Medicines for dogs from Elanco (above) and Bayer (below) are available in an animal shelter on the treatment table of a veterinarian.Frank Rumpenhorst | picture alliance | Getty ImagesCompany: Elanco Animal Health Inc. (ELAN)Business: Elanco is an…
Worried about disconnect between markets and economy? Here’s…
By G PradeepkumarEquity investors are a worried lot! The stock market crash of March 2020 erased a lot of the gains from their mutual fund portfolio. And then, against popular perception, things reversed, even while…
Dalal Street’s next move hinges on 4 things…
NEW DELHI: While the rally in domestic equities seems to have halted amid valuation concerns, seasoned fund managers say the future course for Dalal Street will depend what behavioural changes does Covid-19 leave behind on…
‘There is no alternative,’ S&P says governments must…
With the coronavirus pandemic exacerbating a slowdown in the global economy, governments around the world may have no choice but to increase spending to support businesses and households well into the next year, according to…
CEO of major Asian bank says ‘a big,…
The economic aftermath of the coronavirus pandemic is likely to worsen when authorities start rolling back relief measures — and banks could experience "far more damage" to their balance sheets, said Piyush Gupta, group chief…
Jamie Dimon’s warning for the U.S. economy —…
Attempting to forecast the path of the American economy right now is like peering into a dark well — nobody knows how deep the hole goes.Even Jamie Dimon, CEO of JPMorgan Chase and veteran prognosticator…
China’s banks brace for more bad loans as…
The skyline of the Lujiazui financial district in Shanghai, China.Hector Retamal | AFP | Getty ImagesChinese banks have so far emerged relatively unscathed as the coronavirus pandemic hit economies around the world — but that could change…
U.K. economy grew less than expected in May…
Shoppers wearing protective face masks walk through the rain on Oxford Street in London on June 18, 2020, as some non-essential retailers reopen from their coronavirus shutdown.Tolga Akmen/AFP/Getty ImagesThe U.K. economy grew by less than…
‘It looked like Black Friday’ — Saudis stockpiled…
Citizens across Saudi Arabia poured into stores once coronavirus lockdown restrictions were lifted in June, hoping to save money on non-perishable goods from food and clothing to electronics and cars ahead of the kingdom's tripling…