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Tech-fuelled ‘everything’s awesome’ rally looks unstoppable
August 25, 2020August 19, 2020 fpmtcorg

Tech-fuelled ‘everything’s awesome’ rally looks unstoppable

Business

Today’s $72 trillion question for investors: To buy or not to buy into the global equities rally? Notwithstanding inflated share prices, politics and the pandemic,

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Home Depot posts record sales as demand for DIY products surges
August 24, 2020August 19, 2020 fpmtcorg

Home Depot posts record sales as demand for DIY products surges

Business

Home Depot Inc (HD.N) reported its biggest rise in quarterly same-store sales in at least two decades on Tuesday as demand for paint, tools and

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Kohl’s signals slow start to second half on weak back-to-school sales, shares drop
August 23, 2020August 19, 2020 fpmtcorg

Kohl’s signals slow start to second half on weak back-to-school sales, shares drop

Business

Kohl’s Corp (KSS.N) signaled a slow start to the current quarter on Tuesday, as the department store chain discounts heavily and grapples with weak demand

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Work-from-home boom is a bust for big office furniture makers
August 22, 2020August 19, 2020 fpmtcorg

Work-from-home boom is a bust for big office furniture makers

Business

America’s biggest office furniture manufacturers got the rug pulled out from under them by the COVID-19 pandemic. For decades, producers like Herman Miller Inc (MLHR.O)

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Nokia wins second round of legal fight against Daimler on patent fees
August 21, 2020August 19, 2020 fpmtcorg

Nokia wins second round of legal fight against Daimler on patent fees

Business

Nokia’s (NOKIA.HE) fight with Daimler (DAIGn.DE) over patent licensing fees won backing from a German court on Tuesday after the judge said the carmaker had

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The $425 billion payment holiday question hanging over Europe’s banks
August 20, 2020August 19, 2020 fpmtcorg

The $425 billion payment holiday question hanging over Europe’s banks

Business

More than 360 billion euros ($425 billion) of loans at Europe’s biggest banks have been subject to payment breaks or other coronavirus relief measures but

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New U.S. curbs threaten Huawei’s smartphone crown and hit suppliers
August 19, 2020 fpmtcorg

New U.S. curbs threaten Huawei’s smartphone crown and hit suppliers

Business

Ramped-up U.S. restrictions on Huawei are likely to choke the Chinese company’s access to even off-the-shelf chips, threaten its crown as the world’s largest smartphone

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