Faced with a pandemic-fueled recession with few historical comparisons and a new accounting rule requiring lenders to total up expected losses even
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WASHINGTON (Reuters) – Federal Reserve Chair Jerome Powell will speak in a public webcast on Friday, with the details of the U.S. central bank’s coronavirus-era programs nearly complete and attention turning to the next phase of its response: a likely …
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Shares of Big Lots Inc. BIG, -5.99% shot up 9.1% in premarket trading Friday, after the discount retailer reported a fiscal first-quarter profit that was well above expectations and provided an upbeat outlook, as same-store sales got a boost amid the COVID-19 …
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BEIJING (Reuters) – Iron ore futures in China soared more than 6% on Friday and marked the fifth continuous weekly gain fuelled by rising production at steel mills and supply concerns in Brazil due to the coronavirus pandemic. FILE PHOTO: Workers pour …
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Indian carrier SpiceJet on Friday said it has received approval from the Directorate General of Civil Aviation (DGCA) to conduct drone trials which it plans to use in delivery of essential supplies to remotest areas. A SpiceXpress-led consortium had submitted a …
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