Coronavirus

CVS hedges on 2022 earnings growth target as COVID-19 uncertainty persists

CVS Health Corp (CVS.N) on Wednesday hedged a bit on its long-term target for double-digit earnings growth for next year,…

4 years ago

S&P 500 edges down on coronavirus woes, slowing economy

Aug 2 (Reuters) - The S&P 500 Index closed slightly lower on Monday after erasing early gains as worries about…

4 years ago

Australia’s deal boom set to intensify on cheap cash, pandemic confidence -bankers

Australia's record merger-and-acquisition (M&A) boom can only intensify in the near term as ultra-low interest rates and confidence that the…

4 years ago

MORNING BID A new sunny day, with the same old clouds

It's a new week, a new month and time for a fresh start - but the problems niggling at markets…

4 years ago

France’s Axa rebounds from pandemic as XL unit swings to profit

Axa (AXAF.PA) posted a 180% surge in first-half net income on Monday as the French insurer rebounded from a spike…

4 years ago

India’s factory growth rebounded in July, hiring resumed after 15 months

Factory activity in India bounced back in July as demand surged both at home and abroad, prompting companies to create…

4 years ago

Allianz cooperating as DOJ probes Structured Alpha Funds

The U.S. Department of Justice has begun an investigation relating to Allianz Global Investors' Structured Alpha Funds, following litigation pending…

4 years ago

China’s factory activity in July grows at slowest pace since Feb 2020

China's factory activity expanded in July at the slowest pace in 17 months as higher raw material costs, equipment maintenance…

4 years ago

UK mortgage lending booms but consumers stay wary about debt

British mortgage lending showed a record surge in June as home-buyers rushed to qualify for a tax break before it…

4 years ago

Fed says economic recovery remains on track despite COVID-19 surge

The U.S. economic recovery is still on track despite a rise in coronavirus infections, the Federal Reserve said on Wednesday…

4 years ago