Thomson Reuters Kodak’s shares rose 200% on Tuesday after the camera company obtained a $ 765 million government loan to manufacture drug ingredients in response to the pandemic. The group plans to launch a pharmaceutical division that will produce essential drug components currently in “chronic national shortage.” President Trump touted …
Read More »Boeing (BA) Q2 2020 Reports Earnings, Warns of New Job Cuts
Boeing said on Wednesday it plans to cut production from planes and warned of further reductions in its workforce as the impact of the coronavirus pandemic affects demand for air travel. The pandemic has caused financial losses for Boeing airline customers and has affected demand for new aircraft. Boeing was …
Read More »European stocks rise as investors wait for Fed meeting
LONDON (Reuters) – European stocks rose on Wednesday, but a resurgence of COVID-19 cases kept investors cautious as they awaited news of the latest US Federal Reserve policy meeting. FILE PHOTO: People pass the offices of the London Stock Exchange Group in the city of London, Great Britain, on December …
Read More »European stocks rise, but investors cautious ahead of Fed meeting
LONDON (Reuters) – European stocks rose slightly on Wednesday after mixed earnings reports, but the resurgence of COVID-19 cases kept investors cautious as they awaited news from the US Federal Reserve. FILE PHOTO: People pass the offices of the London Stock Exchange Group in the city of London, Great Britain, …
Read More »European stocks rise, but investors cautious ahead of Fed meeting
LONDON (Reuters) – European stocks rose slightly on Wednesday after mixed earnings reports, but the resurgence of COVID-19 cases kept investors cautious as they awaited news from the US Federal Reserve. FILE PHOTO: People pass the offices of the London Stock Exchange Group in the city of London, Great Britain, …
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