Shoppers ascend and descend escalators at the King of Prussia Mall, owned by Simon Property Group, United State’s largest retail shopping space, in King of Prussia, Pennsylvania. Mark Makela | Reuters Check out the companies making headlines in midday trading. Simon Property Group — Shares of the mall owner rose more than 4% after the
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Dow component Pfizer Inc. (PFE) and junior partner BioNTech SE (BNTX) have chosen their BNT162 mRNA-based vaccine candidate for advanced trials, following positive results that raise hopes for a COVID-19 vaccine. The companies have already inked deals with Canada and Japan to supply millions of doses if the compound reaches the manufacturing stage, ensuring profitability.
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It has not been a good year for energy. Travel restrictions imposed due to coronavirus and the Russia–Saudi Arabia oil price war have sent stock holdings in oil and natural gas reeling. The result? Double-digit losses from some of the industry’s biggest energy funds. The 20 mutual funds and ETFs with the biggest losses so
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Although recycling may seem like a relatively simple concept, the plastics recycling supply chain proves otherwise. From understanding which plastics get recycled to determining the quality of those plastics, these issues and more are resulting in lower recycling participation rates.  Statistics show that by 2024, the global recycling market is expected to reach $377 billion.
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Ben Harris is the President of Westview Land and Harris Investments, LLC. getty Economic downturns are typically not helpful for real estate values, and land is certainly not immune to the effects. However, the economic contraction we are currently experiencing is different. Demand for land is stronger than I have seen it in the 10 years that
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The Chinese government’s efforts to tamp down speculation in property markets will mean that funds will flow to equities instead, allowing for more upside in onshore equities, an economist said on Tuesday. “We think the liquidity will likely go to the equity market,” said Zhiwei Zhang, president and chief economist at Pinpoint Asset Management. Although
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India’s largest mobile commerce platform Paytm has reportedly been freezing the bank accounts of users suspected of crypto trading, even though cryptocurrency, including bitcoin, is legal in India. The country still does not have a legal framework for cryptocurrencies but the government says that a crypto bill is “awaiting approval.” Banks Still Block Accounts Over
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Leaders of a new Thai pro-democracy movement are publicly criticising the powerful monarch King Maha Vajiralongorn, violating a deeply embedded taboo and risking jail in the south-east Asian kingdom.  The protesters, who are mostly university and high school students, have held demonstrations in more than half of Thailand’s 77 provinces, according to organisers and human rights
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With Southwest Airlines offering incredibly flexible change and cancellations policies due to the evolving coronavirus pandemic, it might be the case that you’ve got some travel funds sitting in your account from some previously canceled flights. Announced earlier this summer, Southwest has rolled out a unique option for those travel funds: It is now possible
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Puerto Rico’s government, politicians, and people struggled with how to deal with a botched Sunday primary. Many voting places had ballots delivered several hours late or not at all on Sunday. According to the electoral coordinator for Eduardo Bhatia, candidate for governor in the Popular Democratic Party, only 38 of 110 voting precincts completed the
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