The hardest-hit Central European stock markets recovered some losses on Friday, with Warsaw blue-chips adding more than 5% after their worst-ever fall in the previous session, while the Czech crown stabilised after a sharp fall.
In case you haven't heard, Social Security is currently in quite the bind. According to the 2019 Social Security Board of Trustees report, the most successful social program in our nation's history is facing an estimated cash shortfall of $13.9 trillion between 2035 and 2093 due
(RTTNews) - German stocks rebounded on Friday, though underlying sentiment remained cautious amid renewed fears about the economic damage from the coronavirus outbreak.
World stocks were set on Friday for their worst week since the 2008 financial crisis, with coronavirus panic-selling hitting nearly every asset class and investors fretting that central bank action may not be enough to soothe the pain.
European broadcasting giant RTL Group on Friday reported a 10% increase in 2019 profit as revenue reached a record €6.65 billion ($7.44 billion), driven mainly by higher sales from global content unit Fremantle and its digital business.
Bitcoin plummeted to its lowest in almost a year on Friday before rebounding sharply, as coronavirus panic selling hit asset classes across global markets. Bitcoin has lost around 60% of its value since Saturday.
(RTTNews) - Asian stocks slipped further on Friday after a historic fall on U.S. markets overnight as investors became concerned that governments had moved too late to slow the spread of the novel coronavirus.
Euro zone government bond yields rose on Friday as government debt remained under pressure after Thursday's selloff, when the European Central Bank disappointed markets with its measures to contain the fallout from the coronavirus.
Chinese shares and government bond futures fell on Friday, tracking global markets downwards after a meltdown triggered by intensifying fears over the spread of coronavirus around the world.
London stocks rebounded on Friday from their worst day in more than three decades as a recovery in oil prices and fresh moves by policymakers to tackle the economic impact of the coronavirus outbreak lifted sentiment.
Spanish pharmaceutical company Pharma Mar said on Friday tests carried out in test tubes with its cancer drug Aplidin on samples of a virus similar to the COVID-19 coronavirus were encouraging.
Italy's biggest insurer Assicurazioni Generali confirmed all its targets through 2021 on Friday, after posting a record operating result for 2019, despite coronavirus-related uncertainty and soaring market volatility.
Chinese shares and government bond futures fell on Friday, tracking global markets downwards after a meltdown triggered by intensifying fears over the spread of coronavirus around the world.
The rouble firmed in early trade on Friday, rising off four-year lows hit overnight amid an oil market selloff and widespread concerns about the impact of the coronavirus.
(RTTNews) - Ferrari (RACE) stated that the company has activated more rigorous preventive measures to ensure the highest standards of health procedures for its employees. The company's announcement follows the decree on COVID-19 issued by the Italian Government. The workforce pr
Chinese shares and government bond futures fell on Friday, tracking global markets downwards after a meltdown triggered by intensifying fears over the spread of coronavirus around the world.
UK oil producer Premier Oil on Friday said it had identified at least $100 million in potential savings on its 2020 capital spending plans as it and other rivals scramble to adjust to the plunge in global crude prices.
Kenya has banned all major public events after confirming its first case of the new coronavirus, in a woman who had returned to Kenya from the United States, the health minister said on Friday.
Apron-clad Zhang Xuesi adjusted the flame on his cooking stove, while wielding a spatula to flip in his pan the ingredients for a dish of Cantonese-style prawns coated in breadcrumbs.