Dollar dented as coronavirus damage spurs interest rate cut bets

·

·

Dollar dented as coronavirus damage spurs interest rate cut bets

NEW YORK (Reuters) – The U.S. dollar slipped to a fresh one-month low against a basket of currencies on Monday, as investors bet on the U.S. Federal Reserve easing policy in a bid to counter the negative impact from the spread of the new coronavirus.
See Original Article

Coke wants to make India third-biggest market, says CEO James Quincey

Coca-Cola, the largest beverage company, wants to make India its third-largest market in the world, chairman and global chief executive officer (CEO) James Quincey has said. On his third visit to the country, Quincey (55), also indicated that the India business …
See Original Article

US STOCKS-Wall St gains as investors buy the dip; stimulus measures in focus

(For a live blog on the U.S. stock market, click or type LIVE/ in a news window.) * Indexes up: Dow 2.20%, S&P 2.00%, Nasdaq 1.91%. * Apple biggest boost on Oppenheimer upgrade, bargain buying. * Forty Seven Inc hits record high on $4.9 bln offer …
See Original Article

Thoma Bravo completes $3.9B Sophos acquisition

Thoma Bravo announced today that it had closed its hefty $3.9 billion acquisition of security firm, Sophos, marking yet another private equity deal in the books. The deal was originally announced in October. Stockholders voted to approve the deal in …
See Original Article

Coronavirus fears cancel major Houston oil and gas conference and send Rice University staff into self-quarantine

The organizers of CERAWeek by IHS Markit, an oil and gas industry conference set to bring thousands of international visitors to Houston the week of March 9-13, announced Sunday morning it was canceling the event. While the conference last year attracted …
See Original Article



Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.