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Latest Articles
  • U.S., EU to suspend tariffs in effort to resolve Boeing-Airbus subsidy dispute
  • Oil prices jump as OPEC+ keeps production largely steady, Saudi Arabia continues voluntary cut
  • White House rebuffs pressure to punish Saudi crown prince over Khashoggi murder
  • U.S. says Saudi crown prince approved Khashoggi killing, imposes visa restrictions on 76 Saudis
  • Dow falls 560 points amid surging yields, Nasdaq sheds 3.5% in worst sell-off since October
  • FDA staff endorses J&J’s single-shot Covid vaccine for emergency use — clearing way for third vaccine in U.S.
  • Top Senate Democrat directs lawmakers to craft bill to counter China
  • European banks have been resilient during the Covid crisis, but still face 2 major challenges
  • Stronger economic data could power stocks that thrive in a rebound in the week ahead
  • Biden’s snub of Saudi Crown Prince Mohammed bin Salman is a ‘warning’ signaling a relationship downgrade
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European banks have been resilient during the Covid crisis, but still face 2 major challenges

European banks have been resilient during the Covid crisis, but still face 2 major challenges

Posted By: Editorial Teamon: February 22, 2021In: BUSINESS, ECONOMY, NEWSNo Comments

European banks have seemingly weathered the coronavirus crisis well, but there are still some major challenges ahead that have the potential to rattle the sector. There’s been a noticeable difference between the pandemic and the global financial crisis of 2008: European banks have a much stronger capital position now than they did before. This is in part […] Read more

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Deutsche Bank bullish about the 2021 economic recovery — but there are two key risks

Deutsche Bank bullish about the 2021 economic recovery — but there are two key risks

Posted By: Editorial Teamon: November 26, 2020In: ECONOMY, NEWSNo Comments

Deutsche Bank upgraded its global growth outlook for 2021 but cautioned that two key risks could still spoil the economic recovery from the coronavirus crisis. In the bank’s latest report out Wednesday — entitled “Hope on the horizon” — Deutsche Bank researchers updated their calls due to what it called “the incredibly positive” coronavirus vaccine news […] Read more

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Goldman, Citi see gold above $2,000 in 2021: ‘The bull market is not over’

Goldman, Citi see gold above $2,000 in 2021: ‘The bull market is not over’

Posted By: Editorial Teamon: November 24, 2020In: ECONOMY, NEWSNo Comments

Despite the upturn in the global economic outlook following multiple coronavirus vaccine breakthroughs, gold’s bullish cycle will continue, according to analysts at Citi and Goldman Sachs. The traditional safe haven asset hit an all-time high in August of $2,074.88 per ounce, amid fears that the coronavirus crisis looked set to continue indefinitely. However, demand for the […] Read more

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The coronavirus crisis is pushing 13 UK universities towards insolvency, study says

The coronavirus crisis is pushing 13 UK universities towards insolvency, study says

Posted By: Editorial Teamon: July 06, 2020In: NEWSNo Comments

Thirteen universities, or colleges, in the U.K. are at risk of going bankrupt as the coronavirus pandemic hits their finances and challenges the entire sector, a study by Institute for Fiscal Studies warned Monday. Social distancing measures, travel restrictions and lockdowns have tested the ability of universities to survive without students. In the wake of the pandemic, […] Read more

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