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US is reopening too soon and may see tepid recovery from virus crisis: Deutsche Bank

In contrast to the U.S., countries in North Asia and Australia had "very convincing containment" of the coronavirus crisis, making them more likely to achieve a "very sharp" economic rebound post-pandemic, says Deutsche Bank's Michael Spencer, chief economist and head of research for the Asia-Pacific.




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Cars could go completely driverless 'very soon,' says CEO of Chinese autonomous driving tech start-up

Currently, most regulations across various cities in China still require the presence of a safety driver in vehicles.




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NASA's billions of investment in SpaceX have been 'very beneficial,' agency chief says

NASA Administrator Jim Bridenstine believes the billions his agency has invested in Elon Musk's SpaceX have been well worth it.




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Jim Cramer says Buffett's sale of airline stocks makes him 'very concerned about the near term'

Cramer said that he viewed Buffett bailing on airlines as a sign that there were serious issues in the broader economy.




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Liu: For everyday investors, it's important to focus on the light at the end of the tunnel

James Liu of Clearnomics discusses whether the markets are pricing in a quicker economic recovery than some of the most-dire estimates, and jumping on any positive news it can get.




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Lloyd Blankfein says big companies should be 'very reluctant' to tap small business relief program

Blankfein may be speaking from experience: Goldman took $10 billion from the Treasury's Troubled Asset Relief Program in October 2008.




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Cramer's lightning round: 'General Dynamics is a very good long-term hold'

"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.




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Billionaire Barry Diller says bail out everyone and 'worry about paying the bills later'

"The damage that is being done every day is enormous," Expedia and IAC Chairman Barry Diller told CNBC on Thursday.




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Wall Street bulls and bears fight over what the economic recovery from coronavirus will look like

Strategists debate how long it will take to contain the coronavirus outbreak as it hits the United States and roils markets.




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Expecting recovery from coronavirus to be L-shaped, strategist says

Stephen Isaacs, chairman of the investment committee at Alvine Capital Management, discusses the market recovery from the coronavirus crisis.




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Op-Ed: SBA chief pledges 'every available resource' to aid small businesses

All small businesses are eligible, including non-profits, self-employed individuals, sole proprietorships, and independent contractors, writes SBA Administrator Jovita Carranza.




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Roche CEO says it is 'very likely' people develop immunity after recovering from coronavirus

Roche CEO Severin Schwan said more research is needed to prove people gain immunity from Covid-19 infections.




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Some hope for the recovery in the dismal jobs report: 78% of workers say their layoff is temporary

Nearly 4 in 5 people who lost their jobs in the coronavirus crisis told the government they see their layoffs as temporary.




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Recovery could be slow, uneven and dependent on whether companies still need as many workers

There's optimism that nearly 4 in 5 workers surveyed see their layoffs as temporary, but the issue is whether their jobs will survive.




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It's a very bearish situation for the US dollar

The U.S. dollar index appears headed toward a level of 85 going by technical indicators that show "a very bearish situation."




very

Jack Lew: The best we're going to do is a slow recovery

Jack Lew, Former U.S. Treasury Secretary, joins "Closing Bell" to talk about the coronavirus pandemic.




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Credit Suisse's Michael Binetti on economic recovery

Michael Binetti, Credit Suisse Analyst, joins "Closing Bell" to discuss markets.





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The US recovery from the pandemic lags way behind Europe – even as states reopen

While countries such as Spain and Italy that are lifting restrictions have forced the trend of infections down, in the US cases are rising

The US may be moving to loosen social distancing restrictions around the same time as several European countries but it remains in a far different, and worse, stage of the coronavirus pandemic.

While infections and deaths from Covid-19 quickly raced to terrifying peaks in Italy and Spain, both countries have managed to arrest the increase and are now forcing the key trends downwards.

Continue reading...




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Trump 'very confident' of Covid-19 vaccine in 2020 and predicts up to 100,000 US deaths

US president again criticises Beijing as European countries prepare to ease lockdown

Donald Trump has said he is “very confident” there will be a vaccine for coronavirus by the end of the year, revising up his estimate of the final US death toll as several European countries prepare for a cautious easing of lockdowns.

The president used a Fox News “virtual town hall” on Sunday night to repeat his regular virus talking points, including that a vaccine was not far away, Covid-19 was China’s fault and the economy would not only recover but “grow like crazy”.

Related: Mike Pompeo: 'enormous evidence' coronavirus came from Chinese lab

Global coronavirus cases have surpassed 3.5 million with more than 247,000 deaths.

In New York, the centre of the US outbreak, an emergency field hospital erected in Central Park is set to close. Dozens of New Yorkers were fined for violating social distancing guidelines as they flocked to beaches and parks in balmy weekend weather.

China reported three new coronavirus cases, versus two the day before.

Japan’s state of emergency is expected to be extended until the end of the month.

France will not quarantine anyone arriving from the EU, the Schengen area or Britain due to the coronavirus.

New Zealand has reported no new coronavirus cases for the first time.

South Korea plans to ease a ban on some gatherings and events as long as they “follow disinfection measures”.

Brazil has become the first country in Latin America to report more than 100,000 cases.

The Iranian president, Hassan Rouhani, announced mosques will reopen across large parts of the Islamic republic after they were closed in early March.

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Investors need to prepare for a slow and uneven recovery: RBC Capital's Lori Calvasina

Eric Marshall, Hodges Capital Management portfolio manager, and Lori Calvasina, RBC Capital Markets head of U.S. equity strategy, join 'Power Lunch' to discuss what the economic data is indicating to investors.




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Labor Secretary Scalia on April jobs data: These are very difficult numbers for us to see

CNBC's Tyler Mathisen talks about the historic job losses in April with Labor Secretary Eugene Scalia.




