by pallanus | Jun 26, 2020 | Business News
The NSE Nifty 50 index ended up 0.91% at 10,383 and the benchmark S&P BSE Sensex gained 0.94% at 35,171.27. Both the indexes rose more than 1% this week and recorded a second straight week of gains. File image: Reuters Indian stocks ended higher in volatile...
by pallanus | Jun 26, 2020 | Business News
European stocks inched higher on Friday, propped up by positive company updates, although investors remained cautious about a resurgence in US Covid-19 cases and its impact on the global economy. The pan-European STOXX 600 index was up 0.4%, with technology .SX8P,...
by pallanus | Jun 26, 2020 | Business News
Speaking as fears of a second wave shook investors and the general public across the world, Lagarde struck a constructive tone but urged authorities to use the truce currently offered by the virus to prepare. European Central Bank President Christine Lagarde. (Photo:...
by pallanus | Jun 26, 2020 | Business News
H&M, the world’s second-biggest fashion retailer, suffered its first loss in decades in the second quarter and said it would accelerate store closures, although trade has revived as lockdowns ease. Restrictions to contain the novel coronavirus shuttered stores...
by pallanus | Jun 26, 2020 | Business News
Oil prices inched up on Friday as the bullish impetus from signs of fuel demand recovery was kept in check by a rising number of new coronavirus cases in the United States and China and tentative expectations of US output ticking up. Brent crude futures were 38 cents...