ECB Extends Remote Working to End of Year as Virus Picks Up

Stock Markets1 hour ago (Aug 03, 2020 08:54AM ET) (C) Bloomberg. The European Central Bank (ECB) headquarters stands near residential apartment blocks in Frankfurt, Germany, on Wednesday, April 29, 2020. The ECB’s response to the coronavirus has calmed markets while setting it on a path that could test its commitment to the mission to keep […]

Europe cushions workforce as U.S. lifeline runs threadbare

2/2 (C) Reuters. FILE PHOTO: Hundreds of people line up outside a Kentucky Career Center hoping to find assistance with their unemployment claim in Frankfort 2/2 By Tom Sims and Norma Galeana FRANKFURT/LOS ANGELES (Reuters) – – While millions of U.S. workers thrown into unemployment by the coronavirus pandemic fret about feeding their families, idled […]

Top 5 Things to Know in the Market on Monday, August 3rd

(C) Reuters. By Peter Nurse — TikTok has become the latest flashpoint between the Chinese and U.S. governments as Microsoft (NASDAQ:MSFT) circles, while Wall Street is set for a quiet start as the earnings season continues. Investors will be looking at Washington for more news about another relief package as the coronavirus enters a […]

UK proposes redemption breathing space for property funds

Stock Markets3 hours ago (Aug 03, 2020 06:20AM ET) (C) Reuters. LONDON (Reuters) – Investors in property funds should wait up to 180 days before they can get their money back, Britain’s Financial Conduct Authority proposed on Monday. Open-ended property funds offer daily redemptions to entice investors, but many remain suspended after market volatility in […]

Japan retailer Nojima bets on longevity as population shrinks

Economy5 hours ago (Aug 03, 2020 04:56AM ET) 2/2 (C) Reuters. 74-year-old store clerk Tadashi Sato works at the electronics retailer Nojima’s store in Fujisawa 2/2 By Kiyoshi Takenaka FUJISAWA, Japan (Reuters) – At Japanese electronics retailer Nojima’s (T:7419) sales outlet in Fujisawa, south of Tokyo, Tadashi Sato, 72, is defining a work culture that […]