English News
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European markets close mixed as Covid surge dents sentiment; Volvo slides 7%
KEY POINTS Swiss online pharmacy Zur Rose Group surged 8.6% after Morgan Stanley initiated coverage of the stock with an…
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Dollar strengthens as investors turn cautious, market waits for Powell testimony
(CNBC)- The dollar rose against a basket of most major currencies on Tuesday, while yields on U.S. Treasuries dipped, as…
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Oil tumbles 4% on concerns over Europe curbs, rollouts
(CNBC)- Oil prices fell more than 4% on Tuesday, hit by concerns over new pandemic curbs and slow vaccine rollouts…
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Gold slips as stronger dollar prevails over easing yields
(CNBC)- Gold prices slipped on Tuesday as the dollar’s rally to a two-week peak offset a dip in U.S Treasury…
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After a big first year, expect smaller and choppier gains from the rest of this bull market
KEY POINTS It was on March 23, 2020, when the S&P 500 hit its bottom after the Covid crisis sent…
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Amazon stands to win big on Deliveroo’s IPO
KEY POINTS Deliveroo’s IPO will value the company between £7.6 billion and £8.8 billion, which is higher than previous reports…
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U.S. jury tells Apple to pay $308.5 million for patent infringement
(Reuters) – A federal jury in Texas said Apple Inc must pay about $308.5 million to Personalized Media Communications LLC…
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Oil prices rise 2% but post weekly decline on demand fears
NEW YORK (Reuters) – Oil rose more than 2% in volatile trading on Friday, but finished the week about 7%…
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Coinbase pays $6.5 million to settle U.S. false reporting charges
WASHINGTON (Reuters) – The U.S. Commodity Futures Trading Commission (CFTC) said on Friday digital asset exchange Coinbase Inc paid $6.5…
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Pandemic leaves digital laggard Italy scrambling to catch up
MILAN (Reuters) – Small Italian car filter supplier Ecofiltri took out a state-backed loan last year, just like thousands of…
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Saudi Aramco profit slumps 44% after Covid-battered year, but maintains dividend
KEY POINTS Saudi Aramco reported a 44% collapse in full year earnings, as the coronavirus punched the global economy, oil…
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Musk says Tesla would be shut down if its cars spied in China, elsewhere
KEY POINTS Sources said Friday that the Chinese military has banned Tesla cars from entering its complexes, citing security concerns…
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