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Europe"s richest man loses $30 billion in pandemic

In his ninth-floor office on Paris’s Avenue Montaigne, Europe’s wealthiest man, Bernard Arnault, is spending long hours plotting a post-virus future for his luxury goods empire, LVMH. .....»»

Category: topSource: moneycentralMay 7th, 2020

Home prices could fall by as much as 4% because of the coronavirus pandemic, Zillow says

A false restart of the economy could create a worst-case scenario for the country’s housing market, an analysis by Zillow says......»»

Category: topSource: marketwatchMay 5th, 2020

Federal Reserve President: Coronavirus pandemic needs "18-month strategy"

"We should prepare for the worst-case scenario," Neel Kashkari cautioned......»»

Category: topSource: moneycentralApr 13th, 2020

Stifel Upgrades, Downgrades Airlines Facing Coronavirus Shock, Says Hawaiian Well-Positioned

A near worst-case scenario is playing out for airlines as the coronavirus pandemic freezes travel, .....»»

Category: blogSource: benzingaApr 1st, 2020

Uber says a coronavirus worst-case scenario could cost it $7 billion and rides could slump as much as 80% (UBER)

Pablo Cuadra/Getty Images Uber has seen its rides business shrink up to 80% as the spreading coronavirus forces people to stay home.  The company is modeling up to an $7 billion hit in its worst-case scenario model, it said Thursday.&n.....»»

Category: topSource: businessinsiderMar 19th, 2020

Cineworld could breach debt terms in worst-case virus scenario

Cineworld could fail to meet its debt commitments in a worst-case coronavirus scenario, it warned on Thursday, though it plans to press ahead with its $1.65 billion takeover of Canadian rival Cineplex ......»»

Category: topSource: reutersMar 12th, 2020

COVID-19 Could Cripple Airlines With $113 Billion Revenue Loss

An airline industry group reports that under a worst-case scenario of a COVID-19 spread, the airlines could suffer a tremendous loss in revenue this year......»»

Category: blogSource: 247wallstMar 5th, 2020

AOC says the quiet part out loud about Medicare for All: It has virtually no chance of becoming law right away

AP Images / Alex Brandon AOC conceded that Medicare for All may not become law right away in an interview with the Huffington Post. "The worst-case scenario? We compromise deeply and we end up getting a public option. Is.....»»

Category: worldSource: nytFeb 14th, 2020

This is what might happen if U.S. starts a trade war with China

Wall Street's top investment banks are bracing clients for the worst-case scenario following ongoing trade talks between the .....»»

Category: topSource: usatodayMay 7th, 2019

Morgan Stanley Models Out What The "Worst Case" Scenario For Italy Looks Like

Now that the initial shock from the formation of an anti-establishment, populist government in the Eurozone's 3rd largest economy, has passed banks are starting to f.....»»

Category: blogSource: zerohedgeJun 4th, 2018

This Is What Italy"s "Worst Case" Scenario Looks Like, According To Morgan Stanley

Now that the initial shock from the formation of an anti-establishment, populist government in the Eurozone's 3rd largest economy, has passed banks are starting to f.....»»

Category: blogSource: zerohedgeJun 4th, 2018

Airbus says worst-case Brexit would hit its sites beyond BritainL Spiegel

A worst-case scenario Brexit would affect Airbus's sites not only in Britain but also in the rest of Europe, board member Tom Williams has told the German magazine Der Spiegel......»»

Category: topSource: reutersSep 14th, 2018

German frigate Hessen sailors were on watch 12 hours a day in the Red Sea with only seconds to react to threats in the "worst case scenario"

The German warship spent several weeks deplo.....»»

Category: dealsSource: nytApr 22nd, 2024

Airbnb beats Q1 earnings expectations amid early signs of post-pandemic travel boom

Airbnb reported gross bookings of $10.3 billion, signaling a surge in demand for rental homes as travel starts to make a comeback. .....»»

Category: topSource: businessinsiderMay 13th, 2021

Brett Arends"s ROI: ‘Worst-case scenario’ warning for retirees and the 4% rule

Ominous news for today's likely retirees.....»»

Category: topSource: marketwatchMay 12th, 2021

Dispatches from a Pandemic: Ireland surpassed China in confirmed COVID-19 deaths — how on Earth did that happen?

The Republic of Ireland, the small island on the northwestern tip of Europe, has a population of 4.9 million, compared to China’s 1.4 billion people......»»

Category: topSource: marketwatchApr 24th, 2021

Southwest Airlines post $116 million profit, thanks in part to COVID-19 bailout. ‘We believe the worst is behind us.’

Southwest Airlines is the first major U.S. airline to report a profit since the pandemic started, as federal payroll aid helped boost the .....»»

Category: topSource: chicagotribuneApr 22nd, 2021

Dispatches from a Pandemic: Ireland just surpassed China in confirmed COVID-19 deaths — how on Earth did that happen?

The Republic of Ireland, the small island on the northwestern tip of Europe, has a population of 4.9 million, compared to China’s 1.4 billion people......»»

Category: topSource: marketwatchApr 21st, 2021

Dispatches from a Pandemic: Ireland just surpassed China in confirmed COVID-19 deaths — how on earth did that happen?

The Republic of Ireland, the small island on the northwestern tip of Europe, has a population of 4.9 million, compared to China’s 1.4 billion people......»»

Category: topSource: marketwatchApr 21st, 2021

A Guide to Europe’s Newest ‘Safe Asset’ and Rival to U.S. Treasuries

The European Union is issuing bonds like never before. An 806 billion euro ($964 billion) pandemic rescue fund will trigger the biggest-ever splurge in joint borrowing by the bloc’s 27 members. Add to that a 100 billion euro emergency jobs prog.....»»

Category: topSource: washpostApr 14th, 2021