JPMorgan plans to hire a dozen research analysts for China brokerage: sources

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HONG KONG/WASHINGTON (Reuters) – JPMorgan Chase & Co (JPM.N) plans to hire at least 12 equity research analysts in China this year, two people with knowledge of the matter said, in its first major mainland hiring push as it takes advantage of eased ownership rules for financial firms.

FILE PHOTO – A view of the exterior of the JP Morgan Chase & Co. Corporate headquarters in the Manhattan borough of New York City, May 20, 2015. REUTERS/Mike Segar

With the headcount expansion for its new brokerage business, the bank’s research arm aims to more than double the number

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U.S. overtakes China as most attractive country for renewables investment: research

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FILE PHOTO: A wind farm is shown in Movave, California, U.S., November 8, 2019. REUTERS/Mike Blake/File Photo

LONDON (Reuters) – The United States has overtaken China as the most attractive country in the world for renewables investment and the global clean energy sector is expected to bounce back quickly despite the coronavirus pandemic, research showed on Tuesday.

In an annual ranking of the top 40 renewable energy markets worldwide by consultancy EY, the United States was ranked first for the first time since 2016, followed by China.

U.S. growth was largely due to a short-term extension of a production tax

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Electric car sales to fall, but not as much as other vehicles: research

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FRANKFURT (Reuters) – Worldwide electric car registrations are set to fall 18% this year, but those of combustion engine cars are set to drop even faster, analysts BloombergNEF (BNEF) said on Tuesday, as the automotive sector is hammered by the coronavirus crisis.

FILE PHOTO – Electric car charges on a street in London, Britain, February 4, 2020. REUTERS/Antonio Bronic

In a report, BNEF forecast registrations of combustion engine cars would drop 23% in 2020.

The temporary closure of showrooms amid lockdowns to contain the spread of the COVID-19 virus has disrupted sales and undermined consumer confidence, BNEF said in its

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WHO calls for research into Wuhan market, Indonesia eases travel restrictions

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The April jobs report is due to be released at 8:30 a.m. ET and it’s expected to show the worst job losses ever reported as coronavirus restrictions shuttered businesses for the month and put millions out of work. State officials are now attempting to thread the needle between reopening parts of the economy and preventing a resurgence of the virus. As states with the most ambitious reopening plans like Georgia and Texas move forward, epidemiologists around the country are eagerly studying the data for signs of consequences. However, it could take weeks for the decisions to be evident in the

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