Wall Street stocks jumped on Friday with the Nasdaq racing to yet another record as progress on a coronavirus vaccine offset worries about spiking US case levels. The tech-rich Nasdaq Composite Index finished at 10,617.44, up 0.7%, notching its sixth record close in seven sessions.Add your comment!
Investors will watch next week's earnings from BlackRock, the world's largest asset manager, for a snapshot of how the industry performed during the second quarter's dramatic rebound in global financial markets.Add your comment!
The Trump administration on Friday announced additional duties of 25per cent on French cosmetics, handbags and other imports valued at US$1.3 billion in response to France's digital services tax, but would hold off on implementing the move for up to 180 days.Add your comment!
Argentina’s US$65 billion debt restructuring talks teetered on the edge after two key creditor groups knocked back the country’s latest “final” offer, while the government signaled that there was no room left to improve the terms.Add your comment!
Defying warnings that to seek out Donald Trump was to court disaster, Mexican President Andres Manuel Lopez Obrador instead emerged from their first meeting as a “cherished friend” of his U.S. counterpart, even as some Democrats looked on uneasily.Add your comment!
Ireland's finance minister Paschal Donohoe has been elected as the new president of the eurozone's finance group. Donohoe succeeds former president Mário Centeno from Portugal who said in June he would not run for another term as Eurogroup president.Add your comment!
President Donald Trump on Wednesday hailed his “outstanding relationship” with his Mexican counterpart Andres Manuel Lopez Obrador as he welcomed him to the White House for the leaders' first one-on-one meeting.Add your comment!
Brazilian retail sales jumped at a record pace in May, official figures showed on Wednesday, suggesting the economy could be on a recovery path as authorities gradually lift social isolation measures taken to curb the spread of the novel coronavirus.Add your comment!
Britain's new post-Brexit sanctions regime faces an early test over London's deteriorating relationship with China, as calls mount for it to be used against Beijing officials.Add your comment!
The UK government on Wednesday unveiled a package worth £30 billion (US$37 billion, €33 billion) to save jobs and help the young into work to kick-start the coronavirus-hit economy.Add your comment!