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Aussie and Kiwi dollars lead gains; dollar falls LONDON (Reuters) - The U.S. dollar fell in overnight trading on Monday, edging away from last week's two-and-a-half-week highs, while the riskier New Zealand and Australian dollars gained as fears of a second wave of COVID-19 did little to dampen ...
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The Fed's corporate bond buying is stoking bubble fears The Federal Reserve said last week it would start buying individual corporate bonds in addition to ETFs. Such intervention has boosted markets but also is stoking fears that risk appetite is getting carried away. Companies have issued record-setting amounts ...
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He's 34 years old and owns $550 million worth of Apple — so why is he hoping the stock gets hammered? Ryan Cohen isn't like other 34-year-olds. Not just because he's the billionaire founder of online pet retailer Chewy CHWY, +1.21% , but also because of his unique approach to handling all that money. Invest in another startup? Not yet, though he's played with ...
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Exclusive: After BP takes a hit, investors widen climate change campaign LONDON (Reuters) - Investors managing £1.8 trillion ($2.2 trillion) in assets are widening a campaign pressing oil majors to better reflect climate risks in their accounting, and will soon target other businesses with heavy fossil fuel exposure, the group said on ...
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FOREX-Dollar dips, Aussie outperforms as investors weigh coronavirus impact ... * Graphic: World FX rates in 2019 tmsnrt.rs/2egbfVh (Adds details, updates prices; changes byline, dateline; previous LONDON) By Karen Brettell NEW YORK, June 22 (Reuters) - The U.S. dollar dropped and higher risk currencies including the Australian ...
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Shale industry will be rocked by $300 billion in losses and a wave of bankruptcies, Deloitte says The U.S. shale industry is about to enter a period of "great compression" as low oil prices hammer the sector, according to Deloitte. The firm believes that exploration and production companies could write down the value of their assets by $300 billion, with ...
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Billionaire Bill Ackman Hires Minority-Owned Investment Banks To Co-Lead $4 Billion Deal At the Forbes Philanthropy Summit on Friday afternoon, billionaire private equity investor Robert F. Smith laid out his plan to close the racial wealth gap in America. Among his compelling ideas was a recommendation that America's largest corporations and ...
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EMERGING MARKETS-Asian FX, stocks checked by renewed pandemic fears ... * Graphic: World FX rates tmsnrt.rs/2egbfVh * Graphic: Foreign flows into Asian stocks tmsnrt.rs/3f2vwbA * Fears of second wave of coronavirus cases weigh * Rupiah extends declines * S. Korean stocks, won under pressure as exports fall By Shriya ...
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Coronavirus Changed Everything. Except TJ Maxx. The coronavirus pandemic ushered in a surge in online shopping, and most retailers are scrambling to adapt. Not T.J. Maxx. TJX -1.52%. The discount chain isn't looking to quickly ramp up e-commerce beyond its minuscule level or add new features allowing ...
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Google's Ad Revenue Forecast to Drop 5.3% in 2020 Big Tech continues to dominate ad spend, but the leaderboard will look a little different this year as top dog Google is tipped to lose market share to the chasing pack, with Amazon and Facebook snapping at its heels. EMarketer today released figures that ...
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