70% of Dubai companies expect to go out of business within six months due to coronavirus pandemic, survey says
Read more from the original source: 70% of Dubai companies expect to go out of business within six months due to coronavirus pandemic, survey says
Futures retreat as trade tensions add to pandemic woes
Read the original post: Futures retreat as trade tensions add to pandemic woes
U.S. weekly jobless claims remain high (2.438 million) as backlogs, layoffs linger
Original post: U.S. weekly jobless claims remain high (2.438 million) as backlogs, layoffs linger
Gold drops 1% on firmer dollar, hopes of economic recovery
Read the original post: Gold drops 1% on firmer dollar, hopes of economic recovery
Lufthansa closes in on $10 billion state rescue deal, would see Germany take a 20% stake
View post: Lufthansa closes in on $10 billion state rescue deal, would see Germany take a 20% stake
Gold slips as economic recovery hopes lift equities
Source: PRECIOUS-Gold slips as economic recovery hopes lift equities – Reuters
Highly indebted ‘zombie’ companies control more than 2 million U.S. jobs
Heavily indebted companies have helped to lead the stock market charge higher. Source: Highly indebted ‘zombie’ companies control more than 2 million U.S. jobs
Fed minutes show fears of ‘extraordinary amount of uncertainty and considerable risks’ because of coronavirus
The meeting, which ended April 29, concluded with the central bank’s policymaking arm holding steady on interest rates and pondering future measures ahead. Source: Fed minutes released
Stashing some gold? Here’s why that could soon be illegal, according to one notable hedge-fund bear
Source: Stashing some gold? Here’s why that could soon be illegal, according to one notable hedge-fund bear – MarketWatch
Gold firms on stimulus wave, doubts about possible vaccine
Source: PRECIOUS-Gold firms on stimulus wave, doubts about possible vaccine – Reuters