06 April

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IMF Boosts Global Growth Forecast, Warns of Diverging Rebound By Bloomberg

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(Bloomberg) -- The International Monetary Fund upgraded its global economic growth forecast for the second time in three months, while warning about widening inequality and a divergence between advanced and lesser-developed economies. The global economy will expand 6% this year, up from the 5.5% pace estimated in January, the IMF said in its World Economic Outlook published on Tuesday. That would be the...

06 April

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IMF upgrades global growth outlook again as some COVID clouds begin to clear By Reuters

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(Reuters) - The International Monetary Fund raised its outlook for global economic growth again on Tuesday, forecasting worldwide output would rise 6% this year, a rate unseen since the 1970s, thanks largely to the unprecedented policy responses to the COVID-19 pandemic. That upgrade, from 5.5% less than three months ago, largely reflects a rapidly brightening outlook for the U.S. economy, which the...

06 April

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IMF favours global minimum corporate tax – chief economist By Reuters

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WASHINGTON (Reuters) - The International Monetary Fund has long favored adoption of a global minimum tax on corporate profits, the Fund's chief economist, Gita Gopinath, told reporters on Tuesday. Gopinath said current disparities in national corporate tax rates had triggered "a large amount" of tax shifting and tax avoidance, reducing the tax base on which governments could collect revenues to fund needed...

06 April

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Paychex Earnings beat, Revenue Inline In Q3 By Investing.com

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Paychex reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that was inline with expectations. Paychex announced earnings per share of $0.96 on revenue of $ 1.11B. Analysts polled by Investing.com anticipated EPS of $0.9239 on revenue of $1.11B. Paychex shares are up 7% from the beginning of the year and are trading at $98.99 ,...

06 April

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Rescue of UK clothing chain Peacocks saves about 2,000 jobs By Reuters

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LONDON (Reuters) - British discount clothing chain Peacocks has been bought out of administration by Steve Simpson, the chief operating officer of Edinburgh Woollen Mill, backed by a consortium of international investors, saving about 2,000 jobs. Peacocks fell into administration in November, blaming the impact of the COVID-19 pandemic. EWM Group, the private investment group controlled by the family of Philip Day...

06 April

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Carrefour expands express grocery delivery partnership with Deliveroo By Reuters

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PARIS (Reuters) - Europe's largest retailer Carrefour (PA:CARR) and Deliveroo said on Tuesday they were expanding to France their partnership to bring on-demand groceries in less than 30 minutes their customers' homes. The service is already available in Belgium, Italy and Spain, Carrefour said in a statement. Retailers have been increasingly...

06 April

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Euro Zone Fiscal Stimulus in 2021 Actually Beats U.S., UBS Says By Bloomberg

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(Bloomberg) -- Contrary to conventional wisdom, the euro zone will benefit more from fiscal stimulus this year than the U.S., according to UBS Group AG (SIX:UBSG). Arend Kapteyn, global head of economics and strategy research, says directly comparing the size of U.S. President Joe Biden’s $1.9 trillion package with the euro area’s mish-mash of national measures and its 750 billion-euro ($885 billion) joint...

06 April

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Bezos, Musk top Forbes’ record-setting billionaire list By Reuters

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By Sheila Dang (Reuters) - Forbes' annual world's billionaires list includes a record-breaking 2,755 billionaires, with Amazon.com Inc (NASDAQ:AMZN) founder Jeff Bezos topping it for the fourth consecutive year, the media company said on Tuesday. The ranks of the ultra-wealthy are expanding after a year in which the coronavirus pandemic upended world economies...

06 April

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UK should put U.S. on ‘green list’ for flying, Virgin Atlantic boss says By Reuters

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LONDON (Reuters) - Britons should be able to travel to the United States with only a COVID-19 test and no need for isolation when Britain launches its traffic-light system for travel, the head of Virgin Atlantic said on Tuesday. Britain has said it will rank countries green, amber or red depending on their levels of infection and vaccination, and presence of...

06 April

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India shares higher at close of trade; Nifty 50 up 0.31% By Investing.com

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Investing.com – India equities were higher at the close on Tuesday, as gains in the Healthcare, Fast Moving Consumer Goods and Real Estate sectors propelled shares higher. At the close in NSE, the Nifty 50 gained 0.31%, while the BSE Sensex 30 index gained 0.09%. The biggest gainers of the session on the Nifty 50 were Adani Port and Special Economic...

Меню

IMF Boosts Global Growth Forecast, Warns of Diverging Rebound By Bloomberg

IMF upgrades global growth outlook again as some COVID clouds begin to clear By Reuters

IMF favours global minimum corporate tax – chief economist By Reuters

Paychex Earnings beat, Revenue Inline In Q3 By Investing.com

Rescue of UK clothing chain Peacocks saves about 2,000 jobs By Reuters

Carrefour expands express grocery delivery partnership with Deliveroo By Reuters

Euro Zone Fiscal Stimulus in 2021 Actually Beats U.S., UBS Says By Bloomberg

Bezos, Musk top Forbes’ record-setting billionaire list By Reuters

UK should put U.S. on ‘green list’ for flying, Virgin Atlantic boss says By Reuters

India shares higher at close of trade; Nifty 50 up 0.31% By Investing.com

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