Cisco Systems Inc. will expect to benefit from technical expenditures of large companies despite the COVID-19 pandemic, but the struggle of smaller companies could take its toll. Cisco CSCO, -1.13% is scheduled to report fourth-quarter fiscal revenue on Wednesday afternoon, always a crucial barometer for IT spending, which turned out …
Read More »The CEO of Royal Caribbean says that cruise will differ to Covid-19. Here’s how.
Text size Skip Royal Caribbean’s Liberty of the Seas on May 19 in Miami Beach, Fla. Cliff Hawkins / Getty Images Royal Caribbean Group CEO Richard Fain continues to see a slow return to business, at least initially, if that happens. Several companies have started operating cruises in Asia and …
Read More »COVID-19 infections hit exactly 20 million worldwide – why the actual number of cases is likely to be much higher
The coronavirus pandemic hit another unwelcome milestone Tuesday morning as the number of COVID-19 infections worldwide hit 20,092,855, according to the latest data collected by Johns Hopkins University’s Center for Systems Science and Engineering. But the actual number of cases in both the U.S. and worldwide is likely to be …
Read More »Gold tumbles over 4%, set for sharpest daily slide in 5 months as pop yields
Gold futures fell sharply on Tuesday, bringing bullion on course for its steepest daily slide in nearly five months, as global equities were buoyed by hopes of a coronavirus vaccine being approved by Russia, though that approval was met with some skepticism by experts. However, Dr Anthony Fauci, director of …
Read More »Here’s how Goldman says the S&P 500 would respond to more US-China tariffs and why the November election result is important
Fresh hopes for another incentive package and signs that the spread of pandemic may be slow are set to boost shares on Tuesday. President Donald Trump signed executive orders over the weekend, postponing tax cuts and extending unemployment benefits, but investors hope talks on a larger rescue package would resume. …
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