Housebuilder also benefits from rush to complete purchases before end of stamp duty holiday Coronavirus – latest updates See all our coronavirus coverage Last modified on Wed 14 Jul 2021 10.03 EDT Barratt Developments, Britain’s biggest housebuilder, has forecast it will make more than £800m in annual pre-tax profits, as […]
Delta reported its first quarterly profit since late 2019 thanks to federal payroll aid. Domestic leisure demand has fully recovered and corporate travel also rose in the quarter. Delta said its third-quarter revenue would likely come in down up to 35% below 2019 levels. In this article DAL Delta Air […]
US COVID cases continue to rise above the 20000 mark. 26091 new coronavirus infections were reported in the United States on Tuesday, taking the national total to 33,914,922. The weekly average is 25661. With 373 additional deaths reporting on the same day, the total COVID death toll in the country […]
After ending the previous session mixed, the major U.S. stock indexes may move to the upside in early trading on Wednesday. The major index futures are currently pointing to a higher open, with the S&P 500 futures up by 5.25 points. The Nasdaq 100 futures are even more firmly positive […]
‘Q1 is going to bear the brunt of the second wave, exposing full-year GDP forecasts to downward revisions, unless phase-3 of vaccination is executed quickly.’ Downgrades to EPS growth forecasts and hyper-inflation are the biggest risks for Indian equities, Rajesh Cheruvu, chief investment officer, Validus Wealth, tells Ashley Coutinho. What […]
As lobbying and counter-lobbying intensify, right now, it looks like a T20 match, discovers Tamal Bandyopadhyay. Is it a bird? Is it a plane? At a 1992 World Cup match at the Gabba, commentators were at a loss as they wondered when and how South African cricketer Jonty Rhodes had […]
Norwegian Cruise Line filed a lawsuit, hoping to put an end to the state's law preventing businesses from requiring customers to show proof of Covid-19 vaccination. Without a lifting of the ban, the company says it would be forced to cancel cruises. Norwegian's first sailing from Florida is set for […]
The China-India bilateral trade in the first half of the year totalled $57.48 billion, up 62.7 per cent year on year, perhaps the highest in recent years amid the Ladakh impasse and the COVID-19 pandemic, according to data released by China’s Customs. Though Indian exports to China picked up with […]
The cost of gasoline has been rising in 2021 as the United States emerges from a pandemic-era slump in prices at the pump. That means that many consumers will be shopping for fuel efficiency, as they tend to do when gas prices rise. (Fuel economy may or may not have […]
Investment banking arms of two Wall Street firms benefit from global glut of mergers and acquisitions First published on Tue 13 Jul 2021 12.39 EDT Goldman Sachs and JP Morgan have reported bumper profits for the second quarter as their investment banking divisions continued to ride the global boom in […]
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