India’s Sensex Advances on Positive Start to Earnings Season

India stocks rose as investors focused on company earnings commentaries while weighing the impact of the continuing spread of coronavirus infections on the business outlook. The S&P BSE Sensex climbed 1% to 37,388.14, as of 10:08 a.m. in India, after closing above a key technical barrier on Friday and capping its longest stretch of weekly wins since December. The measure’s […]

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BlackRock Shifts Money From China After Break-Neck Stocks Rally

The world’s biggest money manager is joining a wave of global investors taking profits in Chinese equities after a historic rally, and plans to shift some of the funds to emerging markets that are in a more nascent stage of recovery. Gordon Fraser, co-head of global emerging markets equities at BlackRock Inc., began betting on stocks in countries such as […]

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Japan’s Export Slump Drags on Even as Markets Reopen

Japanese exports fell by more than 20% for a third straight month even as key markets started to reopen from virus shutdowns. The value of Japan’s overall shipments overseas slid 26.2% in June from a year earlier, led by steep declines in exports of cars and auto parts, the finance ministry reported Monday. Economists forecast a 24.7% fall. Although exports […]

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'Britain's Warren Buffett' explains why the Berkshire Hathaway chief isn't striking many deals, and shares 1 key lesson from the investor that he's applying today

Warren Buffett famously struck lucrative deals with Goldman Sachs, General Electric, and other struggling companies during the financial crisis. He wasn't able to repeat the feat during the coronavirus crash because the banks were in better shape and the government provided aid, a fund manager dubbed "Britain's Warren Buffett" told Business Insider. "There just haven't been the opportunities this time […]

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Iran could flood the market with millions of barrels of oil if Joe Biden becomes president, one of Wall Street's top analysts says

The oil market is not considering the threat of a Joe Biden victory in the US election, a renowned oil analyst warned this week.  RBC Capital Markets' Helima Croft told Business Insider that a Biden victory could lead to the renegotiation of the Iran Nuclear Deal, which could in turn see Iran up international oil production. "You could see a […]

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Chinese ports hit capacity as virus tests slow clearing: shippers

Fox Business Flash top headlines for July 17 Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. BEIJING – Testing of imported food for the novel coronavirus is pushing capacity at some major Chinese ports to their limit, major shippers told customers this week, warning of additional fees and possible diversions to other ports. Continue Reading […]

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Crude Oil Futures Settle Lower On Concerns About Energy Demand

Crude oil prices edged lower on Friday, weighed down by concerns about the outlook for near-term energy demand due to the relentless surge in new coronavirus cases in many states in America and in several other countries across the globe. However, the recent data showing a significant drop in crude inventories in the U.S. and OPEC’s decision to ease production […]

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Fed Adapts Main Street Program to Include Smaller Nonprofits

The Federal Reserve formally expanded its Main Street Lending Program to include nonprofit organizations and eased some of its initially-indicated terms to allow smaller entities to participate. “Nonprofits provide vital services across the country and employ millions of Americans,” Fed Chair Jerome Powell said in a statement Friday. “We have listened carefully and adapted our approach so that we can […]

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