Saudi Arabia's Public Investment Fund (PIF) has suspended plans to change some of the terms of a $10 billion loan it raised last year after some banks voiced reservations, sources said.
Cybersecurity is one of the fastest rising groups within the software space, and has gone on a massive rally since the market bottom in March. During that span CrowdStrike, which is set to report earnings Tuesday, has been one of the best performers
By Brett Owens
IaEURtmm no mind reader, but IaEURtmm guessing youaEURtmd leap at an investment with the stability of a bond and the upside of a stock right now.
Financial firms were trading higher premarket Tuesday, with the Select Financial Sector SPDR (XLF) up more than 1% recently. The Direxion Daily Financial Bull 3X shares (FAS) were over 2% higher and its bearish counterpart Direxion Daily Financial Bear 3X shares (FAZ) were down
The hotel sector has been devastated by the impact of COVID-19 as countries around the world hit the economic pause button to slow the spread of the new virus. Hotel real estate investment trusts (REITs) have seen their shares get cut in half, or worse, in 2020. Although countri
Bank of America Corp on Tuesday pledged $1 billion to help communities across the country address economic and racial inequality, the first big bank to vow monetary support following violent protests after the death of an unarmed black man at the hands of police in Minneapolis.
Consumer firms were gaining in Tuesday's premarket trading as shares of staples companies in the S&P 500 (XLP) climb 0.34% and consumer discretionary firms (XLY) rally by 0.49%.
The InterWork Alliance launched as a platform-neutral, non-profit organization dedicated to create standards frameworks to increase innovation across token-enabled ecosystems. Nasdaq's Johan Toll explains why such an initiative is needed and what role Nasdaq is playing.
Few companies have been pushed to the forefront of public consciousness during COVID-19 like Zoom Video Communications (NASDAQ: ZM). Practically overnight, Zoom became a household name synonymous with video calling as people socialize and work from the confines of their homes. F
First Abu Dhabi Bank, the United Arab Emirates' largest lender, last month sold $500 million in privately placed 30-year Formosa bonds which had a 0% coupon.
After two months of solid gains, the market has a lot to live up to as we begin June. However, stocks did rise to kick things off on Monday amid an economic re-opening and violent protests in several U.S. cities.
The NASDAQ was up 0.66% (or about 62 points) to 9552.05 and is
HONG KONG/LONDON (Reuters Breakingviews) - Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.
The Chinese city of Wuhan, where the novel coronavirus outbreak first emerged, found no new cases of COVID-19 and 300 asymptomatic carriers after testing most of its 11 million residents, city officials said on Tuesday.
Senegal has postponed the restart of schools until further notice after several teachers tested positive for the new coronavirus, the education ministry said late on Monday.
Gold eased on Tuesday, weighed down by gains in stock markets, but concerns over civil unrest in U.S. cities and growing tensions between Washington and Beijing limited the decline.
There's absolutely no question that 2020 is going to be a year that investors never forget. In a matter of weeks in late February and early March, the U.S. stock market went from humming along at all-time highs to the fastest decline into bear market territory in history (just 1
Shares of Apple (NASDAQ: AAPL) have seen quite the run-up recently. Over the past year, the stock is up more than 80% as investors have applauded the company's continual evolution to a business model that is less dependent on hardware revenue and is more services-based.
(RTTNews) - European stocks rose on Tuesday to hit their highest level in nearly three months as optimism around a post-coronavirus economic recovery helped offset jitters over increasingly violent social unrest in the U.S. and rising U.S.-China tensions.
EU antitrust regulators will decide by July 6 whether to clear Austrian sensor maker AMS's 4.6 billion euro ($5.14 billion) bid for German lighting group Osram after a preliminary review, a European Commission filing showed on Monday.