Market News
SBI instant savings account online: Eligibility, benefits, features explained
livemint.com - 3 Aug 2020 08:35
SBI offers Aadhaar-based instant digital savings account facility for customers who want to open an online account.The nomination facility is available for SBI Insta Saving Bank Account holders
Coffee Drinkers Stay Home, Hitting Some Beans Harder Than Others
Wall Street Journal - 3 Aug 2020 13:25
The coffee bean market has bifurcated since lockdowns forced a shift in consumer behavior. Futures linked to arabica beans, which are popular in cafes and restaurants, have fallen much more than those tied to robusta bea...
Gilead Shows the Dangers of Covid-19 Drug Mania
Wall Street Journal - 3 Aug 2020 13:00
Investors chasing vaccine riches have assumed unrealistic odds of success and of profitability in the case of a breakthrough for treating Covid-19.
Microsoft May Test the Faith With TikTok
Wall Street Journal - 3 Aug 2020 18:00
A deal could stretch Microsoft's renewed credibility in deals and business execution.
Refiners Retrench as Demand For Gasoline, Jet Fuel Shrivels
Wall Street Journal - 3 Aug 2020 11:30
U.S. fuel makers ran below capacity in the second quarter in a preview of the challenges they are likely to face as the world transitions away from fossil fuels.
Bitcoin, Litecoin, Ethereum: When They Move, They All Move Together
Forbes - 3 Aug 2020 23:15Argentina Near $65 Billion Restructuring Deal With Bondholders
Wall Street Journal - 3 Aug 2020 22:40
The government is finalizing an agreement with its biggest private creditors to restructure about $65 billion in foreign debt and resolve the country's third sovereign default this century, according to people involved i...
Global Insurer AIG Swings to Quarterly Loss
Wall Street Journal - 3 Aug 2020 22:21
American International Group Inc. swung to a loss for the second quarter driven in part by substantial costs tied to the pandemic.
Commerzbank Appoints New Chairman, Defying Big Investor Cerberus
Wall Street Journal - 3 Aug 2020 21:48
German lender Commerzbank appoints former state bank executive Hans-Jörg Vetter as its new chairman, ignoring opposition from its second largest shareholder, Cerberus Capital Management.
These Two Companies Look Favorable Ahead Of Earnings
Forbes - 3 Aug 2020 19:24Top ETFs To Buy As Investors Eye Gold And Treasuries
Forbes - 3 Aug 2020 18:59Trump: TikTok Will Be Banned If Not Sold By September 15. Can Microsoft Be The Only Bidder?
Forbes - 3 Aug 2020 18:57How covid-19 could change the face of residential realty
livemint.com - 3 Aug 2020 18:30
Covid-19 has accelerated consolidation in the real estate sector.With the advent of work from home, we may see some of the mid-income residential demand pushed to the far suburbs and even smaller cities
Returns on my investments
livemint.com - 3 Aug 2020 17:53
A portfolio must have an ideal mix of financial products .Here's a look at how four commonly used asset types--equity, cash, gold and fixed income--have done in different periods
The WTO Struggles To Find New Leader; Gives Leadership To Four People
Forbes - 3 Aug 2020 17:50This Second Stimulus Check Would Pay The Most
Forbes - 3 Aug 2020 17:47Turkish State-Owned Banks On Lending Spree To Stave-Off COVID-19 Crash
Forbes - 3 Aug 2020 17:44Raytheon Technologies Reports Robust 2Q Results, Maintain Buy Rating
Forbes - 3 Aug 2020 17:37Trump Administration Reportedly Considering 'Unilateral Action' If Lawmakers Can't Reach A Deal On Second Stimulus
Forbes - 3 Aug 2020 17:36Hedge-Fund Launches Pick Up Despite Covid-19 Pandemic
Wall Street Journal - 3 Aug 2020 17:00
Hedge-fund manager Gaurav Kapadia has raised more than $1 billion in committed capital for his new firm, XN LP, according to people familiar with the fund, and is up 7.4% after fees in its public investments since its Ju...
HSBC Has More Problems Than Covid-19
Wall Street Journal - 3 Aug 2020 16:12
Linking East and West has been a good business for the Asia-focused bank, but it is getting harder to balance political priorities in its main markets.