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Yield-thirsty investors eye stock dividends as virus fears shrink bond payouts
By Noel Randewich (Reuters) – Battered S&P 500 stocks may get fresh interest from investors turning to dividends in a world of shrinking bond yields. The dividend yield on the S&P 500 now exceeds the yield on the benchmark 10-year U.S. Treasury by its highest margin in nearly five decades after a flight to safe-haven […]
Lockdown exits will need more open borders: EU jobs chief
By Philip Blenkinsop BRUSSELS (Reuters) – European Union (EU) countries will need to ease border restrictions to let in cross-border and seasonal workers as they gradually pull out of lockdowns and relaunch their economies, the commissioner for jobs said on Friday. The EU’s executive Commission issued guidelines to the 27 member states in March, urging […]
Coronavirus-stricken airlines call for state aid to avert ruin
By Sarah Young and Laurence Frost LONDON/PARIS (Reuters) – Airlines demanded urgent tax relief to avoid multiple bankruptcies as coronavirus disruption continued its spread across the global industry on Tuesday. As EU transport ministers prepared to discuss financial support, the Airlines for Europe group called for widespread tax deferrals “to ensure that as many airlines […]