When Roger Jenkins was asked to help Barclays avoid a state bailout at the height of the financial crisis in 2008, he was expecting a bonus not a prosecution for his efforts.
BENGALURU/MUMBAI (Reuters) – Gold in top-consumer China was offered at a discount for the first time in more than 3-1/2 years this week as the coronavirus outbreak stifled demand, while record prices in India pushed discounts to their widest in four months. The coronavirus outbreak continued to take its toll on activity as China reported more than 78,800 infections with almost 2,800 deaths so far. China offered discounts of up to $6.8 an ounce versus the benchmark. …read more […]
We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are… …read more […]
Oil prices slumped on Friday to their lowest in more than a year, set for their steepest weekly fall since 2008 as the global spread of the coronavirus stokes demand fears.
Bernard Madoff’s former customers will soon see their total recovery approach $14 billion, a court-appointed trustee said on Friday, as the dying swindler awaits a decision on whether the U.S. government will support his request to leave prison early.
Switzerland on Friday banned large events expected to draw more than 1,000 people in a drive to curb the new coronavirus epidemic, prompting cancellation of the Geneva car show and grumbling from businesses watching demand vanish.
In this article we are going to estimate the intrinsic value of QUALCOMM Incorporated (NASDAQ:QCOM) by estimating the… …read more […]
We’ll soon get the first proper glimpse at the economic damage the coronavirus is inflicting. China’s official Purchasing Managers’ Index is due on Saturday, and is expected to show the sharpest manufacturing contraction since the 2008 global financial crisis.
Potential Transocean Ltd. (NYSE:RIG) shareholders may wish to note that the Independent Chairman of the Board… …read more […]
The rapid worldwide spread of coronavirus and the economic implications of the outbreak have triggered the biggest weekly stock market rout since the 2008 financial crisis, wiping $6 trillion off global equities.
Is it time to buy stocks now that the coronavirus has caused stocks to crash? Top experts weigh in on Yahoo Finance. …read more […]
Global commodities trader Trafigura said on Friday it had formed a joint venture with U.S. refiner Phillips 66 to build a major deepwater port in Texas capable of handling supertankers, ditching its own competing project.
Major private equity firms, which have built up big distressed debt funds in recent years, are ready to snap up assets on the cheap if the coronavirus outbreak causes deeper market disruptions, executives told an industry meeting this week.
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