Equities Markets

European shares boosted by tech- all eyes on upcoming data

European shares boosted by tech- all eyes on upcoming data

Published 01/09/2020

(Reuters) - Technology stocks drove European shares higher on Tuesday, but sentiment was shaky ahead of key economic readings that are likely to indicate an [more…]

Zoom forecasts sales surge as video conferencing becomes a daily routine

Zoom forecasts sales surge as video conferencing becomes a daily routine

Published 31/08/2020

(Reuters) - Zoom Video Communications Inc raised its annual revenue forecast by more than 30% after comfortably beating quarterly estimates on Monday as it converts [more…]

Opening up without control of COVID-19 is recipe for disaster, says WHO

Opening up without control of COVID-19 is recipe for disaster, says WHO

Published 31/08/2020

GENEVA (Reuters) - Countries with significant active spread of coronavirus must prevent amplifying events, as opening up without the virus being under control would be [more…]

Global funds once again opt out of stocks, despite rally, Reuters polls show

Global funds once again opt out of stocks, despite rally, Reuters polls show

Published 28/08/2020

BENGALURU (Reuters) - Funds recommended equity holdings be trimmed to the lowest in over four years in August, despite record-breaking gains by world stocks, as [more…]

Asia shares push ahead as China markets jump

Asia shares push ahead as China markets jump

Published 17/08/2020

SYDNEY (Reuters) - Asian shares crept back toward recent peaks on Monday as Chinese markets swung higher, while investors waited to see if the recent [more…]

Take Five: Impasse!

Take Five: Impasse!

Published 17/08/2020

1/WALL STREET WATCHES WASHINGTON U.S. lawmakers negotiating a fresh dose of stimulus have reached an impasse. Trillions of dollars injected by the Federal Reserve and [more…]

Stock futures point to modest Wall Street gains ahead of big retail earnings week

Stock futures point to modest Wall Street gains ahead of big retail earnings week

Published 17/08/2020

NEW YORK (Reuters) - U.S. stock index futures indicate Wall Street will make moderate gains on Monday as retail earnings queue up and with housing [more…]

K-Pop group BTS’ label Big Hit posts profit as it prepares for IPO

K-Pop group BTS’ label Big Hit posts profit as it prepares for IPO

Published 15/08/2020

(This August 13 story corrects to show that 2019 and 2020 H1 results are based on different accounting standards in paragraph 3, changes percentage change [more…]

Berkshire slashes Wells Fargo, JPMorgan stakes- adds Barrick Gold

Berkshire slashes Wells Fargo, JPMorgan stakes- adds Barrick Gold

Published 15/08/2020

(Reuters) - Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) said on Friday it has sold shares of some of the largest U.S. banks, slashing its stakes [more…]

Stocks dip on lukewarm data- oil falls

Stocks dip on lukewarm data- oil falls

Published 14/08/2020

NEW YORK (Reuters) - Stocks fell on Friday as data out of China, the euro zone and the United States put a lid on expectations [more…]