Earnings Previews: Box, Costco, Dell, Gap, Salesforce
The Memorial Day holiday will effectively shut down the trickle of earnings reports beginning Friday and extending through Monday. Next week includes reports from more […]
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‘Deeply stupid’ financial adviser sentenced to six years jail
A “deeply stupid” financial planner who embezzled $2.9 million from his clients’ accounts and then tried to cover up his offences has been sentenced to […]
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India said to plan COVID-19 economic stimulus package – Bloomberg
FILE PHOTO: A view shows empty roads during a 14-hour long curfew to limit the spreading of coronavirus disease (COVID-19) in the country, in Ahmedabad, […]
Continue reading »Asia shares track Wall Street higher as inflation worries recede
HONG KONG (Reuters) -Asian shares climbed in morning trade on Tuesday, tracking a Wall Street rally overnight, while the dollar held near a fourth-month low […]
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Australia reinstates COVID-19 curbs in Melbourne after fresh outbreak
SYDNEY (Reuters) – Australia’s second largest city Melbourne reinstated COVID-19 restrictions on Tuesday as authorities scrambled to find the missing link in a fresh outbreak […]
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Stock futures are flat after strong start to the trading week
U.S. stock futures were little changed in overnight trading on Monday following a strong session led by technology shares and reopening plays. Dow futures rose […]
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Oil jumps over 3% as fears of Iranian exports ease
NEW YORK (Reuters) – Oil prices rose more than 3% on Monday as a demand bump fueled by COVID-19 vaccination drives gave traders optimism that […]
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Trained on smelly socks, bio-detection dogs sniff out COVID-19
LONDON (Reuters) – Sniffer dogs trained using smelly socks worn by people infected with the SARS-CoV-2 virus could soon be used at airports or mass […]
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Bitcoin bull Tom Lee still sees $100,000 by year-end, says volatility is its opportunity
"Bitcoin is hyper volatile. That's the nature of it, but that's what creates the reward for people," Fundstrat co-founder Tom Lee told CNBC on Monday. […]
Continue reading »Banca Ifis rescues Italian casualty of Greensill collapse
ROME (Reuters) – Italy’s Banca Ifis has bought the healthy assets of Aigis Banca for 1 euro ($1.22) after Aigis was forced into liquidation by […]
Continue reading »Shares wary on U.S. inflation, battered bitcoin charts recovery
LONDON/SYDNEY (Reuters) – Stocks struggled for momentum on Monday as investors awaited key U.S. inflation readings for guidance on monetary policy, while bitcoin rebounded from […]
Continue reading »Crypto recovery stalls as miners eye exits
* Broad Sunday selloff leaves sector struggling for breath * Miners suspend China operations as crackdown deepens * Bitcoin steadies around $35,700, Ether at $2,100 […]
Continue reading »METALS-Base metals decline as China's regulatory curbs spook traders
(Updates prices) HANOI, May 24 (Reuters) – Prices of base metals dropped on Monday after regulators in top consumer China warned domestic commodity companies to […]
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British employers call for economic transformation after COVID-19
FILE PHOTO: People walk past a sign in a shop window amid the outbreak of the coronavirus disease (COVID-19) in Manchester, Britain, December 15, 2020. […]
Continue reading »Indian shares rise as SBI holds gains, daily COVID-19 cases decline
FILE PHOTO: A man walks past the Bombay Stock Exchange (BSE) building in Mumbai, India, January 31, 2020. REUTERS/Francis MascarenhasBENGALURU (Reuters) – Indian shares rose […]
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European markets head for cautious start to the week; investors watch bitcoin after moves lower
European stocks are expected to see a muted open at the start of the trading week as investors continue to focus on inflation concerns and […]
Continue reading »GM improves rating in annual supplier relations study
Slideshow ( 2 images )DETROIT (Reuters) – General Motors Co strengthened relations with its suppliers last year despite the impact of the COVID-19 pandemic and […]
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Dollar near three-month low, weighed by Fed's dovish tilt
TOKYO (Reuters) – The dollar stood near its lowest level in three months against a resurgent euro, and traders pared earlier bets the Federal Reserve […]
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U.S. Senate Republican sees 7-10 day window for infrastructure deal
FILE PHOTO: U.S. Senator Roy Blunt (R-MO) faces reporters after the Senate Republican lunch on Capitol Hill in Washington, U.S., May 18, 2021. REUTERS/Evelyn HocksteinWASHINGTON […]
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Tribune shareholders approve Alden Global's take-private deal
FILE PHOTO: The Chicago Tribune building is seen in Chicago, Illinois, United States on April 24, 2013. REUTERS/Jim Young/File Photo(Corrects paragraph 5 to remove extraneous […]
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