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| Global Markets Follow US Stocks Higher Stocks rose Thursday, following a rally in U.S. markets on Federal Reserve assurances it will continue with its stimulus programs and on promising news on a coronavirus treatment. Stock benchmarks in Australia, Japan and China rose. Japan's Nikkei 225 ... | |
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| Shell Q1 CCS Earnings Down; Cuts Quarterly Dividend - Quick Facts (RTTNews) - Royal Dutch Shell plc (RDS-B, RDSB.L, RDSA.L, RDS-A) reported Thursday that its first-quarter current cost of supplies or CCS earnings attributable to shareholders fell 48 percent to $2.76 billion from last year's $5.29 billion. Basic CCS earnings ... | |
| Nokia Makes Small Profit Despite Supply Disruption HELSINKI — Nokia Oyj on Thursday reported a 2% fall in first-quarter revenue as it took a hit of about 200 million euros ($217 million) to its topline largely because the COVID-19 pandemic disrupted supply from operations in China. It, however, eked out a ... | |
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| Glenmark to conduct trials in India for potential COVID-19 drug BENGALURU (Reuters) - Glenmark Pharmaceuticals Ltd (GLEN.NS) said on Thursday it will start clinical trials in India of antiviral drug favipiravir, seen as a potential treatment for COVID-19, sending its shares up as much as 9% The trials come after a ... | |
| Shell slashes dividend as earnings sink Royal Dutch Shell PLC on Thursday said that it is cutting its first-quarter dividend, as earnings for the period were dragged down by the collapse in oil and gas demand and prices. The British-Dutch oil giant said its profit for the three months ended March. | |
| Affordable Starter Homes in the St. Louis Area This conveniently located brick ranch home has 4 spacious bedrooms, sunny kitchen with INCLUDED APPLIANCES, separate dining room, super sized FAMILY ROOM and 2 full bathrooms. The WALKOUT BASEMENT also features a bonus room great for ... | |
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| BBVA Takes $1.5 Billion Covid Hit and Large US Writedown Banco Bilbao Vizcaya Argentaria SA posted a loss as it set aside the most provisions since 2012 for Covid-19-linked loan losses and the Spanish lender took a charge on its U.S. business for the second quarter in a row. BBVA, which is focused on emerging ... | |
| 2 Central Arkansas malls set to reopen Central Arkansas retail centers McCain Mall and Park Plaza on Wednesday announced their plans to reopen. McCain Mall in North Little Rock, which has been closed since March 18 in reaction to the spread of the coronavirus, is scheduled to reopen Friday ... | |
| J Sainsbury defers dividend as pretax profit rises J Sainsbury PLC reported Thursday a rise in pretax profit for fiscal 2020 and said that it was deferring its dividend. The British grocer made a pretax profit of 255 million pounds ($317.4 million) for the year ended March 7, compared with GBP202 million a year ... | |
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| Reckitt Benckiser lifts 2020 outlook as sales rise Reckitt Benckiser Group PLC said Thursday that its first quarter saw sustained group growth of 13.3%, as demand for its health and hygiene products soared in the wake of the coronavirus pandemic. The company also backed its view for 2020. Reckitt--which ... | |
| Rush for Gold Loans Seen as Indians Seek Refuge From Slowdown Indians may borrow more against their stash of gold as the world's biggest lockdown raises financial stress in an economy that's set for its first contraction in four decades. Indians are the biggest consumers of gold after China and hold the largest hoard of the ... | |
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| Ford cancels plan to make Lincoln electric vehicle with Rivian (CNN) Ford's plan to make an electric vehicle in cooperation with Rivian, a Michigan-based electric vehicle company, under its luxury Lincoln brand have been called off. Ford and Rivian, a startup backed by hundreds of millions of investment dollars from ... | |
| Tesla Semi faces a longer-than-expected road to production It's turning out to be a long road to launch for the Tesla Semi. Unveiled in 2017, the all-electric Class 8 truck has already missed its originally intended launch date of 2019. Now the company led by billionaire entrepreneur Elon Musk says it won't hit the market ... | |
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| Coronavirus outbreak shuts down Walmart store in Worcester WORCESTER — Dr. Michael P. Hirsh, the city's medical director, ordered a Walmart Supercenter closed Wednesday after 23 of its employees had tested positive for COVID-19. The local health authority conducted an inspection of the premises Tuesday and ... | |
| Paine Field implements fever detection system inside terminal EVERETT, Wash. -- Paine Field has unveiled a new fever detection system at its new passenger terminal, Propeller Airports announced Wednesday. "It's an effective, easy to implement tool that gets people comfortable," said Brett Smith, CEO of Propeller ... | |
| Luckin Coffee Delays Its Annual Report, Citing Pandemic Luckin Coffee Inc., the Chinese chain that was already facing an accounting probe, plans to delay its annual report because of the impact of the coronavirus pandemic. The retailer, which has shares that trade in the U.S., is taking advantage of a Securities and ... | |
| How Facebook's Reliance deal upends a US$1tril digital arena An innocuous WhatsApp "Hi" could end up transforming a US$1tril (RM4.3tril) industry. Facebook Inc bought its way into India's Internet commerce sphere last week with a US$5.7bil (RM24.68bil) investment in Reliance Industries Ltd, a sprawling ... | |
| Kerry Group withdraws its full year guidance due to Covid-19 Food technology and ingredients company Kerry Group had said that due to the global uncertainty in relation to the timeframe and business impact from the Covid-19 pandemic, it is withdrawing its full year guidance. In a trading update issued ahead of its ... | |
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| Bitcoin rides the 'risk-on' wave Hong Kong: Excitement over Bitcoin's upcoming halving and an overall risk-on environment are pushing up cryptocurrencies, with the largest token reaching its highest level since before the coronavirus-induced crash. Bitcoin gained as much as 1.9 per cent ... | |
| Market Wrap: Bitcoin's Price Tear Suggests It's FOMO Time Again There's an old saying on Wall Street that financial markets are driven by two emotions, fear and greed. In the crypto markets, the driver is often a combination of the two: fear of missing out. The FOMO, as it's often called, looked strong Wednesday as bitcoin ... | |
| COVID-19 puts new twist on rental property scam LETHBRIDGE, AB – The Better Business Bureau (BBB) is warning people about an existing scam that has a newly added twist. Fraudsters will search for information about legitimate home rental or sale properties on specialty websites and copy and paste ... | |
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| County officials say Allegheny County on track for reopening Allegheny County data on cases of the coronavirus show that the county is on track to start reopening, but decisions about that timeline will be made at the state level, county officials said during a press briefing Wednesday. "Our numbers are encouraging and ... | |
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