2020-09-24 10:44:57| The Economic Times
Indias $2 trillion stock market has rebounded more than 40% from a March bottom, joining a global rally in defiance of a bleak economic outlook.
2020-09-24 10:05:03| Guardian Unlimited Business - more business news
Rolling coverage of the latest economic and financial newsLatest: European markets hit three-month lowIntroduction: Growth fears aboundComing up: Rishi Sunaks winter crisis jobs plan 9.05am BST The boss of Ryanair has warned that hundreds of thousands of jobs will be lost across the aviation industry, unless the UK government provides more employment support and changes its flight restrictions.Inevitably for my airline and most other airlines flying to and from the UK it would mean literally hundreds of thousands of job loses this winter.We want to keep our pilots and cabin crew employed and paid and we are going to have to have huge government assistance for that, otherwise Im afraid theyre all going to go on unpaid leave for the winter, Boris Johnson promised us a world-leading test and tracing system. Its a shambles, like many of the other promises he and his government have offered us.Theyre always launching an app, some other useless initiative.... Related: Take-up of NHS contact-tracing app could be only 10% 8.34am BST Shares in cinema chain Cineworld have plunged 17% to a six-week low after it warned that new restrictions on social gatherings would hurt its business badly.Cineworld reported a 1.3bn loss for the last six months, having recently reopened 561 of its 778 sites. It told shareholders that it could need to raise more money if the government forces it to close down again.There can be no certainty as to the future impact of Covid-19 on the group,.If governments were to strengthen restrictions on social gathering, which may therefore oblige us to close our estate again or further push back movie releases, it would have a negative impact on our financial performance and likely require the need to raise additional liquidity. Related: Cineworld issues warning over future after 1.3bn loss Continue reading...
2020-09-24 04:05:22| The Economic Times
TCS is the best performing company in the Tata Group and has been an investors favourite. The stock has gained 48 per cent in the last six months against the Sensexs gains of 45 per cent in the same period as software exporters have shown resilience in tough economic conditions compared to most other sectors.
2020-09-24 00:24:00| Fool.com Headlines
A new analyst says investors' expectations for the tech giant may be too high.
2020-09-23 23:40:00| Fool.com Headlines
When companies start doing this and investors respond, it's time to get nervous.