Ceylon Products

Stocks jump on coronavirus vaccine progress, $1T stimulus package in the works


U.S. equity markets rallied and gold hit a record high as Republicans readied a $1 trillion coroanvirus relief bill.

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Despite coronavirus, Louis Vuitton saw 'strong signs' of sales recovery in June


The COVID-19 pandemic has made retail a tough road to navigate.

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Goldman Sachs revamps employee reviews, opening door to greater job cuts


Goldman Sachs Group Inc is adopting a performance review system that will grade up to 10% of its 39,000 employees as under-performers this year, according to an internal memo sent on Monday, potentially leading to more job cuts in 2021 than the bank has made in recent years.

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What is a death cross?


A death cross is a technical indicator that may signal further selling is coming.

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DraftKings sinks as Miami Marlins coronavirus outbreak causes postponement of 2 MLB games


DraftKings shares fell after at least 13 members of the Miami Marlins organization tested positive for COVID-19, resulting in the cancellation of two games and throwing the remainder of the baseball season into question.

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Gold prices to lose luster near $2,000: J.P. Morgan


Gold prices will put in a top near $2,000 an ounce, according to J.P. Morgan.

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Walgreens CEO Stefano Pessina to step down


Walgreens Boots Alliance Inc said on Monday Chief Executive Officer Stefano Pessina has decided to step down and will assume the role of executive chairman in the company.

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