Inverted what? Searches for obscure financial term spike on Google
Searches on Google for “inverted yield curve” have spiked after the unusual bond market phenomenon presented itself last week for the first time in over 12 years and helped tank Wall Street amid chatter that an economic downturn was imminent.
Global stocks inch higher as stimulus hopes spur tentative rebound
Stock markets edged higher on Tuesday as investors welcomed signs that more monetary and fiscal stimulus was on its way, hoping more easing would help stave off a major global economic downturn.
Elanco to become No.2 in animal health with $7.6 billion Bayer deal
Elanco Animal Health agreed to buy Bayer’s veterinary drugs unit on Tuesday in a cash and stock deal valued at $7.6 billion, creating the second largest maker of medicines for pets and livestock and expanding Elanco’s reach online.
Stocks futures subdued after strong rebound on stimulus hopes
U.S. stock index futures treaded water on Tuesday as investors paused after a three-day run that was driven by hopes that major economies would act to counter a global economic downturn.
U.S. yield curve: Invert, steepen, repeat
A swift steepening of the U.S. 2-year/10-year yield curve after it inverted last week may have given investors hope that the United States can escape recession. They should probably take a breath.
Huawei founder details ‘battle mode’ reform plan to beat U.S. crisis
China’s Huawei will spend more on production equipment this year to ensure supply continuity, cut redundant roles and demote inefficient managers as its grapples with a “live-or-die moment” in the wake of U.S. export curbs, founder Ren Zhengfei said.
Global shares inch higher as stimulus hopes spur rebound
European shares followed their Asian counterparts higher on Tuesday as investors bet possible monetary and fiscal stimulus measures would help stave off a major global economic downturn.
Elanco to buy Bayer’s animal health unit for $7.6 billion
Elanco Animal Health said on Tuesday it would buy Bayer’s veterinary drugs unit in a cash and stock deal valued at $7.6 billion, creating the second largest animal health business and expanding Elanco’s reach in the pet e-commerce space.
Shares inch higher as stimulus hopes spur rebound
European shares followed their Asian counterparts higher on Tuesday as investors bet possible monetary and fiscal stimulus measures would help stave off a major global economic downturn.
Lufthansa will hold its ground in short-haul price war: CEO
German carrier Lufthansa will continue to fight for market share in the hotly contested market for short-haul flights, where it is determined to compete with budget airlines such as Ryanair , its chief executive said.
