SoftBank share buybacks near $3 billion despite May slowdown
SoftBank's share buybacks slowed in May, a company filing showed on Friday, although total purchases to support its share price since March reached 312 billion yen ($2.9 billion).
SoftBank's share buybacks slowed in May, a company filing showed on Friday, although total purchases to support its share price since March reached 312 billion yen ($2.9 billion).
As the U.S. economy begins to emerge from the sharp slowdown during the coronavirus pandemic, some fund managers have been drawn to value stocks, a sector that underperformed during the recent rally.
EU antitrust regulators have set a July 16 deadline for a decision on whether to clear French TGV high-speed train maker Alstom's bid for Bombardier Inc's rail division, according to a filing on the European Commission website.
When the novel coronavirus first appeared in the United States, North Dakota was in the envious position of having more money in its state coffers than it had budgeted.
Oil prices edged higher on Friday but were on track for their first weekly fall in seven as new U.S. coronavirus cases spiked, raising the prospect of a second wave hitting demand.
Oil was little changed on Friday and headed for a first weekly fall since April as new U.S. coronavirus cases spiked, raising the prospect of a second wave of the virus hitting demand.
A top White House economic adviser on Friday predicted an "increasing divergence" between states controlled by Republican governors and those led by Democrats, saying Republican "red" states opening up faster will see a stronger economic recovery.
Global equity markets bounced back on Friday as investors took in stride the U.S. Federal Reserve's outlook for a long road to recovery and bet shutdowns to fight the coronavirus pandemic were unlikely to be reinstated widely.
Wall Street's main indexes rose on Friday, after a steep decline in the previous session, but were still on track for their worst week in nearly three months on fears of a rise in new coronavirus infections and economic worries.
Richmond Federal Reserve Bank President Tom Barkin he fears the coronavirus pandemic could have effects that last beyond the next couple of months and that some of the jobs lost during the downturn may not come back.
The Federal Reserve expects household finances and business balance sheets to suffer "persistent fragilities" as a result of the shock to economic activity arising from the coronavirus pandemic, the central bank said in a report to Congress on Friday.
The U.S. government has sent out a majority of the $1,200 stimulus checks it promised to millions of Americans. But some of the last payments could be the most difficult to deliver, based on the information available on the individuals and families who should receive them. States can play a big part in helping make sure the money gets to those people, a report finds.
Two key U.S. senators are circulating a bipartisan draft bill that would reform how the Federal Aviation Administration certifies new aircraft in the wake of two fatal Boeing 737 MAX crashes that killed 346 people.
AltFi | Aisling Finn | Jun 10, 2020 Open banking has long been pedalled as the future of fintech, but which companies are the leading providers of the service in the UK? Open banking has become one of the most popular adaptations for both fintechs and big finance alike. Open banking was first introduced as
Oil was little changed on Friday and headed for a first weekly fall since April as new U.S. coronavirus cases spiked, stoking fears of a second wave of the virus hitting fuel demand.