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Spain’s new government on Wednesday announced a 5.5% rise in the minimum wage retroactive to Jan. 1, the third major economic initiative the left-wing coalition has announced since taking office … Read More
Wall Street rebounded on Wednesday as a healthy forecast from IBM enticed buyers back to the equity market while investors kept a wary eye on the developing coronavirus outbreak. … Read More
Huawei Chief Financial Officer Meng Wanzhou returned to a Vancouver courtroom on Wednesday where Canadian prosecutors defended a U.S. extradition request, saying Meng’s alleged bank fraud is the heart of … Read More
The U.S. Federal Reserve could tighten monetary policy as soon as the second half of 2020, provided inflation even modestly picks up, Guggenheim Partners Global Chief Investment Officer Scott Minerd … Read More
Oil prices fell about 2% on Wednesday as a market surplus forecast by the International Energy Agency (IEA) and demand worries amid the outbreak of a virus in China outweighed … Read More
World stock markets bounced back on Wednesday, even as deaths from China’s new virus rose to 17, while oil prices tumbled as a market surplus forecast alleviated supply concerns. … Read More
U.S. stocks are headed higher, although a 10% correction is “long overdue”, Anthony Scaramucci, founder and co-managing partner of Skybridge Capital, said on Wednesday. – Reuters: Money News
Boeing chief executive Dave Calhoun told reporters on Wednesday the U.S. planemaker expects to resume 737 max production “months” before its forecasted mid-year return to service. – Reuters: Money … Read More
Renault on Wednesday said France’s anti-corruption agency was carrying out checks at the company, though a source at the carmaker, which was rocked by the arrest of former boss Carlos … Read More
Spain’s new government said on Wednesday it would raise the minimum wage by 5.5 percent effective immediately. – Reuters: Money News