Irish PM, Deputy PM call on EU trade chief Hogan to quit

Economy9 hours ago (Aug 22, 2020 05:50PM ET) (C) Reuters. FILE PHOTO: European Trade Commissioner-designate Phil Hogan attends his hearing before the European Parliament in Brussels By Padraic Halpin DUBLIN (Reuters) – Ireland’s prime minister and deputy minister asked European Trade Commissioner Phil Hogan, Ireland’s representative on the EU’s executive, to consider his position over […]

Israeli protesters, decrying corruption, keep pressure on Netanyahu

Economy9 hours ago (Aug 22, 2020 05:26PM ET) 5/5 (C) Reuters. Israelis protest PM’s alleged corruption and economic hardship from COVID-19 lockdowns 2/5 JERUSALEM (Reuters) – Thousands of Israelis protested in Jerusalem on Saturday against Prime Minister Benjamin Netanyahu, and the summer outcry denouncing alleged corruption and the government’s handling of the coronavirus pandemic showed […]

China approves BlackRock, Temasek and CCB joint wealth venture

Economy14 hours ago (Aug 22, 2020 12:50PM ET) (C) Reuters. FILE PHOTO: A sign for BlackRock Inc hangs above its building in New York BEIJING (Reuters) – China has approved a wealth management joint venture between U.S. asset manager BlackRock Inc (N:BLK), Singapore state investor Temasek Holdings (Pte) Ltd and China Construction Bank (OTC:CICHF) Corp […]

Weekly Comic: Big Tech Shares Lift S&P 500, Nasdaq To New All-Time Highs

Sign In/Free Sign Up 0 Economy12 hours ago (Aug 22, 2020 08:46AM ET) Investing.com – Stocks on Wall Street notched their fourth weekly gain in a row on Friday, with the S&P 500 and Nasdaq both rising to new all-time highs, as the economy continues to recover from the Covid-19 pandemic. […]

More than half of Spanish companies reopen after closing at height of pandemic

Economic Indicators14 hours ago (Aug 22, 2020 07:00AM ET) (C) Reuters. FILE PHOTO: The outbreak of the coronavirus disease (COVID-19), in Palma de Mallorca (Reuters) – More than half the companies in Spain which closed at the height of the coronavirus pandemic have reopened, according to government data released on Saturday, suggesting the economy is […]

China’s unlicensed asset management firms still a threat, central bank executive says

Economy19 hours ago (Aug 22, 2020 02:05AM ET) (C) Reuters. FILE PHOTO: Man wearing a mask walks past the headquarters of the People’s Bank of China, the central bank, in Beijing QINGDAO (Reuters) – Some unlicensed asset management companies are still operating in China, causing a “serious threat to financial stability”, a top official of […]

Wall Street Week Ahead: No elk or trout, but Fed’s virtual retreat may stoke market’s ‘animal spirits’

Economy2 hours ago (Aug 21, 2020 08:50PM ET) (C) Reuters. Nearly deserted Wall Street and steps of Federal Hall in lower Manhattan during outbreak of coronavirus disease (COVID-19) in New York By David Randall and Karen Brettell NEW YORK (Reuters) – Investors could get a hint from Federal Reserve Chairman Jerome Powell next week about […]

Citigroup files third lawsuit over accidental Revlon payment

Economy4 hours ago (Aug 21, 2020 06:55PM ET) (C) Reuters. The Citigroup Inc logo is seen at the SIBOS banking and financial conference in Toronto (Reuters) – Citigroup Inc (NYSE:C) filed a third lawsuit on Friday in its latest attempt to recoup nearly $1 billion it mistakenly sent to lenders of Revlon Inc. The third […]

Battered by Democrats, Trump fires back against ‘total anarchy, madness and chaos’

3/3 (C) Reuters. Democratic presidential candidate Joe Biden and Kamala Harris celebrate in Wilmington, Delaware 2/3 By Doina Chiacu and Jeff Mason WASHINGTON/ARLINGTON, Va. (Reuters) – After being accused by Democrats of being a chaotic and dishonest leader, President Donald Trump countered on Friday that Democrats, not he, would bring chaos to the United States […]

S&P 500, Nasdaq end at records after upbeat business surveys

Stock Markets5 hours ago (Aug 21, 2020 05:45PM ET) (C) Reuters. FILE PHOTO: The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City By Noel Randewich (Reuters) – The S&P 500 and Nasdaq closed at record highs on Friday, with both lifted by Apple […]