Cryptocurrency2 hours ago (May 28, 2020 11:41AM ET) Bitcoin (BTC) Price Attempts to Find Support After Testing $10,000 Level 2020 has proven to be positive for Bitcoin so far, with the leading digital currency rising all the way from under $6,900 to over $10,100 in just over a month. While there are numerous fundamental developments […]Read More
Cryptocurrency2 hours ago (May 28, 2020 11:41AM ET) Bitcoin (BTC) Struggles to Maintain $10,000, Falls to $9,500 Support Bitcoin price has come under significant pressure this week as it failed to hold the $10,000 level, which it had reached rather easily since starting this year around $6,900. While the price broke $10,000 on February 9, […]Read More
Economy2 hours ago (May 28, 2020 11:30AM ET) (C) Reuters. FILE PHOTO: Mexico’s President Andres Manuel Lopez Obrador attends a news conference at the National Palace in Mexico City MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador said on Thursday he disagrees with the Bank of Mexico’s forecasts for a major recession caused […]Read More
Economy2 hours ago (May 28, 2020 11:20AM ET) (C) Reuters. FILE PHOTO: World Bank President David Malpass attends the “1+6” Roundtable meeting at the Diaoyutai state guesthouse in Beijing WASHINGTON (Reuters) – World Bank Group President David Malpass on Thursday called for longer-term debt relief for the world’s 77 poorest countries, and said many would […]Read More
10/10 (C) Reuters. FILE PHOTO: Times Square is illuminated in blue as part of the “Light It Blue” initiative to honor healthcare workers, during the outbreak of the coronavirus disease (COVID-19) in New York 2/10 By Tom Bergin and Lawrence Delevingne LONDON/BOSTON (Reuters) – Last month Zagg (NASDAQ:ZAGG) Inc, a Utah-based company that makes mobile […]Read More
Economy2 hours ago (May 28, 2020 11:05AM ET) 2/2 (C) Reuters. FILE PHOTO: European Commissioner for Budget and Administration Johannes Hahn holds a news conference in Brussels 2/2 BRUSSELS (Reuters) – The European Commission wants higher guarantees for the next long-term EU budget to back Commission borrowing for economic recovery and as a safeguard against […]Read More
Economy2 hours ago (May 28, 2020 10:55AM ET) (C) Reuters. FILE PHOTO: Bottles of the Taittinger Champagne are seen at the Central Universal Department Store (TsUM) in Kiev PARIS (Reuters) – Global champagne sales are forecast to slump by a third, or 100 million bottles, this year as the coronavirus crisis shuts bars and restaurants […]Read More
Economy3 hours ago (May 28, 2020 10:45AM ET) (C) Reuters. FILE PHOTO: The spread of the coronavirus disease (COVID-19) in New York WASHINGTON (Reuters) – The U.S. Treasury and Small Business Administration said on Thursday that they were setting aside $10 billion of funding from the Paycheck Program (PPP) to be lent exclusively by Community […]Read More
(C) Reuters. FILE PHOTO: A man holds Lebanese pounds next to U.S. dollar banknotes at a currency exchange shop in Beirut By Tom Arnold LONDON (Reuters) – Emerging market investors are no strangers to sovereign debt crises, but few have been as perilous as the one facing Lebanon given a toxic combination of financial and […]Read More
Economy3 hours ago (May 28, 2020 10:25AM ET) (C) Reuters. Libya summit in Berlin By Michelle Nichols UNITED NATIONS (Reuters) – U.N. chief Antonio Guterres called on Thursday for debt relief to be offered to all developing and middle-income countries amid the coronavirus pandemic and urged the International Monetary Fund to consider boosting global liquidity […]Read More
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