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Wednesday, August 28, 2019

Bond yields near record lows, shares struggle on darkening global outlook

Global bond yields flirted with record low levels while stocks struggled to recover on Thursday as economic turbulence from intensifying U.S-China frictions and the specter of a no-deal Brexit drove investors to safer harbors.


from Reuters: Business News https://ift.tt/2PlvqUB

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UPS to cut 30,000 jobs as it moves away from Amazon

The parcel delivery giant says it is cutting back on low-profit deliveries for the online retailer. from BBC News https://ift.tt/gQ6waOd