Tech Stocks Power Markets Higher

Megacap companies including Apple and Amazon.com helped propel the rally in U.S. indexes. 


 
Bank of England Questions Lenders on Readiness for Negative Rates

The U.K. central bank asked British lenders to assess their readiness for subzero interest rates, a sign that officials are weighing the merits of a policy that bankers say would heap problems on a sector already weighed down by Covid-19 and Brexit. 


 
Hong Kong Exchange Cancels Morning Trading Session Due to Typhoon

Hong Kong's morning trading session has been canceled due to a typhoon alert issued by the government. 


 
The 100 Most Sustainably Managed Companies in the World

A new ranking by The Wall Street Journal puts Sony at the top, as hardware companies claim 18 of the 100 positions on the list 


 
Coronavirus Stimulus Spending Consensus Eludes Global Leaders

As officials gather virtually this week for the annual meetings of the IMF and World Bank, agreement on the need for more spending to bring pandemic-racked economies back to health will be crucial, economists say. 


 
Global Companies Are Caught Between New Taxes and a Trade War

The prospect of a higher corporate tax rate isn't so unappealing when set against the risk of a chaotic global trade and tax war. 


 
Trump Tests Negative for Covid-19 on Consecutive Days

President Trump tested negative for Covid-19 on consecutive days, White House physician Sean Conley said in a memo as Mr. Trump traveled to Florida for his first formal campaign rally since being treated for the virus. 


 
New U.S. Coronavirus Infections Fall but Remain Elevated in Midwest

The U.S. reported fewer than 50,000 new coronavirus cases for the first time in five days, while cases remained elevated in several states, particularly in the Midwest. 


 
Sustainability Investors Shift Their Focus to Social Issues

The pandemic and protests over racial issues have altered the way investors, employees and the public view the role of companies. 


 
How to Tell if a 'Sustainable' Business Is 'Greenwashing'

Exaggerated claims about sustainability tap into growing interest from consumers and investors. Figuring out which products and services meet evolving ESG standards isn't easy.

(END) Dow Jones Newswires

10-12-20 2315ET