[ad_1] (Reuters) – The Dow Jones Industrial Average surged over 5% on Monday while the S&P 500 and Nasdaq each jumped more than 4% in a major rebound following last week’s steep sell-off sparked by
Wall Street roars back, sparked by stimulus hopes
[ad_1] Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 2, 2020. REUTERS/Brendan McDermid NEW YORK (Reuters) – Wall Street surged on Monday as investors hunted for
UK advertising watchdog investigates Shell’s ‘drive carbon neutral’ campaign
[ad_1] FILE PHOTO: A Shell logo is seen at a gas station in Buenos Aires, Argentina, March 12, 2018. REUTERS/Marcos Brindicci LONDON (Reuters) – Britain’s advertising watchdog has opened an investigation into claims by Shell
Gold gains as coronavirus raises policy-easing chances
[ad_1] (Reuters) – Gold rose nearly 1% on Monday after suffering its largest daily fall in nearly seven years, as expectations grew for policy easing by the U.S. Federal Reserve and other central banks to
Stocks rally after last week’s rout on central bank policy hopes
[ad_1] LONDON/NEW YORK (Reuters) – Equity markets around the world surged on Monday as the prospect for central banks cutting interest rates to soften the economic blow of the coronavirus heartened investors and drove U.S.
Central bank help to virus-stricken economies would be opportunity to sell, says Exante Data
[ad_1] NEW YORK (Reuters) – Global central banks may ease market panic in the short-term with measures to combat economic stress caused by coronavirus, but the effectiveness of any intervention is likely to be limited
U.S. manufacturing sector slows; construction spending hits record high
[ad_1] WASHINGTON (Reuters) – U.S. factory manufacturing activity slowed in February as new orders contracted, reflecting worries about supply chain disruptions related to the fast-spreading coronavirus outbreak, which has revived financial market fears of a
Sensex, Nifty take negative turn after two new cases of coronavirus
[ad_1] (Reuters) – Indian shares gave up early gains to settle lower for a seventh straight session on Monday, rocked by fears the coronavirus would develop into a pandemic after the country reported two fresh
Gold climbs on coronavirus-driven bets on interest rate cuts
[ad_1] (Reuters) – Gold rose more than 1.5% on Monday, recovering from its biggest one-day decline in nearly seven years, on the potential for interest rate cuts by the U.S. Federal Reserve to soften the
India sees 2020/21 fuel demand growth rebound
[ad_1] NEW DELHI (Reuters) – India expects its refined products demand growth to rebound to 3.8% in the financial year beginning April, tracking improved economic growth, according to government estimates that were made in January