Category Archives: Markets

As Protections Expire, Millions Of Americans Face Threats Of Eviction 

NPR’s Noel King speaks with Matt Desmond, founder of Princeton’s Eviction Lab, about the threat of a rising number of evictions nationwide as federal evictions relief draws to an end.

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The End Of $600 Unemployment Benefits Will Hit Millions Of Households And The Economy 

Millions of Americans who lost jobs during the pandemic are in danger of having their incomes cut for a second time. The sudden halt in payments would be felt in households and throughout the economy.

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Rating agencies owe the market more transparency 

In a crisis, investors want information about relative strengths and weaknesses not just downgrades

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India should focus on food security, use its rural population to battle COVID-19: American economist Richard Wolff 

The post-pandemic world, the economist cautioned, has to face the need to not return to the pre-pandemic ‘normal’. 

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London drops off the list of top 10 European travel hot spots for the first time 

New research by data firm ForwardKeys shows flight bookings in Europe and the U.S. falling by 99.6% so far in 2020.

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Italian government bonds stage sharp rally on recovery fund hopes 

Borrowing costs fall most since early June as investors bet on breakthrough in EU talks

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Russia And Saudi Arabia Are Rooting For Biden. Here’s Why 

Low oil prices are hurting Putin and MbS. A Biden victory is their best bet to fix their economies.

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PM Modi interacts with IBM CEO Arvind Krishna; IBM says has big investment plan for India 

IBM CEO Arvind Krishna revealed that he has a huge investment plan for India, however, he did not disclose the details.

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Marks & Spencer to cut 950 jobs in latest Covid-19 blow to high street 

Redundancies at stores and head office follow job losses at John Lewis and Boots this monthCoronavirus – latest updatesSee all our coronavirus coverageMarks & Spencer is to cut 950 jobs at its head office and stores, in the latest blow to UK high street retailers hit hard by the coronavirus pandemic.The latest cuts – to store management posts as well as […]

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UK restaurants: tensions boil over as diners and chefs fall out over VAT cuts and costly no-shows 

Customers expect too much, say struggling owners as anticipated reopening bonanza fails to materialiseCoronavirus – latest updatesSee all our coronavirus coverageRestaurants struggling to make money are increasingly finding themselves at loggerheads with customers as tensions over reopening lead to rows and disagreements. Related: The restaurant industry is […]

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Turkey fuels regional power game over Mediterranean gas reserves 

Competing claims have left Ankara isolated. Its efforts to stall projects threaten billions of dollars in investment

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Fauci takes aim at Trump administration, state lawmakers and young Americans: ‘You’re propagating the pandemic’ 

Anthony Fauci made his case to Facebook CEO Mark Zuckerberg as to why it’s time to change the approach to the coronavirus.

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China warns UK firms ‘retaliation is coming’ over Huawei 5G ban 

China has warned British businesses ‘retaliation is coming’ and they could be ‘in the firing line’ after the UK banned Huawei from the nation’s 5G network.

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A new sell signal? Stocks underperform after pay revolt, says UBS 

Swiss bank’s fund unit notifies investment teams when companies lose executive remuneration vote

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Chinese owned TikTok’s plans to establish a global HQ in Britain are now in doubt after Huawei row 

A controversial Chinese social-media firm’s plans to establish its global headquarters in the UK have been thrown into doubt amid growing concern about Beijing’s influence in Britain.

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