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…
Banks will struggle to generate profits even as…
WASHINGTON — The beaten-down banking sector will remain under pressure through 2025 even as the economy recovers, the International Monetary Fund said Friday. In its latest "Global Financial Stability Report," the IMF found banks across nine advanced economies…
Unlike China, India oil demand stays weak as…
By Saket Sundria, Debjit Chakraborty and Dhwani PandyaIt’s going to take months for oil demand in the world’s third biggest market to get back to pre-virus levels as India faces its deepest recession ever in…
Jamie Dimon says coronavirus crisis is ‘wake-up call’…
JPMorgan Chase CEO Jamie Dimon said Tuesday in a memo that the coronavirus crisis should be used to build an economy that offers opportunities for "dramatically more people."The memo, issued ahead of his bank's annual shareholder meeting,…
Lenders see a payment recover as economy restarts
MUMBAI: Lenders are seeing a slow but sure recovery in loan repayments as customers are increasingly choosing not to exercise the Reserve Bank of India provided option of moratorium on payments to avoid paying higher…
Mutual Funds Weekly: These money and investing tips…
Don’t miss these top money and investing features: These money and investing stories, popular with MarketWatch readers this past week, offer ways to manage your financial portfolio and to invest strategically as we all come…
German economy posts sharpest contraction since the financial…
Kirsztian Bocsi/Bloomberg via Getty ImagesGerman GDP (gross domestic product) shrank by 2.2% in the first quarter compared to the final three months of 2019, official statistics revealed Friday.The contraction, fueled by the early stages of…
UK economy posts sharpest monthly decline on record…
U.K. GDP (gross domestic product) contracted by 5.8% month-on-month in March, according to preliminary figures released Wednesday, as lockdown measures began to hammer economic activity in the country.It represents the biggest monthly fall since the…
Boris Johnson outlines ‘conditional’ plan to slowly reopen…
Prime Minister Boris Johnson speaks in Downing Street as he returns to work following his recovery from Covid-19 on April 27, 2020 in London, England.Chris J Ratcliffe | Getty ImagesThe U.K. government has taken its…