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U.S. Companies Leap Over Low Profit Hurdle in Coronavirus-Hit Quarter

Posted on August 4, 2020 by TeamIcarus | 0 Comments

NEW YORK (Reuters) - A record high percentage of U.S. companies are beating analysts’ forecasts this earnings season, giving investors a glimmer of hope in what is still expected to…

US’s Defense Production Act Kicks Kodak Into Gear

Posted on August 1, 2020 by TeamIcarus | 0 Comments

After having been comprehensively steamrolled by the move to digital cameras in recent years, the once-great American icon has been thrown an epic lifeline. After having filed for bankruptcy in…

G20 Finance Officials Stop Short of Recommending Debt Freeze Extension

Posted on July 19, 2020 by TeamIcarus | 0 Comments

WASHINGTON/DUBAI (Reuters) - Finance officials from the Group of 20 countries on Saturday called for all official bilateral creditors to implement fully a short-term debt freeze for the world's poorest…

Lack of international cooperation will hinder economic recovery

Posted on May 29, 2020 by TeamIcarus | 0 Comments

The years after the 2007-09 global financial crisis were characterised by an orgy of rule-making by financial regulators around the world to address the weaknesses exposed by the upheavals.