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Month: May 2020

Stock News

EU governments allowed to take stakes in virus-hit firms By Reuters

May 8, 2020 admin 0

© Reuters. BRUSSELS (Reuters) – The European Commission on Friday adopted rules allowing EU governments to help virus-hit companies by acquiring stakes in the firms, which will be subjected to a ban on dividends, share […]

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Royal Dutch Shell: The World Has Fundamentally Changed (NYSE:RDS.A)

May 8, 2020 admin 0

Dividends “The world has fundamentally changed” was the opening line of CEO Ben van Beurden this morning before he went on to “rebase” (read: cut) the Royal Dutch Shell (RDS.A) dividend from $0.47 to $0.16 […]

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U.S. post office loss doubles as it warns COVID-19 will hit its finances By Reuters

May 8, 2020 admin 0

© Reuters. A United States Postal Service (USPS) worker works in the rain in Manhattan during outbreak of coronavirus disease (COVID-19) in New York WASHINGTON (Reuters) – The U.S. Postal Service on Friday said it […]

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This Week's Market Wrap: AI Memory Shock, Crude Cracks, And Data Boxes In The Fed

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This Week's Market Wrap: AI Memory Shock, Crude Cracks, And Data Boxes In The Fed

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