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Investor Pessimism Worst Since 2008 Crisis - BofA

Expectations of global growth and corporate profits have plunged to a record low, according to a monthly BofA fund manager survey with cash levels rising to their highest in more than two decades as investors cut their exposure to risky assets.
People pose with syringe with needle in front of displayed Johnson & Johnson logo in this illustration taken, December 11, 2021.

J&J's Cancer Drug Sales Help Weather Hit From Stronger Dollar

Johnson & Johnson on Tuesday reported quarterly results that beat analysts' estimates on strong demand for cancer drug Darzalex and its COVID-19 vaccine, even as the company cut its full-year adjusted profit forecast due to a stronger dollar.
The City of London financial district can be seen as people walk along the south side of the River Thames, amid the coronavirus disease (COVID-19) outbreak in London, Britain, March 19, 2021.

Explainer-What Is The 'S' In ESG Investing?

The "S" in environmental, social and governance (ESG) investing moved into the spotlight during the COVID-19 pandemic as companies faced concerns about employee wellbeing and bold calls for action on social inequality.
SAS flights listed at Copenhagen airport, July 3, 2022.

SAS Reaches Deal With Pilots' Unions, Ending 15-day Strike

SAS and pilot unions have reached a wage deal, the Scandinavian airline confirmed on Tuesday, ending a 15-day strike over a new collective bargaining agreement that had grounded 3,700 flights and put the carrier's future in doubt.
SAS flights listed at Copenhagen airport, July 3, 2022.

SAS Lands Deal With Pilots' Unions, Ending 15-day Strike

SAS and pilot unions have reached a wage deal, the Scandinavian airline confirmed on Tuesday, ending a 15-day strike over a new collective bargaining agreement that had grounded 3,700 flights and put the carrier's future in doubt.
A flag with the company logo of Electricite de France (EDF) and a French flag fly next to the EDF power plant in Bouchain, near Valenciennes, France, September 29, 2021.

France To Pay $10 Billion To Take Full Control Of EDF

France's government is offering to pay 9.7 billion euros ($9.85 billion) to take full control of EDF, in a buyout deal that gives it a free hand to run Europe's biggest nuclear power operator as it grapples with a continent-wide energy crisis.
U.S. Dollar banknote is seen in this illustration taken July 17, 2022.

Dollar Slips As ECB Rate Hike Hopes Lift Euro

The dollar fell against the euro for a third straight session on Tuesday, following a Reuters story that European Central Bank policymakers are considering raising interest rates by a bigger-than-expected 50 basis points at their meeting on Thursday to tame record-high inflation.
Spanish speleologist and diver Vicente Fito explores the cave system known as Garra de Jaguar (Jaguar's Claw), near the construction site of Section 5 South of the Mayan Train between the resorts of Playa del Carmen and Tulum

Mexico Resumes Building President's Tourist Train

Mexico has resumed building part of President Andres Manuel Lopez Obrador's flagship tourist train project, an official said Monday, despite a judge suspending construction on that section on environmental grounds.
A Tesla Model S electric vehicle is shown in San Francisco, California. U.S., April 7, 2016.  Alexandria Sage/File Photo

Tesla EV Sales Gaining Momentum In Australia - Chair

Tesla Inc's electric vehicle (EV) sales are rapidly picking up off a low base in Australia and are set to catch up with sales of its Powerwall home batteries in the country, Chair Robyn Denholm said on Tuesday.

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