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UK's coronavirus recovery should have green focus, Johnson urged

Climate advisers call for work and training in low-carbon heating, water efficiency and flood-protection

Restarting the economy and getting people back to work after the coronavirus lockdown should focus on low-carbon work programmes, the UK government’s climate advisers have urged.

They said this would generate new jobs, protect the climate and ensure a fairer economy for everyone.

Related: Green stimulus can repair global economy and climate, study says

Related: Airlines and oil giants are on the brink. No government should offer them a lifeline | George Monbiot

Income subsidies

Continue reading...




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ICICI Prudential India Recovery Fund - Series 7 Dividend Option

Category Growth
NAV 11.35
Repurchase Price
Sale Price
Date 26-Jun-2019




very

ICICI Prudential India Recovery Fund - Series 7 Direct Plan Dividend Option

Category Growth
NAV 11.90
Repurchase Price
Sale Price
Date 26-Jun-2019




very

ICICI Prudential India Recovery Fund - Series 5 Dividend Option

Category Growth
NAV 10.47
Repurchase Price
Sale Price
Date 15-May-2019




very

ICICI Prudential India Recovery Fund - Series 5 Direct Plan Dividend Option

Category Growth
NAV 10.85
Repurchase Price
Sale Price
Date 15-May-2019




very

ICICI Prudential India Recovery Fund - Series 5 Direct Plan Cumulative Option

Category Growth
NAV 14.28
Repurchase Price
Sale Price
Date 15-May-2019




very

ICICI Prudential India Recovery Fund - Series 5 Cumulative Option

Category Growth
NAV 13.78
Repurchase Price
Sale Price
Date 15-May-2019




very

ICICI Prudential India Recovery Fund - Series 4 Dividend Option

Category Growth
NAV 11.58
Repurchase Price
Sale Price
Date 27-Feb-2019




very

ICICI Prudential India Recovery Fund - Series 4 Direct Plan Dividend Option

Category Growth
NAV 12.19
Repurchase Price
Sale Price
Date 27-Feb-2019




very

ICICI Prudential India Recovery Fund - Series 4 Direct Plan Cumulative Option

Category Growth
NAV 17.28
Repurchase Price
Sale Price
Date 27-Feb-2019




very

ICICI Prudential India Recovery Fund - Series 4 Cumulative Option

Category Growth
NAV 16.56
Repurchase Price
Sale Price
Date 27-Feb-2019




very

ICICI Prudential India Recovery Fund - Series 3 Dividend Option

Category Growth
NAV 9.96
Repurchase Price
Sale Price
Date 31-Aug-2018




very

ICICI Prudential India Recovery Fund - Series 3 Direct Plan Dividend Option

Category Growth
NAV 10.22
Repurchase Price
Sale Price
Date 31-Aug-2018




very

ICICI Prudential India Recovery Fund - Series 3 Direct Plan Cumulative Option

Category Growth
NAV 14.35
Repurchase Price
Sale Price
Date 31-Aug-2018




very

ICICI Prudential India Recovery Fund - Series 3 Cumulative Option

Category Growth
NAV 13.82
Repurchase Price
Sale Price
Date 31-Aug-2018




very

ICICI Prudential India Recovery Fund - Series 2 Dividend

Category Growth
NAV 9.89
Repurchase Price
Sale Price
Date 09-Oct-2018




very

ICICI Prudential India Recovery Fund - Series 2 Direct Dividend

Category Growth
NAV 10.54
Repurchase Price
Sale Price
Date 09-Oct-2018




very

ICICI Prudential India Recovery Fund - Series 1 Dividend

Category Growth
NAV 9.46
Repurchase Price
Sale Price
Date 03-Oct-2018




very

ICICI Prudential India Recovery Fund - Series 1 Direct Dividend

Category Growth
NAV 9.95
Repurchase Price
Sale Price
Date 03-Oct-2018




very

ICICI Prudential Value Discovery Fund - Growth

Category Equity Scheme - Value Fund
NAV 117.92
Repurchase Price
Sale Price
Date 08-May-2020




very

ICICI Prudential Value Discovery Fund - Dividend

Category Equity Scheme - Value Fund
NAV 17.87
Repurchase Price
Sale Price
Date 08-May-2020




very

ICICI Prudential Value Discovery Fund - Direct Plan - Growth

Category Equity Scheme - Value Fund
NAV 125.99
Repurchase Price
Sale Price
Date 08-May-2020




very

ICICI Prudential Value Discovery Fund - Direct Plan - Dividend

Category Equity Scheme - Value Fund
NAV 37.25
Repurchase Price
Sale Price
Date 08-May-2020




very

Taurus Discovery (Midcap) Fund-Direct Plan-Growth Option

Category Equity Scheme - Mid Cap Fund
NAV 39.75
Repurchase Price
Sale Price
Date 08-May-2020




very

Taurus Discovery (Midcap) Fund-Direct Plan-Dividend Option

Category Equity Scheme - Mid Cap Fund
NAV 35.30
Repurchase Price
Sale Price
Date 08-May-2020




very

Taurus Discovery (Midcap) Fund - Regular Plan - Growth Option

Category Equity Scheme - Mid Cap Fund
NAV 38.39
Repurchase Price
Sale Price
Date 08-May-2020




very

Taurus Discovery (Midcap) Fund - Regular Plan - Divided Option

Category Equity Scheme - Mid Cap Fund
NAV 34.22
Repurchase Price
Sale Price
Date 08-May-2020




very

Union Value Discovery Fund - Regular Plan - Growth Option

Category Equity Scheme - Value Fund
NAV 8.51
Repurchase Price
Sale Price
Date 08-May-2020