Global shares gain on recovery hopes, earnings outlook

Global shares gain on recovery hopes, earnings outlook

TOKYO – Global shares mostly rose Monday amid hopes economies slammed by the pandemic will bounce back, as attention turned to upcoming company earnings. France’s CAC 40 slipped 0.2% in early trading to 5,551.47. Germany’s DAX inched up nearly 0.1% to 13,886.27. Britain’s FTSE 100 added nearly 0.1%…
World hopes for renewed cooperation with US under Biden

World hopes for renewed cooperation with US under Biden

MEXICO CITY – World leaders welcomed into their ranks the new U.S. President Joe Biden, noting their most pressing problems, including the COVID-19 pandemic and climate change, require multilateral cooperation, an approach his predecessor Donald Trump ridiculed. Many expressed hope Biden would right U.S. democracy two weeks after…
Global shares fall as pandemic fears overshadow aid hopes

Global shares fall as pandemic fears overshadow aid hopes

TOKYO – Global shares and U.S. futures were mostly lower Monday as hopes for more U.S. economic aid were countered by fears over spreading damage from the pandemic. France’s CAC 40 slipped 0.5% in early trading to 5,677.99, while Germany’s DAX slipped 0.8% to 13,943.02. Britain’s FTSE 100…
France's hopes lift as US freezes tariffs over tech tax

France’s hopes lift as US freezes tariffs over tech tax

PARIS – France’s government breathed a sigh of relief Friday after the U.S. indefinitely delayed tariffs on French wine, cosmetics and other goods designed as retaliation for a French tax on technology giants. The U.S. Trade Representative’s office said in a statement Thursday that it suspended the tariffs…
Global shares climb on Wall Street rally, stimulus hopes

Global shares climb on Wall Street rally, stimulus hopes

TOKYO – Global shares rose Friday on hopes for additional economic stimulus after President-elect Joe Biden takes office. France’s CAC 40 added 0.8% in early trading to 5,714.76, while Germany’s DAX was up nearly 0.9% at 14,088.57. Britain’s FTSE 100 gained 0.3% to 6,874.86. U.S. shares were set…
Asian shares track Wall St rally on hopes for stimulus

Asian shares track Wall St rally on hopes for stimulus

Shares rose in Asia on Thursday after Wall Street rallied on expectations of more stimulus for the economy, despite chaotic scenes in Washington when Trump supporters stormed the U.S. Capitol. Congress reconvened following the disruptions to the process for recognizing the outcome of the U.S. presidential election and…