Saturday, 28 Sep 2024

Business

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Stimulus hopes power S&P 500 to record high

(Reuters) – The S&P 500 jumped to an all-time high on Friday as data showing the slowest jobs growth in six months reinforced expectations for a new fiscal stimulus bill to help revive the economy from its worst downturn in decades.FILE PHOTO: The Fearless Girl statue is seen as the U.S. flag covers the front […]

Shaky aisles: Supermarket giant faces scrutiny amid rising tension with suppliers

Tensions between supermarket giant Foodstuffs and some of its suppliers over a stock shake-up have dragged long-standing grievances about NZ’s duopoly back into the spotlight, writes Kate MacNamara. New World supermarkets are reducing and changing the range of choice they offer across their grocery shelves and, in the process, culling some of the stores’ suppliers […]

Vaccine optimism propels Nasdaq to record high

(Reuters) – The Nasdaq Composite hit an all-time high on Thursday as investors stayed focused on a COVID-19 vaccine and looked beyond bleak economic data, while Boeing Co lifted the Dow Jones Industrial Average.FILE PHOTO: The front facade of the New York Stock Exchange (NYSE) is seen in New York, U.S., November 24, 2020. REUTERS/Brendan […]

Informa Markets Fashion Sets Agenda for 2021, a Mix of Digital and Live Events

Informa Markets Fashion, organizer of such fashion trade events as MAGIC, Coterie, Project, MICAM Americas and Sourcing at MAGIC has revealed its event schedule for 2021. Informa Markets Fashion will return in January with a second edition of digital marketplace events, while also reintroducing live events starting with a new event format in February. A […]

S&P 500, Nasdaq at record as vaccine hope eclipses poor data

(Reuters) – The S&P 500 and Nasdaq touched all-time highs on Thursday as hopes of a swift COVID-19 vaccine-driven recovery and economic stimulus eased immediate worries about rising coronavirus cases and dismal economic data.FILE PHOTO: The front facade of the New York Stock Exchange (NYSE) is seen in New York, U.S., November 24, 2020. REUTERS/Brendan […]

Wall Street heads for subdued start ahead of jobless claims

LONDON (Reuters) – Wall Street was headed for a subdued start on Thursday as investors waited for fresh clues on the economy from jobless claims, hoping the data will help persuade Congress to finally agree on a COVID-19 stimulus package.FILE PHOTO: The Nasdaq building in Times Square is illuminated in blue as part of the […]

Putting your money in the right place could just put the world right

The pandemic has resulted in seismic shifts in human behaviour globally and has had a significant – and positive – impact on the environment. Air pollution, for example, has dropped by nearly 50 per cent in New York, while carbon emissions in China fell by around 25 per cent when the country was on partial […]