Wall Street will be closely observing a few dozen counties on Tuesday night. These include counties from the beach towns of Pinellas, Florida, to the suburbs of Bucks County, Pennsylvania. It will be watching for hints on who will win the U.S. presidential race. Investment companies are faced with the prospect of a chaotic election …
Investors Game Out U.S. Election Night | Trade Market News Read More »
The European economies registered strong growth in the third quarter, exceeding, in most cases, the most optimistic forecasts. However, countries are preparing for a closure that will deliver a new economic blow. The leading indicators already show that the recovery has practically disappeared and the dreaded double recession is now inevitable. The GDP of the …
The double fall of the European economiesis assured Read More »
Very few companies reveal their prospective financial hit from climate change under a voluntary global disclosure code. A code that requires wider backing from asset managers and others to be fully effective, a global regulatory body said Thursday. Climate change can decrease the value of assets or subject companies to costs from flooding and other …
Few Companies Disclose Financial Hit from Climate Change Read More »
Merchants across the United States are gobbling up insurance that protects buildings from damage caused by several factors. Among them are societal unrest and worries about possible street violence after the U.S. presidential election. Many small businesses are facing double-digit premium hikes for such policies but end up buying them anyway. Industry sources say that’s …
U.S. Businesses Splurge on Insurance | Trade Market News Read More »
Mitch McConnell adjourned the Senate ending hopes of a stimulus package in the week ahead. Earnings and economic data are flooding in and pharma giants are leading the early billing. In a $35 billion deal, AMD is to merge with Xilinx (NASDAQ:XLNX) Banks in Europe are showing signs of life, stocks and oil rebound after …
Stimulus Gone, Earnings Overflow, AMD/Xilinx Merge Read More »
Britain said time was very short to bridge the significant remaining gaps on key issues in negotiations with the European Union. Michel Barnier, chief negotiator headed to London to continue talks. The United Kingdom left the EU in January, but the two sides are trying to secure a deal. They try to reach an agreement …
Britain says Time was very Short as Barnier Heads to London Read More »
The Japanese government upgraded its view on consumption in its October monthly report. It was on stronger demand for electronics and higher travel spending. But it warned about broader economic conditions remaining severe due to the COVID-19 pandemic. The world’s 3rd largest economy showed signs of picking up from the fallout of COVID-19. This included …
Japan Raises View on Demand, but Economy still Severe Read More »
UK and the EU are set to start intensified negotiations on Thursday. With time fast running out, they’re making a new, final push to try to secure a deal. The deal is to protect billions of dollars of post-Brexit trade between the neighbours. The two sides reached an agreement to restart talks only 10 weeks …
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