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GLOBAL MARKETS-Dollar rules; ECB stimulus boosts bonds but not stocks

03/19/2020 Comments Off on GLOBAL MARKETS-Dollar rules; ECB stimulus boosts bonds but not stocks

* U.S. stocks open lower, continuing rout * Dollar surges to highest in three years * ECB launches 750 billion-euro asset purchase program * Euro STOXX 600 wipes out earlier

Economy

Coronavirus: Minister says there ‘isn’t a shortage of food’ because of COVID-19 pandemic

03/19/2020 Comments Off on Coronavirus: Minister says there ‘isn’t a shortage of food’ because of COVID-19 pandemic

The government has reassured people that there “isn’t a shortage of food” because of the coronavirus pandemic. Environment Secretary George Eustice told MPs in the Commons that there is “significant

Politics

U.S. weekly jobless claims hit two-and-a-half-year high; mid-Atlantic factory activity plunges

03/19/2020 Comments Off on U.S. weekly jobless claims hit two-and-a-half-year high; mid-Atlantic factory activity plunges

WASHINGTON (Reuters) – The number of Americans filing for unemployment benefits surged by the most since 2012 to a 2-1/2-year high last week, as companies in the services sectors laid

Business

Analyst View: Fed opens central bank swap lines to stave off coronavirus slump

03/19/2020 Comments Off on Analyst View: Fed opens central bank swap lines to stave off coronavirus slump

NEW YORK (Reuters) – The U.S. Federal Reserve on Thursday opened the taps for central banks in nine new countries to access dollars in hopes of preventing the coronavirus epidemic

Business

Big Utah cash pool puts brakes on corporate debt that juiced its yields

03/19/2020 Comments Off on Big Utah cash pool puts brakes on corporate debt that juiced its yields

BOSTON (Reuters) – One of the most aggressive state-run cash pools that regularly trounces the returns of peers and money-market funds with big bets on short-term corporate debt is no

Business

London police investigating two separate fires deemed suspicious

03/19/2020 Comments Off on London police investigating two separate fires deemed suspicious

London police are investigating two separate from the past 24-hours that have been deemed suspicious. The latest took place Thursday morning at the Salvation Army’s Centre of Hope on Wellington

World News

London courthouse remains closed after employee tests positive for COVID-19

03/19/2020 Comments Off on London courthouse remains closed after employee tests positive for COVID-19

The London courthouse will remain closed for the rest of the week after an employee from the building tested positive for the new coronavirus. The news was shared in a

World News

Paramount Resources slashes capital spending plan due to drop in energy prices

03/19/2020 Comments Off on Paramount Resources slashes capital spending plan due to drop in energy prices

Paramount Resources Ltd. is cutting its capital spending plan in the face of a significant drop in global energy prices. The company expects capital spending this year to come in

World News

Calgary Mayor Naheed Nenshi announces utility bill deferrals in light of COVID-19

03/19/2020 Comments Off on Calgary Mayor Naheed Nenshi announces utility bill deferrals in light of COVID-19

The City of Calgary is hoping to help Calgarians by deferring their utility bill payments in light of the novel coronavirus pandemic and its impacts. Speaking on Global News Morning

World News

Peterborough Regional Health Centre adds further visitor restrictions amid COVID-19 pandemic

03/19/2020 Comments Off on Peterborough Regional Health Centre adds further visitor restrictions amid COVID-19 pandemic

The Peterborough Regional Health Centre is further limiting the number of visitors at its facility due to the novel coronavirus pandemic. In a statement released Thursday morning, the hospital says

World News

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Latest Posts
Yellen nomination sails through Senate panel; final vote set for Monday

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Tesla’s U.S. sales slowed in 22 states in 2020, partly because of the pandemic.

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