wirecard can be seen on a laptop screen Silas Stein | image alliance | fake pictures German shareholders association SdK has filed a criminal complaint against the auditors of the outrageous payments firm Wirecard. SdK’s complaint is directed at two current and one former employee …
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European stocks rose as the Netherlands promised new support for airlines and the German infection rate decreased. US stock futures fell, while the dollar stabilized. Trading volumes were light at the end of a hot summer week in Europe. Air France-KLM rose after securing a bailout from the Dutch government. …
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