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Coronavirus could cut Australia’s first-quarter GDP growth by 0.2 percentage points: RBA
By Swati Pandey SYDNEY (Reuters) – A viral epidemic emanating from China could shave 0.2 percentage points off Australia’s economic growth in the current quarter with its spillover effects seen larger than the 2003 SARS outbreak, the country’s top central banker said on Friday. The Reserve Bank of Australia (RBA) has also ramped up focus […]
Sanders’ big Nevada win narrows rivals’ path to Democratic nomination
By James Oliphant WASHINGTON (Reuters) – Bernie Sanders’ convincing win in the Nevada caucuses signaled his campaign is gathering strength and reaching voters who had previously eluded him, putting him on a path – for now – toward the Democratic presidential nomination. The self-described democratic socialist’s triumph on Saturday left all of his rivals contending […]
Wall Street posts records amid trade optimism; Boeing juices Dow
By Lewis Krauskopf (Reuters) – Wall Street’s main indexes posted record closing highs on Monday after President Donald Trump said an initial U.S.-China trade pact would be signed soon, while Boeing gave the Dow a big boost after the planemaker ousted its chief executive officer. Boeing Co <BA.N> shares, which have a particularly big influence […]