Author Archives: Syndicated Content
Japan's factory activity shrinks at fastest pace since 2009, new orders slump: PMI
TOKYO (Reuters) - Japan's factory activity contracted at the fastest pace in about a decade in March, as the world's third-largest economy struggled with a severe downturn in overseas and domestic dem...
Mar 31, 2020
Logano finds new purpose during break in racing
Like so many in the world right now, NASCAR champion Joey Logano is spending his downtime figuring out ways to make a positive difference in his community. While home waiting out the COVID-19 pandemic...
Mar 31, 2020
Coronavirus turns Japan business mood negative for first time in seven years
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) - Japanese manufacturers turned pessimistic for the first time in seven years in the three months to March, the central bank's "tankan" survey sho...
Mar 31, 2020
Bond investor Jeffrey Gundlach bets stocks March lows to be surpassed in April
By Kanishka Singh (Reuters) - Bond investor and DoubleLine Capital Chief Executive Jeffrey Gundlach said on Tuesday he believes the coronavirus sell-off is not over yet and that the lows stocks hit in...
Mar 31, 2020
Kuwait set to prop up coronavirus-hit economy amid low oil prices
KUWAIT (Reuters) - Kuwait will announce measures later on Tuesday to shore up the economy against the coronavirus pandemic, a government source told Reuters, while the central bank separately asked ba...
Mar 31, 2020
Stocks under pressure after biggest quarterly drop since 2008
By Herbert Lash NEW YORK (Reuters) - Asian shares faced another leg lower on Wednesday as the coronavirus sharply slows global growth, leading a gauge of world stocks to post its biggest quarterly dec...
Mar 31, 2020
Durant headlines players in NBA 2K video game tourney
(Reuters) - Brooklyn Nets forward Kevin Durant will headline the list of 16 National Basketball Association players who will compete in a NBA 2K video game tournament to help support coronavirus relie...
Mar 31, 2020
Exclusive: U.S. plans to lease space to energy companies to store oil in emergency reserve
NEW YORK/WASHINGTON (Reuters) - The U.S. Department of Energy plans to announce as soon as Wednesday it will allow oil companies to lease space in the Strategic Petroleum Reserve (SPR), as it tries to...
Mar 31, 2020
U.S. pension funds may pour $400 billion into stocks, lifting virus-hit markets: JP Morgan
By Lewis Krauskopf NEW YORK (Reuters) - U.S. pension funds that delayed rebalancing their portfolios are likely to pump about $400 billion into stocks over the next two quarters, analysts at JP Morgan...
Mar 31, 2020
Mexico president ramps up rich vs poor rhetoric in coronavirus fight
By Ana Isabel Martinez MEXICO CITY (Reuters) - As the outlook for Mexico's economy gets gloomier during the coronavirus crisis, President Andres Manuel Lopez Obrador has driven home the message that h...
Mar 31, 2020
