CoinShares, a New York-based cryptocurrency service that provides advice and other services for investors, released a statement on the state of Bitcoin mining during the global uncertainty caused by the coronavirus, ahead of a planned, more thorough June 2020 mining report.
While COVID-19 spreads globally, hospitals are preparing to handle an ever-growing influx of people infected with the novel coronavirus. Medical resources -- personnel, equipment, and hospital rooms -- have been reallocated for the outbreak. In most cases, non-essential procedur
Most U.S. casinos are going to be shut down for the foreseeable future, and when they reopen, it may be months, or even years before business returns to normal. The economy could be headed into a recession, which will result in less spending from both consumers and businesses.
Over the last few weeks, millions of Americans have watched their investment portfolios hemorrhage money as the COVID-19 pandemic continues to disrupt life across the globe. It's likely to take several weeks or months to staunch the bleeding, and months more to see shares rise t
(RTTNews) - Genworth Financial, Inc. (GNW) and China Oceanwide Holdings Group Co., Ltd. announced Tuesday that the New York State Department of Financial Services (NYDFS) has reapproved the proposed acquisition of control by Oceanwide of Genworth's New York-domiciled insurance c
The last month has been brutal to the stock market thanks to the coronavirus pandemic. All but five tickers in the S&P 500 index posted negative returns, and 440 of its 500 stocks fell at least 20%. The median move on this highly respected index was a massive 36% plunge.
EU antitrust regulators have set a new deadline of July 24 to decide whether to clear Ray-Ban maker EssilorLuxottica's 7.2-billion-euro ($7.8 billion) bid for Dutch opticians group GrandVision.
(RTTNews) - Indian shares rebounded on Tuesday, with firm global markets offering support after the U.S. Federal Reserve launched unlimited bond buying and promised other steps to support the world's largest economy, which is reeling from the coronavirus pandemic.
The Federal Reserve's unparalleled steps to directly backstop the U.S. economy and its willingness to purchase vast sums of U.S. government debt, mortgage-backed securities and even corporate bonds could help boost depleted liquidity in the $17-trillion Treasury market.
(RTTNews) - RATIONAL AG (RTLLF.PK) said, in view of the negative developments of the past two weeks, the company is retracting the forecast it gave on 10 March 2020. Also, the recommended dividend of 10.70 euros per share will be reviewed. A new dividend proposal will follow in
(RTTNews) - Asian stocks posted strong gains on Tuesday after the U.S. Federal Reserve said it would purchase an unlimited amount of Treasurys and mortgage-backed securities, a move that will help reduce currency and credit risks amid fears of a virus-induced global recession.
(RTTNews) - Pernod Ricard (PDRDF.PK, PDRDY.PK, PRN.L) said, with the revised assumptions linked to COVID-19, the Group now projects an organic decline in profit from recurring operations for fiscal 2020 of approximately 20%. On 13 February 2020, the company issued a guidance of
(RTTNews) - Rio Tinto plc (RTPPF.PK, RIO.L, RIO, RTNTF.PK) said it will slow down some of its operations as a result of separate actions by the Premier of Quebec and the President of South Africa to contain the spread of COVID-19. All mining operations at Richards Bay Minerals i
(RTTNews) - German hospital operator Rhoen-Klinikum AG (RKKPF.PK) reported Tuesday that its fiscal 2019 net consolidated profit declined to 44.5 million euros from last year's 51.2 million euros.
(RTTNews) - Breweries Anheuser-Busch, Diageo and certain distilleries across the world are producing and donating hand sanitizer to help fight the coronavirus or Covid-19 pandemic.
(RTTNews) - The Nordex Group (NRDXF.PK) said it anticipates consolidated sales of 4.2 billion euros to 4.8 billion euros for the current financial year in which sales in the second half of the year will exceed those of the first half. The company expects EBITDA to be within a ra
(RTTNews) - Nokia said it declared more than 3,000 patent families as essential for 5G, less than six months after declaring its previous milestone at 2,000 patent declarations.
(RTTNews) - European stocks may open higher on Tuesday as traders bet that global central banks will unveil more easing measures to shield the world economy from a looming recession caused by the coronavirus.
(RTTNews) - ARYZTA AG (ARZTY.PK) said third-quarter trading patterns have been in line with guidance up until 15 March. However, it is now clear that COVID-19 will have a material impact on Group performance in fiscal 2020.
(RTTNews) - Today's Daily Dose brings you news about Aytu BioScience's progress in its COVID-19 diagnostic tests, Roche's myeloid leukemia trial results, Milestone Pharma's disappointing NODE-301 trial results and Hoth Therapeutics getting on the bandwagon of COVID-19 drug devel