The greenback bounced on safe haven buying on Friday as risk appetite fell due to concerns over delayed U.S. fiscal stimulus amid a surge in COVID-19 cases and the increasing likelihood that Britain will exit the European Union without a deal.
Ferrari was facing a fresh challenge of finding a new leader of the same standing as Louis Camilleri on Friday, just as the Italian luxury carmaker is rolling out new hybrid models and getting ready for its first ever SUV.
The U.S Senate on Friday passed a bill overhauling anti-money laundering rules and banning anonymous shell companies, a victory for law enforcement and rights groups which have long sought changes to make it easier to police illicit money flows.
Investors face uncertain rules and could miss out on promising opportunities after index makers cut some blocked Chinese firms from their books, according to money managers and attorneys.
The S&P 500 and Nasdaq were lower on Friday, as uncertainty over fresh economic stimulus dented confidence, although strong gains from Walt Disney helped keep the Dow Industrials afloat.
Eleven gold trading hubs including the United Arab Emirates have declared their support for an initiative by the world's most influential bullion market authority to improve regulation on issues such as money laundering and unethical sourcing of gold.
Italian media reports citing the former chief executive of Vodafone Vittorio Colao as one of the candidates for the top job at Ferrari are groundless, a source close to Colao said on Friday.
(Reuters) -AMC Entertainment Holdings said on Friday it will get a $100 million investment from Mudrick Capital Management, a shot in the arm for the cash-strapped movie theater operator struggling with delayed Hollywood releases and theater closures.
AMC secured a $100 million cash infusion from Mudrick Capital Management but the world's largest movie theater chain warned Friday it could run out of cash to operate the business in January. Conway G. Gittens reports.
