By Scott DiSavino (Reuters) – As the coronavirus spreads in the financial hub of New York, financial firms – led by the Securities Industry and Financial Markets Association (SIFMA)– have triggered their contingency plans and are taking other precautions. As of Sunday, here is the state of play: BACKUP OPERATIONS Firms began last week to […]
Twelve Aucklanders are now deciding the fate of a wealthy businessman after hearing evidence for a month about a slew of sexual assault and corruption allegations. The rich-lister is charged with indecently assaulting three men in the early 2000s, 2008 and 2016. He is also charged with twice attempting to pervert the course of justice […]
LONDON (Reuters) – Goldman Sachs said on Wednesday the S&P 500 bull market, the longest on record, is likely to end soon, forecasting a 28% slump from its February peak as the fast-spreading coronavirus is seen taking a toll on corporate profits. The bank expects the S&P 500 to hit 2,450 points, down 15% from […]
