Global risk rally has a powerful ally: the weaker dollar
Investors are betting a weaker U.S. dollar will further boost a rally that has seen stocks, emerging market currencies and other risky assets soar in recent...
Read MorePosted by Reuters | Jun 10, 2020 | World News |
Investors are betting a weaker U.S. dollar will further boost a rally that has seen stocks, emerging market currencies and other risky assets soar in recent...
Read MorePosted by Reuters | Jun 10, 2020 | World News |
Starbucks Corp said on Wednesday it expects current-quarter operating income to plunge by up to $2.2 billion, and sales to decline for the rest of the year even as nearly all its cafes have reopened following easing of...
Read MorePosted by Reuters | Jun 10, 2020 | World News |
The dollar slid to a three-month low and a gauge of global equities edged lower on Wednesday as investors awaited news at the end of a two-day meeting of the Federal Reserve and its plans to strengthen a nascent U.S. economic...
Read MorePosted by Reuters | Jun 10, 2020 | World News |
European food ordering firm Just Eat Takeaway.com NV said on Wednesday it was in advanced talks to buy Grubhub Inc in an all-stock...
Read MorePosted by Reuters | Jun 10, 2020 | World News |
American Airlines Chief Executive Doug Parker said on Wednesday that he expects a daily cash burn of about $40 million in June, down from a previous forecast of $50 million per day, thanks to cost-savings measures to address the...
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