Trading in the red
Western European stock indices ended trading in negative territory amid cautious global market sentiment.
Some equity investors are becoming increasingly concerned about the strong rebound in bond yields in recent weeks as it cou...
U.S. government bonds
US ten-year government bond yields exceeded 1.37% p.a., reaching their highest level in a year. This was driven by investor fears of an acceleration in the pace of consumer price increases on the back of stronger economic activ...
Facebook ad blocking
A ban on political advertising imposed before the US presidential election hit paid posts raising awareness about COVID-19. Facebook acknowledged the problem and promised to restore&n...
Covid-19 immunity study
In total, more than 4,000 company employees were tested. The authors of the study, which included the founder of SpaceX, concluded that a certain level of antibodies could provide longer-lasting immunity.
SpaceX has conducte...
EU recovery
US exchange-traded fund WisdomTree (NASDAQ:WETF) has launched a bond ETF to support economic recovery efforts in the EU after the COVID-19 pandemic.
The ETF will invest in bonds issued by the EU to finance initiatives aimed at reducing ...
Walmart and Q4 earnings
Walmart shares fell on Thursday after the company reported lower revenues and profits than analysts' estimates, and gave a forecast of lower sales and profits due to rising wages and capital expenditure on the e-commerce...
Prisoners need a vaccine too
Governor Andrew Cuomo received two letters, the first from the Legal Aid Society, Brooklyn Defender Services, New York County Defender Services and other pro bono legal a...
Restaurateurs have been given hope
It won't be long before, as Governor Andrew Cuomo said, it will be possible to serve diners on the premises of establishments, which were banned last December to prevent the spread of the coronavirus.
The number o...
Scottish exports
Scotch whisky exports fell 23% to 3.8bn pounds in 2020, the lowest in 10 years, due to the coronavirus pandemic and US duties.
According to the Scotch Whisky Association, the value of exports to the US, the largest intern...
Fare hike postponed
The ongoing economic difficulties, Metropolitan Transportation Authority Chairman Patrick Foye said, will not lead to the fare increases for underground, buses and the two regional rail lines that were previously scheduled to tak...
Buying Glu Mobile
Electronic Arts announced a deal on Monday to acquire major mobile game developer Glu Mobile. As a result of the deal, Electronic Arts' mobile games business will double and the company expects to incr...
European markets trade
European stock indices ended Friday's trading lower amid lingering worries about coronavirus vaccines and volatility in US stocks.
The Stoxx Europe 600 composite index of the region's largest companies was down 1.87 per cent ...
New York restaurants are reopening
New York City restaurants will once again be allowed to serve customers indoors. A new ordinance could go into effect on Valentine's Day.
Promising a "plan for New York restaurants" b...
Prevention from Covid-19
On Friday evening, the US Centers for Disease Control and Prevention (CDC) issued an order making it mandatory to wear protective masks on all forms of public transport. The move was&n...
The company's loss
Boeing ended 2020 with a sharp rise in losses due to a $6.5 billion write-off of losses due to its delayed 777X wide-body programme. The EU lifted its ban on 737 MAX flights, following the US, Canada and Brazil.
Bo...
Vaccine production schedule
This has disrupted deliveries of the drug to Europe. The head of the company said that AstraZeneca is now working to solve the technical problems and promised to ship 17 million doses by the end of February.
Head of...
Plant-based meat company shares rise
Vegetarian food is increasingly taking over the world, and with it the stock market: shares in plant-based meat producer Beyond Meat (NASDAQ:BYND) soared more than 36% at t...
Profit better than expected
US-based Johnson & Johnson (NYSE:JNJ), the world's largest manufacturer of health products, saw its net income fall 2.3 times to $1.738 billion, or $0.65 per share, in the fourth quarter of 2020, down from $4.01 billi...
U.S. indices
The main US stock indices retreated from Monday's session highs by the close, but the S&P and Nasdaq still ended at record levels. Concerns over the timing and size of the fiscal stimulus have dampened optimism at the start of a wee...
Help for those affected
US President Joe Biden signed two decrees intended to assist those Americans most severely affected by the COVID-19 epidemic.
The President ordered the Treasury Department to take steps to speed...
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