Stocks have for the most part continued to rally off the March 23 lows, although the rally was beginning to break down a bit technically until a positive news report about an antiviral for the coronavirus sickness spurred an 80-point rally in S&P futures on Friday …
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IBM’s first quarter results turned out to be a good debut for CEO Arvind Krishna as his clarity on Big Blue’s strategy overcame demand uncertainty due to COVID-19 and a lack of guidance. Make no mistake. IBM’s first quarter results were a mixed bag and the …
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LONDON (Reuters) – Britain’s John Lewis Partnership said sales at its department store chain could decline by around 35% over the full year in a worst case scenario due to the coronavirus crisis, it said on Tuesday. The employee-owned group, which also …
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SEOUL, April 21 (Reuters) – South Korea’s two state-owned banks said on Tuesday they had together decided to provide up to 1.7 trillion won ($1.38 billion) in fresh liquidity to Asiana Airlines 020560.KS which is struggling with the impact of the coronavirus.
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BERLIN (Reuters) – The mood among German investors improved in April as concerns about the impact of the coronavirus pandemic on Europe’s largest economy seemed to have eased, a survey showed on Tuesday. German carmakers have restarted …
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