Pandemic Financial News

29.02 / 07:13

markets Citi pandemic Freedom show travelers Hong Kong lifts curbs on property market, to spend more on tourism

Hong Kong’s government is lifting some curbs on property deals after home prices fell to a seven-year low

29.02 / 06:47

markets Provident Reuters Fighting security pandemic Exclusive-ECB to keep floor under market rates but with eye on demand -sources

By Francesco Canepa and Frank Siebelt

28.02 / 20:34

markets COST Target pandemic President CoStar show Supply still matters: Why US housing inflation relief may be short-lived

By Howard Schneider

28.02 / 16:48

markets UPS FIVE Hyundai wellness pandemic 2020 Lower auto prices are finally giving Americans a break after years of inflationary increases

Price increases for cars and trucks in the United States, which helped fuel inflation for nearly three years, are slowing and in some cases falling, helping cool overall inflation and giving frustrated Americans more hope of finding an affordable vehicle

28.02 / 16:11

COST Nov pandemic show rowing Mortgage rates over 7% are throttling homebuyer demand

Real estate agent Mauricio Umansky says high mortgage rates, high prices and low supply are creating difficulties for homebuyers on 'The Claman Countdown.'

28.02 / 07:43

markets Reuters pandemic Trade President India's coal imports to fall for first time since the COVID-19 pandemic amid record-high stockpiles

coal imports are expected to fall for the first time this year since the COVID-19 pandemic due to increasing domestic output and record-high inventories, industry officials said on Tuesday. Out of eleven coal traders, Reuters spoke with at the Coaltrans India conference in the western state of Goa, eight expected shipments of the fuel to decrease this year, while the others foresaw flat imports or marginal growth.

28.02 / 04:03

markets UPS Reuters Pool wellness pandemic show Australia home prices likely to rise 5.0% this year and next: Reuters poll

By Devayani Sathyan

28.02 / 01:23

markets economy pandemic country outbreak shock NOT Focused on job at hand, not future role, says Kristalina Georgieva as IMF chief term ends in 7 months

IMF and the first person from an emerging market economy. Keeping Georgieva on for a second term would answer longstanding concerns raised by emerging market and developing countries over the US-European duopoly at the two global financial institutions, the IMF and World Bank.

28.02 / 00:06

markets ETF Strategy BlackRock pandemic rights BlackRock says more active management needed in ‘new regime’

BlackRock Inc., which capitalized on a decade-long boom in index investing, said investors should rely more heavily on actively managed strategies.

27.02 / 15:22

markets COST Citi pandemic show reports Home prices hit a new all-time high in December

Real estate agent Mauricio Umansky says high mortgage rates, high prices and low supply are creating difficulties for homebuyers on 'The Claman Countdown.'

27.02 / 15:02

markets UPS Target pandemic Trade Videos Zoom Video shares gain on strong results, $1.5-billion buyback

(Reuters) -Zoom Video Communications' shares gained more than 7% in early trading on Tuesday after the company delivered better-than-expected results and announced a share buyback of up to $1.5 billion.

27.02 / 14:41

markets UPS Software pandemic stage reports Videos Will Zoom Ever Soar Again?

Nobody expects much from Zoom Video Communications these days. Sometimes that works to the company’s advantage. The videoconferencing wunderkind that shot to fame during the early days of the pandemic has been experiencing a long and painful comedown since.

27.02 / 14:03

Provident Waters security Food pandemic reports India to bar rice exporters from UN World Food Programme tenders

NEW DELHI : India will not grant permission to domestic rice exporters to participate in United Nations World Food Program (WFP) tenders, a senior official told Mint, a move that risks stoking global food security concerns. This is the first time New Delhi has taken such a measure, which is yet to be announced publicly.

27.02 / 12:13

markets Citi Waves Target Sustainability pandemic performer NOT Citi says S&P 500 not in a bubble, tells investors to 'buy pullbacks'

The latest market upswing, sparked by Nvidia’s (NVDA) strong earnings beat and guidance, has brought S&P 500 valuations to the forefront, making them a primary concern among investors as the index reached new all-time highs.

