LONDON (Reuters) – Stock markets rallied for a second straight session on Monday in hopes of treating coronavirus risk assets and the markets stepped up for the U.S. Federal Reserve’s annual meeting later this week. FILE PHOTO: The London Stock Exchange Group’s offices are on display in the City of …
Read More »Safe bet? Sovereign wealth funds once considered reliable real estate
LONDON (Reuters) – The COVID-19 pandemic has forced sovereign wealth funds to make it rather unthinkable. FILEFOTO: Empty offices are seen as the spread of coronavirus (COVID-19) disease continues, in London, UK March 19, 2020. REUTERS / Simon Dawson With leading office blocks lying empty around the world, hotels half …
Read More »Global stocks jump as investors hope for treatment of coronavirus
SYDNEY (Reuters) – Asian stocks advance for a second straight session on Monday, backed by hopes of coronavirus, after the U.S. Food & Drug Administration (FDA) authorized the use of recovering patients’ blood plasma as a treatment option. FILE PHOTO: A man wearing a protective face mask follows the outbreak …
Read More »Twitter added a disclaimer to Trump’s mailbox tweet
PHILO PHOTO: US President Donald Trump is seen tapping on the screen on a mobile phone at the infamous time a tweet was released from his Twitter account, during a round of the table about reopening small businesses in the State Dining Room at the White House in Washington, US, …
Read More »Global dividend declines the least since financial crisis
LONDON (Reuters) – Coronavirus crisis will see the world’s largest companies pay dividends between 17% -23% this year, which could be as high as $ 400 billion this year, a new report has shown, as sectors such as tech are fighting the trend. PHILO PHOTO: Passers-by wearing protective face masks …
Read More »