Tag: Stock Market

© Reuters. People walk inside a shopping mall during holiday season in Hazmieh, Lebanon December 29, 2021. Picture taken December 29, 2021. REUTERS/Mohamed Azakir/File Photo BEIRUT (Reuters) – Lebanon is suffering an economic meltdown that began in 2019 when the financial system collapsed under colossal state debts and the unsustainable way they were funded, while…

3/3 © Reuters. People queue outside an Alfa telecommunications store in Beirut, Lebanon January 12, 2022. REUTERS/Mohamed Azakir 2/3 By Laila Bassam and Timour Azhari BEIRUT (Reuters) – Lebanon’s telecom duopoly, once cash cows for the state, used to allocate most of their spending on wages, rent and infrastructure. Now revenues have nosedived, and the…

© Reuters. FILE PHOTO: Representations of virtual currency Bitcoin are seen in this picture illustration taken taken March 13, 2020. REUTERS/Dado Ruvic/Illustration/File Photo By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Cryptocurrency investment products and funds had net outflows last week totaling a record $207 million, a report from digital asset manager CoinShares showed on Monday,…

© Reuters. Macron Doubles Down on Plan to ‘Piss Off’ the Unvaccinated (Bloomberg) — President Emmanuel Macron on Friday stood by the uncompromising stance and combative language he directed earlier this week at France’s unvaccinated citizens amid record numbers of new Covid-19 cases.  Macron in a Tuesday interview with Le Parisien used salty language — saying…

© Reuters. FILE PHOTO: United States one dollar bills are curled and inspected during production at the Bureau of Engraving and Printing in Washington November 14, 2014. REUTERS/Gary Cameron/File Photo By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Futures on the federal funds rate on Wednesday have priced in a roughly 80% chance of a quarter-percentage-point…

© Reuters. FILE PHOTO: Japanese Prime Minister Fumio Kishida speaks before the media at his official residence as an extraordinary Diet session was closed, in Tokyo, Japan December 21, 2021. Yoshikazu Tsuno/Pool via REUTERS TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida on Wednesday called on business lobbies and unions to work together to “boldly…

2/2 © Reuters. FILE PHOTO: A sign of China Mobile is seen on a street in Shanghai, China January 4, 2022. REUTERS/Aly Song 2/2 SHANGHAI (Reuters) -China Mobile Ltd shares gave up strong early gains but finished the day higher in their Shanghai debut on Wednesday, after the company raised 48.7 billion yuan ($7.64 billion)…

© Reuters. FILE PHOTO: “Stock Exchange” is seen over an entrance to the New York Stock Exchange (NYSE) on Wall St. in New York City, U.S., March 29, 2021. REUTERS/Brendan McDermid By Saqib Iqbal Ahmed NEW YORK (Reuters) -Investors have piled into traditionally defensive stocks in the last weeks of the year, spurring a rally…

© Reuters. FILE PHOTO: A trader works inside a booth on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 8, 2021. REUTERS/Brendan McDermid By Tommy Wilkes LONDON (Reuters) – Stock markets dipped on Friday in thin trading but were set to see in the New Year with double-digit…

© Reuters. Brian Niccol, new CEO of Chipotle Mexican Grill, poses for a picture in this undated handout photo. Courtesy Chipotle Mexican Grill/Handout via REUTERS By Chris Taylor NEW YORK (Reuters) – When you order at Chipotle Mexican Grill (NYSE:CMG), you are probably not thinking about the complex supply chain that got your food into…