Jun 9, 2020 | Finance
ATHENS, Greece (AP) — Greece raised 3 billion euros ($3.4 billion) Tuesday in its third bond issue of the year, managing to wrap up most of its annual borrowing needs before the end of the first half. The oversubscribed benchmark 10-year issue carried a rate of 1.57%....
Jun 9, 2020 | Finance
CAIRO (AP) — A unit affiliated with Libya’s east-based forces that have been trying to capture Tripoli but are now on the retreat, ordered the country’s largest oil field to halt work just hours after it restarted operations, the national oil company said...
Jun 9, 2020 | Finance
WASHINGTON (AP) — Chairman Jerome Powell faces a challenging task Wednesday: He’ll need to make a convincing case that the Federal Reserve is committed to using all its tools to bolster an economy gripped by recession — without making any policy changes to show...
Jun 9, 2020 | Finance
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Tuesday related to the national and global response, the work place and the spread of the virus. ________________________ LOSING LUSTER: The...
Jun 9, 2020 | Finance
NEW YORK (AP) — Macy’s said Tuesday that roughly several hundred stores that have reopened are performing better than anticipated as it disclosed an update on its fiscal first-quarter results. Like many department stores and other non-essential retailers, Macy’s...
Jun 9, 2020 | Finance
BRUSSELS (AP) — Environmental groups are urging the European Union to take drastic action to protect insects, saying in a report Tuesday that more than 40% of the world’s insect species are in decline because of pesticide use and industrial farming. Friends of the...
