What you need to know about the coronavirus right now
Here’s what you need to know about the coronavirus right now.
H&M’s sales surge as restrictions ease, still below pre-pandemic levels
H&M’s (HMb.ST) sales jumped from March to May compared to a year earlier as pandemic restrictions eased in many markets and online demand stayed strong but revenue was still well below 2019 levels.
EXCLUSIVE ECB tells Deutsche Bank to find new chairman fast – sources
The European Central Bank has asked Deutsche Bank a number of times in recent months to name a successor to chairman Paul Achleitner as the end of his term nears, two people with knowledge of the matter said.
U.S. remains far ahead of global pack in finance, says study
The United States remains the world’s dominant financial centre, well ahead of nearest rival Britain, whose lead over Frankfurt and Paris so far easily outweighs the hit from Brexit, a study from New Financial think tank said on Thursday.
Inditex ignited by post-lockdown clothing binge
Spanish fast fashion giant Inditex (ITX.MC) said sales in May and so far in June were twice as high as in the same period last year as customers splashed out on post-lockdown shopping sprees.
MSCI’S ACWI ends at record, oil hits 2-year high
A gauge of global equity markets closed at a record high on Monday as technology shares took in stride a deal by the world’s richest nations on a corporate tax aimed at U.S. tech heavyweights, and oil prices jumped to a two-year high.
Ireland confident G7 tax deal won’t dent multinational investment
Ireland’s finance minister said he remained confident the country’s low-tax economy would continue to attract multinational investment and jobs even as an overhaul of global corporation tax rules moved a major step closer on Saturday.
Stocks near highs on recovery bets as oil extends rally above $70
Stock markets hovered near record highs on Wednesday as investors cheered the latest evidence of a sustained rebound in global economies and as stronger oil prices lifted energy stocks.
EXCLUSIVE G7 to back minimum global corporate tax and support economy – draft
Finance ministers from the group of seven rich nations (G7) will vow this week to support their economies as they emerge from the pandemic and reach an “ambitious” deal on a minimum global corporate tax in July, a draft communique showed.
What you need to know about the coronavirus right now
Here’s what you need to know about the coronavirus right now.
