Browsing Category
World
10-Year Treasury Yield Tops 1.23% Ahead Of Key Jobs Report
The 10-year U.S. Treasury yield topped 1.23% early on Friday, ahead of the Labor Department’s highly anticipated…
Huawei Chairman Says The ‘Aim Is To Survive’ As Revenue Slides 30%
The chairman of Huawei said the Chinese technology company’s “aim is to survive” as revenue fell almost 30% in the…
Shares Of Indonesian E-Commerce Company Bukalapak Jump 25% In Stock Market Debut
Shares of Indonesian e-commerce firm Bukalapak jumped nearly 25% in their trading debut Friday — from an initial…
European stocks flat as investors track earnings, Covid-19 and economic data
European markets were muted on Friday morning as investors monitored a fresh round of corporate earnings and the…
The World’s Largest Container Shipping Firm Posts Soaring Second-Quarter Earnings
Maersk, the world’s largest container shipping firm, has posted a sharp increase in second-quarter earnings as…
U.S. FTC Says Facebook Misused Privacy Decree To Shut Down Ad Research
The U.S. Federal Trade Commission criticized Facebook Inc (FB.O) on Thursday for making "misleading claims" to…
Qualcomm Tops Magna’s Bid With $4.6 Billion Offer For Veoneer
Chipmaker Qualcomm Inc (QCOM.O) said on Thursday it had offered to buy Swedish auto parts maker Veoneer Inc …
Robinhood Shares Dive 27.6%; Filing Sparks Worries Early Investors could Sell
Shares of Robinhood Markets Inc (HOOD.O) tumbled on Thursday, snapping a four-day winning streak, after the newly…
Cooling Measures Doing Little To Slow New Zealand’s Housing Boom
Desperation among homebuyers is pushing New Zealand house prices to record highs, overpowering the government’s…
Nelson Peltz To Step Down From P&G Board
Procter & Gamble Co (PG.N) said on Thursday activist investor Nelson Peltz would step down from the company's…
Analysis: Private Equity Struggles To Get In On $1 Trillion U.S. Infrastructure…
Private equity firms are fretting that a long-awaited $1 trillion infrastructure bill under negotiation by U.S.…
Fed’s Kashkari: Delta May Throw Wrinkle Into Taper Plan
Minneapolis Federal Reserve President Neel Kashkari on Thursday said the highly transmissible Delta variant of the…
Asian Shares Fall As Delta Variant Casts Shadow Over Growth
Asian shares failed to catch a firm lead from a bumper Wall Street session on Friday as the spread of the Delta…
Yuan Inches Up, Market Awaits Policy Guidance At Home And Abroad
China's yuan inched up against
the dollar on Thursday, although trade was thin as market
participants awaited…
Dollar Holds Gains After Hawkish Fed Comments
The dollar held most gains against basket of currencies on Thursday after hawkish comments from the U.S. Federal…
Tech’s Pandemic Boom Is Coming To An End
The Covid boom times are coming to an end for tech companies.
After reporting eye-popping growth throughout 2020…
Iran’s Hardline Cleric Ebrahim Raisi Sworn In As President Amid Slew Of Tensions
Iranian cleric Ebrahim Raisi has been sworn in as the Islamic Republic’s new president against the backdrop of…
Dr Anthony Fauci Warns More Severe Covid Variant Could Emerge As United State…
White House chief medical advisor Dr. Anthony Fauci has warned that a more severe Covid variant could emerge as the…
Biden To Aim For 50% EVs By 2030 With Industry Support
U.S. President Joe Biden will sign an executive order on Thursday aimed at making half of all new vehicles sold in…
Target To Pay 100% Of College Tuition And Textbooks In Bid To Attract Workers
Target said Wednesday it will offer new perks to woo workers: a debt-free way to get a college degree and…
Stock Futures Rebound As Investors Await More Jobs Data
Futures contracts tied to the major U.S. equity indexes were mildly higher Thursday morning as Wall Street looked…
Jobless Filings match estimates while continuing claims tumble below 3 millio
Initial claims for unemployment insurance edged lower last week, meeting Wall Street expectations, the Labor…
States Are Implementing New Educational Standards, Signaling The End Of Common…
America is preparing for a return to school this fall semester, but curriculums might seem a bit different than…
Futures Rise Head Of Weekly Jobless Claims Data
U.S. stock index futures rose on Thursday ahead of data expected to show fewer Americans filed for unemployment…
ByteDance To Close Some Tutoring Ops After Clampdown – Sources
TikTok owner ByteDance told employees on Thursday it planned to lay off staff in its education business and close…
Tesla Chair Denholm Sells Shares Worth More Than $22 Mln
Tesla Inc (TSLA.O) chair Robyn Denholm sold more than $22 million worth of shares in the electric-car maker after…
Stocks Making The Biggest Moves Premarket: Moderna, Cigna, Penn National, Wayfair…
Moderna (MRNA) – Moderna shares fell 2.4% in the premarket, despite reporting better-than-expected earnings and…
Sterling Steady Above $1.39 Before Bank Of England Meeting
Sterling steadied around $1.39 against the dollar on Wednesday, buoyed by risk sentiment in markets, optimism over…
Robinhood Retreats After Monster Rally This Week As Sockholders File To Sell 97.9…
Robinhood said on Thursday in an amended filing that existing shareholders will sell up 97.9 million shares over…
Koo, India’s Microblogging Platform Begins Move To Register In Nigeria
Indian microblogging app, Koo, has disclosed plan to formally register in Nigeria.
The app became popular in…