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Europe plans to raise €750bn from money markets to rebuild after pandemic

Brussels said it plans to borrow €750bn ($826bn, £671bn) on international markets to finance the region’s economic recovery from the coronavirus pandemic, the European Commission […]

May 27, 2020

News

Discount retailers to post earnings as they open doors to cash-strapped Americans

Craig Johnson, chief market technician at Piper Sandler told CNBC he expects discount retail stocks to outperform in the second half of the year, as […]

May 27, 2020

News

ECB boss Christine Lagard: Heightens warning of coming eurozone recession to ‘severe’ from ‘mild’

European Central Bank (ECB) President Christine Lagarde said she expects the eurozone economy to go through a slump ranging from “medium” and “severe”, adding that […]

May 27, 2020

News, Stocks

Amazon in talks to buy driveless taxi fleet startup Zoox

Amazon (NASDAQ: AMZN) is in “advanced” talks to buy Californian driverless car startup Zoox in a deal that would boost its automation efforts, according to reports. […]

May 27, 2020

Earnings, News, Stocks, Technology

Salesforce earnings preview: Cloud-based computing firm expected to gain from lockdown working

Business software company Salesforce Inc. (CRM) is set to report quarterly earnings on Thursday, with analysts bullish about the company amid higher demand for cloud-based […]

May 27, 2020

Economic News, News

Thousands of UK firms teeter on six-month cash lifeline due to pandemic, says ONS survey

Almost half of UK firms could run out of money within six months, according to data from the Opinions and Lifestyle survey by the Office […]

May 27, 2020