COPENHAGEN (Reuters) – TV and stereo maker Bang & Olufsen (B&O) said on Tuesday it planned to raise 400 million crowns ($58 million) via a rights issue, equivalent to half its market value, to survive the coronavirus crisis that has knocked its already …
See Original Article

The Bureau of Labor Statistics job report released last week shows an unemployment rate of 14.7%, giving economists a glimpse at the damage and what’s likely to come. “We’re looking at much bigger economic damages than anybody ever thought even …
See Original Article

He speaks with Bloomberg's David Westin. Running time 07:09.
See Original Article

I talk to accountants and bookkeepers every day who are on the edge of exhaustion. The deadline extensions meant to offer relief to taxpayers have
See Original Article

… * KOSPI falls, foreigners net sellers. * Korean won weakens versus U.S. dollar. * South Korea benchmark bond yield falls. * For the midday report, please click. SEOUL, May 12 (Reuters) – Round-up of South Korean financial markets: ** South Korean shares …
See Original Article