Trump Terminates U.s. Relationship With Who, Claiming It Misled World About Pandemic - The Washington Post
Slowing rates of infection in some of the hardest-hits part of the United States have offered a glimmer of hope, as New York City announced plans to ease restrictions after 10 weeks under lockdown.
Corporate America sold record-shattering amounts of stock in May. IPOs and other equity issuances were overshadowed this spring as stock markets tanked and corporates rushed to raised debt instead. But volatility has faded and markets have rebounded, thanks in part to stimulus from the Federal Reserve. Stock issuance is surging again, producing more than $70 billion in deals in May. Companies are stockpiling cash in case of another downturn -- some to protect themselves in case revenues disappear, and others so they can pounce on M&A deals that may arise.
With the coronavirus upending the healthcare industry, venture capital firms are finding that certain companies are taking off faster than expected. Business Insider asked top VCs to name companies outside of their portfolio that are poised to do well under the new circumstances. At Alphabet's venture arm GV, two investors we spoke with named companies in mental health, biotech, and telemedicine. Visit Business Insider's homepage for more stories. As the coronavirus pandemic has upended the way we get healthcare, venture capital firms are finding that certain companies are taking off faster than expected.
Emerging market hedge funds "position for recovery" as invested capital shrinks Submitted By Hugh Leask | 30/05/2020 - 10:21am Hedge funds that trade emerging markets mounted a partial comeback last month following bruising double-digit losses earlier - but total invested capital in EM funds tumbled as the coronavirus crisis took its toll. Emerging market hedge fund strategies added 5.4 per cent in April, according to new data from Hedge Fund Research.
There is light at the end of the tunnel for Nigeria and OPEC+ countries as the biggest independent shale oil groups in the United States (US) are bracing for a wave of bankruptcies. The Financial Times of London reports that these firms reported a record combined loss of $26 billion in the first quarter as [...]
Foreign exchange reserves rises by US$ 12.24 billion over March 2020.: Within the foreign exchange reserves, the foreign currency assets moved up to US$ 451.71 billion in the week ended 22 May 2020 from US$ 448.67 billion a week ago. India's foreign exchange reserves moved up by US$ 12.24 billion over March 2020, while jumped US$ 70.05 billion over a year ago level. (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
SAN FRANCISCO, May 29, 2020-- Arterys, a leading global medical imaging platform to deliver clinical AI products over the internet, just received its seventh USA FDA clearance and announced its latest round of funding -- a $28 million Series C investment from a syndicate led by Benslie Investment Group and Temasek Holdings, with participation by Fosun, Revelation Partners, Emergent Medical Partners, and Varian Medical Systems.
Shale Markets, Llc / Wintershall Dea: Hydrogen From Natural Gas Instrumental In Decarbonisation Of Energy
By Nermina Kulovic German oil and gas company Wintershall Dea believes that hydrogen from natural gas will be instrumental in the decarbonisation of energy system and that the much-needed hydrogen market will not succeed without natural gas. As reported by DNV GL, carbon-free hydrogen production, transmission, and distribution are now widely recognized as central components...
U.S. pipeline operator Energy Transfer LP will begin cutting about 6% of its workforce next week, underscoring the spreading impact of weak oil and gas prices on the energy business.