Friday, April 23, 2021
coronavirus globalization

Economists predict Coronavirus Will Reverse Globalization

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The coronavirus crisis will fundamentally reshape global trade as companies look to reduce their dependence on Chinese manufacturing, economists have predicted. In a report published...

Head of Federal Reserve Says Further Economic Stimulus Needed

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Jay Powell, the chair of the Federal Reserve, has said that “additional policy measures” may be needed from the US central bank and fiscal...
Mexico

Mexico weakened Economy Staggers as Coronvirus Hits

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Salvador Almonte has been doing a roaring trade in antiviral citrus cocktails at his stall in Iztapalapa, a sprawling working-class district of Mexico City....
new york

The New York Stock Exchange May reopen in phases beginning in May

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The New York Stock Exchange might reopen in phases after May 15, two sources who were on a conference call with NYSE Chief Operating...
oil

Below zero oil prices threaten big losses for ETF investors

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  Those betting on crude recovery using exchange traded funds face ‘high risks’ Investors who have flooded into the oil markets to bet on a rebound...
US

US oil price back below zero

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The price of US oil slipped back below zero on Tuesday after plunging into negative territory for the first time in the previous session...
coronavirus economic

Coronavirus: the economic recovery won’t only be U-shaped – it’ll look like a wheelbarrow

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The economic effects of the coronavirus crisis will be severe but short-lived, according to much of the recent commentary. The cautious revival in stock...
fiscal monetary

Can the world afford fiscal and monetary stimulus this size?

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The fiscal and monetary stimulus announced by the world’s major economies over the past month is a global policy event without precedent in peacetime. ...
companies

Big companies raise record sums from bond market in panicked rush for cash

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The world’s highest-rated companies, including Warren Buffett’s Berkshire Hathaway, Disney and the drugmaker Pfizer, have bolstered their ability to weather the economic downturn, swallowing...
investors

Bond investors relaxed over UK’s credit-rating downgrade

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Investors expect UK government bonds to shrug off the downgrade of the country’s credit rating by Fitch, arguing that markets are already anticipating a...
bitcoin

Altcoin season 2.0: why bitcoin has been outgunned by crypto rivals since new year

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When bitcoin was trading at the dizzying heights of almost US$20,000 (£15,360) in December 2017, it was the peak of the previous bull run...
slack

Slack: how the messaging app could change after an IPO

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  Slack, the collaboration platform favoured by designers, developers and an increasing number of companies, is rumoured to be planning an IPO. In similar fashion...

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