US stocks fell Thursday as investors were discouraged by an unexpectedly poor display of unemployment claims and a grim outlook from Walmart.The Dow Jones Industrial Average fell 260 points. The S&P 500 was down 1.0% while the Nasdaq...
LONDON - Credit Suisse posted a better-than-expected loss in the fourth quarter of 2020 due to higher litigation provisions.The Swiss bank on Thursday reported a net loss of 353 million Swiss francs (392.8 million US dollars) for the fourth...
A security guard takes off his protective mask at the entrance to the Shanghai Stock Exchange Building.Yves Dean | Getty ImagesSINGAPORE - Asia Pacific stocks were mixed in trading on Thursday as investors watched mainland China stocks move...
BlackRock's Rick Rieder told CNBC on Wednesday that the world's largest wealth manager had started entering the bitcoin space.The remarks from Rieder, BlackRock's chief investment officer for global fixed income, came the same day Bitcoin broke above $ 51,000...
Workers unload the cargo from a Hungarian Airbus 330 plane after transporting the first doses of the Chinese Sinopharm vaccine against the coronavirus (Covid-19) at Budapest Ferenc Liszt International Airport on February 16, 2021.ZOLTAN MATH | AFP |...
SINGAPORE - Asia Pacific stocks were lower on Wednesday after an overnight slump for the S&P 500 in the US as investors became increasingly concerned about rising bond yields.In Japan, the Nikkei 225 was down 0.75% in morning trading...
Riyadh skyline in Saudi Arabia.Simon Dawson | Bloomberg | Getty ImagesDUBAI, United Arab Emirates - Saudi Arabia announced late Monday in a bold and unexpected move that the government would cease doing business with international companies whose...
LONDON - European countries could see "tremendous growth acceleration" in the summer as vaccinations step up, Dutch Finance Minister Wopke Hoekstra told CNBC.European economies are battling one of the deepest shocks in history. The coronavirus pandemic halted much...
SINGAPORE - Asia Pacific stocks rose on Tuesday as markets in mainland China remain closed for the New Year holidays.Hong Kong's Hang Seng index, which has returned to trading after the holidays in recent days, rose 1.30%.In Japan, the...
WASHINGTON – Secretary of Defense Lloyd Austin will meet with members of the world's most powerful military alliance on Wednesday for the first time since joining the Biden administration.NATO meets Wednesday and Thursday to discuss an array of challenges...
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