Wall Street surges on optimistic US jobs report

Source: Dukascopy Bank SA
On Friday, Wall Street soared on the unexpectedly high May jobs report, signalling that the US economy is heading to more rapid-that-anticipated recovery after the coronavirus crisis.
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Sat, 06 Jun 2020 03:06:40 GMT

Sycamore Partners considers buying J.C. Penney

Sycamore Partners, the private equity firm, has entered the preliminary talks to buy J.C. Penney Co out of bankruptcy, in case negotiations of the American department store chain with its creditors lose out.

Fri, 05 Jun 2020 20:18:38 GMT

Germany's manufacturing orders fall sharply

Germany's manufacturing orders declined 25.8% in April in adjusted terms, following upwardly revised 15.0% fall in March, Destatis reported.

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