Economy & Finance

Oil prices drop on prospect of returning Libyan supplies

Oil prices drop on prospect of returning Libyan supplies

Published 30/06/2020

LONDON (Reuters) - Oil prices slipped on Tuesday amid rising COVID-19 cases and a possible return of Libyan oil production, which has been down to [more…]

Grim data keeps euro, sterling under pressure

Grim data keeps euro, sterling under pressure

Published 30/06/2020

LONDON (Reuters) - A fresh batch of grim economic data kept the euro and the pound under pressure on Tuesday as sentiment faltered amid fears [more…]

European shares pick up, dollar gains before quarter-end

European shares pick up, dollar gains before quarter-end

Published 30/06/2020

LONDON (Reuters) - European shares picked up on Tuesday after a weak start, extending the optimism of the Asian session, and oil prices steadied as [more…]

Cineworld delays U.S., UK cinema reopenings to end of July

Cineworld delays U.S., UK cinema reopenings to end of July

Published 30/06/2020

LONDON (Reuters) - Cineworld (CINE.L) on Tuesday delayed the reopening of its cinemas in the United States and Britain until the end of July, citing [more…]

Los Angeles delays movie theater reopenings after rise in coronavirus cases

Los Angeles delays movie theater reopenings after rise in coronavirus cases

Published 30/06/2020

LOS ANGELES (Reuters) - Los Angeles Mayor Eric Garcetti on Monday announced he was taking a “hard pause” on when movie theaters in the city [more…]

Spain, Ireland, Luxembourg vie for Eurogroup leadership

Spain, Ireland, Luxembourg vie for Eurogroup leadership

Published 25/06/2020

BRUSSELS/MADRID (Reuters) - Finance ministers of Spain, Ireland and Luxembourg are in the running to chair meetings of the powerful Eurogroup of euro zone finance [more…]

Rainy day hastens sovereign wealth funds’ refocus to home

Rainy day hastens sovereign wealth funds’ refocus to home

Published 25/06/2020

LONDON (Reuters) - Famed for snapping up glitzy real estate and stakes in troubled international banks during the global financial crisis, sovereign wealth funds are [more…]

Euro zone data confirm tepid recovery, ECB’s Knot says

Euro zone data confirm tepid recovery, ECB’s Knot says

Published 25/06/2020

FRANKFURT (Reuters) - A string of positive economic indicators in the euro zone confirm that a recovery is on its way but the bloc may [more…]

How to control college costs in the age of COVID-19

How to control college costs in the age of COVID-19

Published 23/06/2020

NEW YORK (Reuters) - Tina Smets had long thought about getting a college degree, but that seemed impossible. As a mom of three kids, waitressing [more…]

Fund giant BlackRock ‘warming up’ to European assets

Fund giant BlackRock ‘warming up’ to European assets

Published 23/06/2020

LONDON (Reuters) - BlackRock’s Investment Institute said on Tuesday it was “warming up” to European assets following what it called the eurozone’s “impressive” efforts to [more…]