All News Results

  • Beijing autoshow: China's back, EVs booming, outlook uncertain

    China's auto market has rebounded smartly from the COVID-19 crash in recent months, executives said on Saturday, as a rare in-person trade show was dominated by talk of recovery in the world's biggest car market.

  • British ministers prepare for social lockdown in northern Britain, London: The Times

    • BY Reuters|
    • 06:28 PM ET 09/27/2020

    - The British government is planning to enforce a total social lockdown across a majority of northern Britain and potentially London, to combat a second wave of COVID-19, The Times reported late on Sunday. Under the new lockdown measures being considered, all pubs, restaurants and bars would be ordered to shut for two weeks initially, the report said.

  • Jordan's monarch dissolves parliament in preparation for November election

    Jordan's King Abdullah dissolved parliament on Sunday, officials said, paving the way for an election in November at a time of rising popular discontent over worsening economic conditions and curbs on public freedoms under emergency laws. Under constitutional rules, the government must resign within a week.

  • Value of U.S. commercial property slashed by 27%, Financial Times reports

    The economic effects of the coronavirus are battering the U.S. commercial-backed securities market, raising the question of the value of hotels, malls, and other buildings that act as collateral for mortgages, according to a report in the Financial Times on Sunday.

  • Philadelphia Equity Transaction Closes to fund 6 High End Apartments in University City

    PHILADELPHIA, Sept. 27, 2020  Raising equity for commercial real estate projects is still very possible in this economic climate says Jared Cobert of Diligence Capital Advisors, the well established capital solutions firm based in Philadelphia, PA. Mr. Cobert sourced and closed on an equity transaction this past Friday September 25th for a 6 unit lavish apartment project in the coveted Universi...

  • Correction to Grocers Stockpile 'Pandemic Pallets' Article

    Chris Testa is the president of United Natural Foods. "Grocers Stockpile, Build' Pandemic Pallets' Ahead of Winter" at 5:44 a.m. incorrectly said he was the CEO. (END) Dow Jones Newswires 09-27-20 1149 ET Copyright (c) 2020 Dow Jones& Company, Inc..

  • Jordan's monarch dissolves parliament in preparation for November election: official

    Jordan's King Abdullah dissolved parliament on Sunday, officials said, paving the way for an election in November. Under constitutional rules, the government must resign within a week. In July, Jordan's electoral commission set Nov. 10 as the date for a parliamentary election after the monarch called for countrywide polls to be held at the end of the parliament's four-year term.

  • Jordan's monarch dissolves parliament in preparation for Nov election - official

    Jordan's King Abdullah dissolved parliament on Sunday, officials said, which under constitutional rules means the government must resign within a week, paving the way for elections in November. In July, Jordan's electoral commission set Nov. 10 as the date for parliamentary elections after the monarch called for countrywide polls to be held at the end of the parliament's four-year term.

  • Bonds Are Beating Stocks in Topsy-Turvy 2020

    Stocks have staged a furious rally since bottoming in late March, but bonds are still winning the race for returns this year. Despite a 47% rise since March 23, the S&P 500 is up just 2.1% in 2020. The Dow Jones Industrial Average is down 4.8% and the Russell 2000 index of small-capitalization stocks is off 12%. Only the Nasdaq Composite has managed a meaningful increase this year, up 22%, because of a surge in a handful of big technology stocks.

  • China's Export Machine Looks Inward as Global Risks Rise

    YIWU, China-- Chinese makers of goods for export are seeking to turn inwards and sell domestically, a pivot considered key to making the world's second-largest economy more self-sufficient. In recent weeks, Chinese President Xi Jinping has called for the country to embrace what he calls domestic circulation-- a policy designed to bolster local supply chains and encourage domestic consumption to make China more resilient to future commercial or geopolitical disruption, such as...

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