Coronavirus

S&P 500, Dow hit record highs as defensive shares shine

The benchmark S&P 500 and the Dow industrials hit record highs on Monday as investors moved into defensive sectors and…

4 years ago

Analysis: Canada city condo rebound has further to go, fueled by rental demand

Condominium markets in some of Canada's biggest cities have rebounded strongly this year, and agents and analysts say the market…

4 years ago

U.S. Gulf of Mexico oil producers consolidation accelerates

Oil and gas producers in U.S. Gulf of Mexico have consolidated at a faster rate during the pandemic, new government…

4 years ago

Oil prices drop amid faltering demand outlook in China

Oil prices fell by about 2% on Monday, dropping for a third session, after official data showed that refining throughput…

4 years ago

Sydney Airport rejects improved $16.8 bln buyout bid, open to higher offer

Sydney Airport Holdings Pty Ltd (SYD.AX) on Monday rejected an improved A$22.80 billion ($16.81 billion) bid from a group of infrastructure investors,…

4 years ago

Japan’s economy rebounds in Q2, COVID clouds outlook

Japan's economy rebounded more than expected in the second quarter after slumping in the first three months of this year,…

4 years ago

Asia stocks slip as China’s economy stumbles

Asian shares slid on Monday after a raft of Chinese data showed a surprisingly sharp slowdown in the engine of…

4 years ago

Aramco in advanced talks on up to $25 bln Reliance deal – Bloomberg News

Saudi Aramco (2222.SE) is in advanced talks to acquire a roughly 20% stake in Reliance Industries Ltd's (RELI.NS) oil refining and chemicals business for…

4 years ago

Dollar languishes near one-week low after consumer sentiment blow

The dollar held near a one-week low versus major peers on Monday, after slumping the most in almost seven weeks…

4 years ago

UK employers have strongest hiring plans in over 8 years, survey shows

British employers plan to increase staff numbers by the most in more than eight years over the coming months and…

4 years ago