27.02 / 02:58

Manufacturing economy Remark pandemic country International Yellen says global economy remains resilient, lauds US as growth driver

U.S. economic growth has been a «key driver» of better than expected global growth, U.S. Treasury Secretary Janet Yellen will tell a news conference on Tuesday ahead of this week's meeting of G20 finance officials in Sao Paolo, Brazil. In excerpts of her remarks released by Treasury, Yellen said the International Monetary Fund and other forecasters had projected a broad-based slowdown in the global economy in 2023 that did not happen.

26.02 / 18:15

markets COST CEO pandemic show In China vs Europe EV battle, Renault leads latter's charge

Renault and China-owned MG launched new electrified cars in Europe at the Geneva car show on Monday as Chinese automakers seek to take more market share from European rivals. Europe's auto industry is scrambling to cut costs and roll out more affordable, well-reviewed electric vehicles (EVs) to counter the arrival of cheaper Chinese models. The strong presence of Chinese competitors at the show, which returns this week after a four-year hiatus due to the Covid-19 pandemic, shows «they are interested in our market, in our customers,» Renault CEO Luca de Meo said..

26.02 / 13:25

markets UPS Booking pandemic trends Marlboro Altria Cigarettes are losing their hold on the nicotine fix

Pretty soon, Americans who crave a nicotine hit will be more likely to reach for a vape or an oral nicotine pouch than a cigarette. Few tobacco companies look ready for this milestone. According to data from Marlboro maker Altria, cigarettes’ share of the U.S.

26.02 / 11:19

markets UPS Manufacturing pandemic reports Profiles Passenger vehicle volume to rise by 5-7 per cent, touch new peak in next fiscal: Report

SUV segment, credit rating agency Crisil said on Monday. This anticipated growth is expected to come on the back of an estimated high base of 6-8 per this financial year even as demand for cars and exports remain muted, it said. A significant change in consumer preference has cranked up demand for SUVs leading to its market share doubling to around 60 per cent of total domestic volume this fiscal from around 28 per cent before the pandemic in fiscal 2019, the ratings agency said. This preference is expected to grow further, backed by a healthy pipeline of new model launches across price points, including electric variants, and normalised availability of semiconductors after a prolonged period of short supply, it said.

26.02 / 06:51

Provident FIVE Gap Food pandemic country reports Mint Explainer: What the latest survey of household consumption spending reveals

₹3,773 a month on average as consumption expenditure in 2022-23 while her urban counterpart spent ₹6,459, the Ministry of Statistics and Programme Implementation’s (MOSPI’s) National Sample Survey Office (NSSO) estimated after a nationwide study of households’ spending patterns. Of this, consumers in rural India spent about 46% on food and those in urban areas about 39%. Other expenses include health, education, rent, clothing and conveyance.

26.02 / 00:29

markets Target Analysis economy pandemic show UK job vacancies fall 15% year-on-year in January, Adzuna data shows

LONDON (Reuters) — British employers advertised the fewest jobs in nearly three years last month, with numbers down 15% from a year ago, figures from recruitment data company Adzuna showed on Monday, adding to signs that the labour market is cooling.

25.02 / 16:43

markets Digital Strategy pandemic audience social testing Indian passenger vehicle industry engages numerous social media influencers to accelerate sales

Indian passenger vehicle industry — which saw a historic 27% growth in FY23 with sales of 3.90 million vehicles, and growing since the pandemic – has floored the pedal by engaging numerous social media influencers to further accelerate sales. And the strategy seems to be working just fine: most automakers have been able to sell cars to an increasingly informed set of buyers – who seemed to know pretty much everything about a vehicle before even stepping into a showroom. The content created by these influencers are consumed by prospective buyers across the country – driving an unprecedented market expansion, beyond the top-tier cities/towns.

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