Pandemic Financial News
20.02 / 16:45
COST
Citi
Exodus
pandemic
country
reports
Destinations
Florida, Texas rank as top destination for relocating businesses
'Kudlow' panelists Russ Vought and Michael Faulkender discuss the Trump administration's tax code.
20.02 / 16:29
20.02 / 15:41
markets
Booking
pandemic
Trade
rock
reports
Relationships
Barclays Doesn’t Want to Be Cool
Few themes have been as unpopular among investors in recent years as European investment banking and the U.K. Barclays wants to double down on both. The bank’s shares jumped around 6% Tuesday, despite disappointing 2023 financial results.
20.02 / 15:13
Provident
Fallout
Research
community
wellness
pandemic
Relationships
NYCB stock rout prompts US bank regulators to conduct health checks
NEW YORK/WASHINGTON (Reuters) — U.S. banking regulators have been asking regional lenders whether they faced any fallout from the problems at New York Community Bancorp (NYSE:NYCB), several sources said, in a sign that worries about the health of the sector persist.
20.02 / 14:29
19.02 / 13:49
COST
UPS
Research
wellness
pandemic
Diamondback
America’s Oil Power Might Be Near Its Peak
A U.S. shale boom that helped suppress oil-price surges over the past two years is waning. The country’s crude oil output is expected to increase by just 170,000 barrels a day in 2024 from last year, down from a jump of 1 million barrels a day in 2023, according to federal record-keepers.
19.02 / 13:37
Aviat
Coronavirus
pandemic
travelers
Traffic
International
Dubai International Airport had 86.9 million passengers last year in a post-pandemic surge
The number of passengers flying through Dubai International Airport has surged in the last year beyond its total for 2019 — just before the coronavirus pandemic grounded global aviation
19.02 / 10:55
economy
Sustainability
film
pandemic
show
country
travelers
China's travel spending during Lunar New Year holidays beats pre-COVID levels
BEIJING (Reuters) -Tourism revenues in China during the Lunar New Year holidays that ended on Saturday surged by 47.3% year-on-year and surpassed 2019 levels, thanks to a domestic travel boom amid a longer-than-usual break, official data showed on Sunday.
19.02 / 03:11
Provident
economy
Death
pandemic
country
social
NOT
Farmers’ worries real, but they are not solely in pain
₹6,000 each year from the treasury. Similarly, during the covid pandemic, the government began providing free foodgrain and edible oil each month to those in need. These schemes are continuing still, and are regarded as great aid in the villages of Uttar Pradesh, Uttarakhand and Bihar, which I have been in direct contact with.
18.02 / 18:27
markets
pandemic
Experts
Universities
Latin
information
Eruditus to deepen its India presence to grow
₹3,343 crore, from ₹1,962 crore a year earlier. “The number of Indians who want to learn or educate is less than 10% when it comes to 25-30 years of age and that’s still a drop in the ocean. So, in that sense, there is a much greater need and as traditional brick-and-mortar institutions would not be able to cater to it, we need partnerships.
18.02 / 14:19
markets
UPS
economy
wellness
pandemic
reports
travelers
Affluent India is fuelling the equities surge. But that story has gaps
kya lagta hai (what do you think?). Every bull market needs a story. One of the main stories currently being sold is the premiumization of the Indian economy or that Indian consumers are buying more expensive products than in the past and how that will continue to benefit listed companies.
18.02 / 05:19
markets
COST
economy
pandemic
trends
Trade
European Commission
show
end
Charting the global economy: UK, Japan fell into recession at the end of 2023
recession at the end of last year, marked by two consecutive quarters of contracting activity. While the euro area is expected to avoid a downturn, the European Commission still sees the bloc growing slower than initially forecast this year. And in Australia, the unemployment rate climbed to the highest level in two years, consistent with expectations for its economy to soften. Meantime, US consumer prices jumped at the start of the year, though economists maintain that inflation is still broadly on a downward trend.
16.02 / 14:31
16.02 / 14:31
economy
Election
Coronavirus
pandemic
show
stage
end
UK fell into recession at the end of 2023 as economy takes center stage in runup to general election
The British economy fell into recession at the end of 2023 as output shrank more than anticipated in the final three months of the year
16.02 / 14:31
16.02 / 13:21
16.02 / 12:07
markets
Citi
CEO
security
pandemic
show
track
Weekend
Has a global investment bank banned the long weekend?
Deutsche Bank’s decision to ban staff from working at home Friday and the following Monday — a common practice at firms that come to the office three days a week — has drawn a new line in the sand in the ongoing tussle between bosses and workers.
16.02 / 11:55
COST
Manufacturing
economy
pandemic
reports
Colleges
Interviews
Fed Chair Powell Just Said the Quiet Part Out Loud
Over the last several months, we have seen repeated employment reports from the Bureau of Labor Statistics (BLS) that crushed economists’ estimates and seemed to defy logic. Such is particularly the case when you read commentary about the state of the average American as follows.
15.02 / 23:05
markets
Reuters
Manufacturing
economy
pandemic
show
country
Rate Cut
US dollar retreats as slew of data keeps rate cut expectations in June intact
By Gertrude Chavez-Dreyfuss
15.02 / 20:13
15.02 / 19:03
markets
pandemic
information
reports
prevention
rights
Profiles
Large private lenders join hands informally to stem attrition tide
Mumbai: Large private sector banks such as ICICI Bank, HDFC Bank, and Axis Bank have informally agreed among themselves not to poach employees from each other, as they seek to stem attrition, particularly at the junior level. Senior executives in these private banks have told Mint that they are ensuring that candidates with less than 2 years of work experience are not hired from a rival lender. “We did have attrition which is very high at the junior level.
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