by pallanus | Jul 13, 2020 | Business News
Companies around the world will take on as much as $1 trillion of new debt in 2020, as they try to shore up their finances against the coronavirus, a new study of 900 top firms has estimated. The unprecedented increase will see total global corporate debt jump by 12%...
by pallanus | Jul 8, 2020 | Business News
Global stocks faltered on Wednesday, losing momentum after a five-day rally, as an increase in new coronavirus cases in some parts of the world undermined prospects for a quick economic recovery. Oil prices fell on oversupply fears. Frankfurt, Paris and London all...
by pallanus | Jul 3, 2020 | Business News
Oil prices eased on Friday, reversing earlier gains, as the resurgence of the coronavirus globally and in the United States, the world’s largest oil consumer, stoked worries that a fuel demand recovery could stall. Brent crude futures were down 29 cents, or 0.7 per...
by pallanus | Jun 25, 2020 | Business News
The International Monetary Fund (IMF) on Wednesday laid out the unprecedented economic devastation caused by the novel coronavirus pandemic, as the World Health Organisation (WHO) said it expects the number of global infections to soon hit 10 million and cases surge...
by pallanus | Jun 23, 2020 | Business News
Indian shares closed at a three-month high on Tuesday as global investors poured more cash, hoping to profit from a recovery in a market that has so far lagged its peers. File image: Reuters Indian shares closed at a three-month high on Tuesday as global investors...
