Category: Business

The stakes are high for financial markets as Americans go to the polls on Tuesday in U.S. elections that have already made history with a record number of early votes cast. From potential major policy changes to huge election night volatility and post-election swings, this is what investors are watching out for on and after […]

With the pandemic having pushed any talk of austerity to the sidelines, the race is on in Europe to spend its economies out of recession and back to some semblance of normality. While the total cash being thrown at the challenge amounts to trillions of euros, that masks deep national differences between the amount and […]

Britain’s airports and airlines need urgent support to survive the “very bleak future” posed by a new lockdown in England, warned the boss of one of the country’s biggest airport groups. Very low levels of travel in recent months have put airlines and airports under renewed financial strain after they were effectively shut during Britain’s […]

Over the past four years the U.S. Federal Reserve has navigated a global trade war, absorbed verbal blows from a volatile president, and confronted a once-in-a-century pandemic. But any hope Tuesday’s election will bring a new era of calm to U.S. central banking may be wishful in an economy still coping with massive unemployment, uncertainty […]

China International Capital Corporation (CICC) 3908.HK601995.SS has broken into the world’s top two investment banks for new listings for the first time since the global financial crisis due to its role leading in fintech giant Ant Group’s 6688.HK688688.SS mega float, Dealogic figures show. League tables published on Monday distributing credit for the Ant deal has […]

Tuesday’s presidential election between President Donald Trump and former Vice President Joe Biden could have dramatic effects on various stocks and sectors, and investors have spent months trying to identify potential winners and losers. A group of stocks seen benefiting from Biden’s Democratic policies has outperformed those seen benefiting from Republican Trump. Over a two-month […]

Democratic presidential candidate Joe Biden has promised to push his own tax proposals on “day one” if he wins the election on Tuesday – including raising the corporate tax rate to 28% and doubling the rate to 21% on overseas profits from patents, copyrights and trademarks. The higher rate on intellectual property would “be a […]