News Formal

London stocks end lower as weak earnings weigh | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 86%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

LONDON, Aug 28 ― London stocks ended yesterday on the back foot as earning updates from firms like Rolls-Royce underlined the extent of corporate damage inflicted by the coronavirus pandemic, while Federal Reserve Chief Jerome Powell's speech brought few surprises. The blue-chip FTSE 100 fell 0.8...

The blue-chip FTSE 100 fell 0.8 per cent, with banks , mining companies and energy stocks leading the declines. — Reuters pic

The blue-chip FTSE 100 fell 0.8 per cent, with banks , mining companies and energy stocks leading the declines. The Fed rolled out an aggressive new strategy to restore the United States to full employment and lift inflation back to healthier levels in a world where weak inflation, low interest rates, and slow growth appear here to stay.

Trillions of dollars in stimulus has sent global equity benchmarks back to their pre-pandemic highs, but the UK's FTSE 100 is still about 21 per cent below that level as the economy struggles to recover from a record crash in the second quarter.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 1. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Nearly 6,000 applications for Penjana aid approved as of Aug 14, says finance minister | Malay MailKUALA LUMPUR, Aug 27 — A total of 5,838 applications amounting to RM40.73 million have been approved through the Tekun Business Recovery Scheme (TBRS) under the Economic Recovery Plan (Penjana) as at Aug 14, 2020, an increase from 3,459 applications a week ago. Finance Minister Tengku Datuk...
La source: malaymail - 🏆 1. / 86 Lire la suite »

Cyber attack halts New Zealand stock market for third straight day | Malay MailWELLINGTON, Aug 27 — Cyber attacks forced New Zealand’s stock exchange to halt trading today for the third time in as many days, its operator said today, just as the country’s corporate reporting season gets underway. The New Zealand Exchange (NZX) said the bourse was placed into a trading...
La source: malaymail - 🏆 1. / 86 Lire la suite »