(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 »Exclusive: EU stimulus funds attract more than 1,000 green projects
LONDON (Reuters) – More than 1,000 climate-friendly projects could line up for a part of the EU’s post-coronavirus recovery package, as ministers begin to discuss the bloc’s budget for 2021-27 and the stimulus fund economic, according to an investigation seen by Reuters. FILE PHOTO: Flags of the European Union wave …
Read More »Asian markets rebound after Wall Street slips
Asian stock markets were mostly on Friday after Wall Street closed lower amid uncertainty about the US economic outlook. Overnight, the Wall Street benchmark S & P-500 index lost 0.3% after reports including one showing more layoffs. “This may indicate nothing more than a brief pause for repositioning, or a …
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 …
Read More »