The U.S. bank sector has been pummeled this year but investors hunting for bargains there may need deep reserves of patience as banks are particularly sensitive to low interest rates, the uneven economic recovery and the muddy stimulus outlook. REUTERS: The U.S. bank sector has been pummeled this year but […]
Day: October 9, 2020
President Donald Trump promised a new dawn for the struggling U.S. steel industry in 2016, and the lure of new jobs in Midwestern states including Michigan helped him eke out a surprise election win. CHICAGO: President Donald Trump promised a new dawn for the struggling U.S. steel industry in 2016, […]
GENEVA: The World Food Programme said Friday (Oct 9) that winning the Nobel Peace Prize was a “powerful reminder” that ending global hunger was inextricably linked to ending wars and conflict. “This is a powerful reminder to the world that peace and #ZeroHunger go hand-in-hand,” the Rome-based WFP said on […]
OSLO: The World Food Programme won the Nobel Peace Prize on Friday (Oct 9) for its efforts to combat hunger and improve conditions for peace in conflict areas, the Nobel committee said. “With this year’s award, the Norwegian Nobel Committee wishes to turn the eyes of the world towards the […]
LE MANS: Bradley Smith topped the times in the first free practice for this weekend’s French MotoGP, posting a best lap of 1min 43.804sec at a rain-soaked Le Mans. Brit Smith finished 0.154sec ahead of Ducati Avintia’s French rider Johann Zarco as the contenders raced conservatively in poor track conditions. […]
LONDON: The British government is on Friday (Oct 9) set to announce further support for firms to retain staff in the coming months if they are forced to close as a result of the imposition of further lockdown restrictions. With the government expected to tighten restrictions over the coming days […]
LONDON: Former Manchester United captain Roy Keane launched a stinging criticism of the club’s players, saying they could get manager Ole Gunnar Solskjaer sacked if they continue to underperform. United suffered a 6-1 hammering at the hands of Tottenham Hotspur on Sunday, their joint worst loss in the Premier League […]
LONDON: Gareth Southgate said Tammy Abraham, Ben Chilwell and Jadon Sancho face a battle to win their spots back after the England manager was impressed by the performance of the experimental side he fielded in Thursday’s 3-0 victory against Wales. Abraham, Chilwell and Sancho missed the friendly at Wembley Stadium […]
LONDON: Britain’s economy expanded by a much lower-than-expected 2.1 per cent in August from July as the country tries to recover from its record slump during the coronavirus lockdown, official data showed on Friday (Oct 9). Economists polled by Reuters had expected growth of 4.6 per cent in August, according […]