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  • German Jobless Claims Fell Unexpectedly in February

    German jobless claims fell unexpectedly in February, showing the resilience of the German labor market in the face of the spreading coronavirus epidemic. Jobless claims fell by 10,000 in February after falling by a revised 4,000 in January, the Federal Employment Agency said on Friday. The preliminary reading for January showed a fall of 2,000..

  • News Highlights: Top Global Markets News of the Day

    More Markets Enter Corrections as Coronavirus Spooks Investors. Global shares fell further, on worries that the economic fallout from the global spread of the coronavirus may be more severe than previously expected. Bets on Interest Rate Cuts Escalate.

  • Cisco Starts New Round Of Layoffs -- WSJ

    This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal. Cisco Systems Inc. (CSCO) has started a new round of job cuts as the networking-equipment maker faces the prospect of slowing sales growth because of global economic uncertainty. The layoffs, Cisco (CSCO) told The Wall Street Journal on Thursday, are "part of an ongoing process of aligning our investments and resources to meet the...

  • AB InBev Misses Forecast Under Pressure From Costs, Fizzy Rivals -- WSJ

    This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal. Anheuser-Busch InBev SA (BUD) reported lower quarterly profit that missed analysts' estimates and sent its shares down sharply, blaming higher costs and lost market share in the U.S. to hard seltzer makers. AB InBev-- the world's largest brewer, with brands such as Budweiser, Bud Light and Michelob Ultra-- said its profit margins...

  • China Shanghai Rubber Futures Closing Prices, Volume

    Friday, February 28 2020 Natural Rubber Turnover: 423,035 lots Open High Low Settle Prev. Change Vol Open Settle Interest Mar-20 10,855 10,855 10,550 10,745 11,180 -435 3 51 Apr-20--- 11,175 11,175 0 0 39 May-20 11,100 11,100 10,535 10,800 11,315 -515 316,663 142,518 Jun-20 11,075 11,155 10,695 10,855 11,390 -535 14 46 Jul-20 11,215 11,225 10,755 11,015 11,465 -450 17 34 Aug-20--- 11,100 11,550 -450 0 20 Sep-20 11,260 11,360 10,810 11,080 11,585 -505 101,486 78,103 Oct-20 11,265...

  • News Highlights: Top Global Markets News of the Day

    More Markets Head Toward Correction Territory as Coronavirus Spooks Investors. Global shares fell further, on worries that the economic fallout from the global spread of the coronavirus may be more severe than previously expected. Stocks Slide Into a Correction as Virus Fears Show No Sign of Easing.

  • UK Consumer Confidence Continues to Rise on Hopes for a Stronger Economy

    British consumer confidence rose for a third straight month in February, continuing an upward trend as Britons anticipate a stronger economy now that an impasse in the Brexit process has been resolved. An index of consumer confidence gathered by market-research firm GfK rose two points to minus seven in January, beating a consensus forecast of economists who had predicted it would remain steady at minus nine. The index was pulled higher by continued improvements in how the...

  • Baidu Warns of Revenue Drop, Signaling Trouble for China's Private Sector -- Update

    BEIJING--Chinese search-engine giant Baidu Inc. (BIDU) warned its first-quarter revenue could drop 5% to 13% as the coronavirus epidemic wallops many of the sectors that fuel its bread-and-butter advertising business. The Beijing-based company, once called the Google of China, said travel, real estate, and other businesses that rely on offline spending have slashed their marketing. The outbreak has frozen swaths of China's economy, forcing millions of people to remain indoors...

  • News Highlights: Top Global Markets News of the Day

    Stocks Slide Into a Correction as Virus Fears Show No Sign of Easing. Stocks, bond yields and oil prices slid as investors braced for a drop in business activity and corporate earnings following the spread of the coronavirus. The Dow, Nasdaq and S&P 500 are now all more than 10% off their recent highs.

  • News Highlights: Top Global Markets News of the Day

    Stocks Slide Into a Correction as Virus Fears Show No Sign of Easing. Stocks, bond yields and oil prices slid as investors braced for a drop in business activity and corporate earnings following the spread of the coronavirus. The Dow, Nasdaq and S&P 500 are now all more than 10% off their recent highs.

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