Goldman Sachs on Friday lowered its previously stated quarterly net earnings applicable to common shareholders to $197 million from $2.25 billion.
Archiv für den Autor: admin
Uber ride-sharing revenue plummets, food delivery more than doubles
Uber narrowed losses, and saw a spike in demand for its food delivery service during the second quarter. However, the company’s core ride-sharing business was down 73% from last year.
ForexLive European FX news wrap: Dollar firms ahead of NFP report
Forex news from the European trading session – 7 August 2020
Headlines:
Markets:
– USD leads, NZD lags on the day
– European equities mixed; E-minis down 0.4%
Headlines:
Markets:
– USD leads, NZD lags on the day
– European equities mixed; E-minis down 0.4%
Germany proposes to bring forward stimulus spending of €26 billion to boost economy – report
Der Spiegel reports, citing a video call between senior government officials
The report says that the government plans to bring forward stimulus spending worth €16 billion for a total of €26 billion. This compares with the previous plan to speed up only €10 billion in investment in digital, security and defense projects.
The report says that the government plans to bring forward stimulus spending worth €16 billion for a total of €26 billion. This compares with the previous plan to speed up only €10 billion in investment in digital, security and defense projects.
US non-farm payrolls to set the tone ahead of the weekend?
The market is keeping a watchful eye ahead of the US jobs report later
There is a lot of focus on the US non-farm payrolls later today, as market participants are in search of more clues on how the rise in coronavirus cases across the US is impacting the labour market. At this point, it feels
There is a lot of focus on the US non-farm payrolls later today, as market participants are in search of more clues on how the rise in coronavirus cases across the US is impacting the labour market. At this point, it feels
China top diplomat calls for US to create favourable conditions for implementation of Phase One trade deal
Comments by China top diplomat, Yang Jiechi
Uh oh, China is starting to pull out the Phase One trade deal card in light of recent tensions between the two. There are known boundaries that both sides should not cross that may lead to the deal breaking down, so China is making that clear once again.
Uh oh, China is starting to pull out the Phase One trade deal card in light of recent tensions between the two. There are known boundaries that both sides should not cross that may lead to the deal breaking down, so China is making that clear once again.
BOE’s Ramsden: We are not actively planning for negative rates
Further comments by Ramsden
The BOE published a box on negative rates in its yesterday – the first time it has done so – and that is inviting market participants to get used to the idea that policymakers are almost likely to pursue such a measure if the economic recovery falters.
The BOE published a box on negative rates in its yesterday – the first time it has done so – and that is inviting market participants to get used to the idea that policymakers are almost likely to pursue such a measure if the economic recovery falters.