U.S. one dollar banknotes are seen in this illustration taken February 8, 2021. REUTERS/Dado Ruvic/IllustrationThe BlackRock Investment Institute said on Monday the economic restart, stabilising U.S. Treasury yields and relatively cheap valuations will boost emerging market assets after a choppy start to 2021.BlackRock acknowledged that some developing economies faced near-term challenges including a virus resurgence,…
MarketsDow and S&P 500 slip from record highs, tech shares lead lossesPublished Sun, Apr 18 20216:04 PM EDTUpdated Mon, Apr 19 20219:58 AM EDTYun Li@YunLi626Pippa Stevens@PippaStevens13ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailVIDEO3:4203:42Stocks pull back from record levels at openSquawk on the StreetU.S. stocks dipped from record levels to start…
* TIM, Open Fiber rolling out fibre networks at pace* Rome deciding whether to revive single network plan* Plan promises savings, but some favour competitionMILAN, April 19 (Reuters) – When mayor Filippo Tripoli got a phone call from Telecom Italia last December to cable his town in Sicily he was taken by surprise. Bagheria, population…
SHANGHAI (Reuters) – Auto industry executives are rattled by a global shortage of semiconductors which is hitting production in China, after hoping the world’s biggest car market could spearhead global recovery in the sector.A Volkswagen ID.6 X is displayed ahead of the Shanghai Auto Show, in Shanghai, China April 18, 2021. REUTERS/Aly SongAutomakers around the…
April 19 (Reuters) – Australian shares are expected to open higher on Monday and are on track to approach record levels, after positive corporate earnings and upbeat economic data sent Wall Street to fresh peaks on Friday. The local share price index futures rose 0.5%, a 7.5-point premium to the underlying S&P/ASX 200 index close.…
A Saudi trader observes the stock market on monitors at Falcom stock exchange agency in Riyadh, Saudi Arabia February 7, 2018. REUTERS/Faisal Al NasserMajor Gulf stock markets ended mixed on Sunday, with Qatar registering sharp losses following a surge in the previous session when it removed a cap on foreign ownership, while blue-chip Egyptian shares…
Washington Nationals right-hander Erick Fedde matched his career high of nine strikeouts over five innings and Yan Gomes had three hits, including a home run, in a 6-2 win over the visiting Arizona Diamondbacks on Saturday.Fedde (1-1) scattered five hits and allowed a walk. The lone run the right-hander allowed was Kole Calhoun’s first of…
Apr 15th 2021FacebookTwitterLinkedInWhatsAppIN THE DECADES after the second world war carmakers were the undisputed champions of the personal-transport economy. Competition and economies of scale made cars affordable to millions of motorists in industrialised countries. In the 1980s and 1990s the likes of General Motors (GM) and Toyota boasted some of the world’s richest market capitalisations.…
Digital banking app Revolut is on track for a new fundraising that will value the company at more than $10 billion, Sky News reported on Saturday.The London-based financial technology startup is lining up FT Partners, a U.S.-based fintech-focused investment bank, as its adviser on the new funding, which is expected to take place after the…
EditorsNote: fixed Nelson’s record in final grafMichael Wacha pitched six sharp innings of one-hit ball as the visiting Tampa Bay Rays capitalized on shoddy defense by the New York Yankees and recorded an 8-2 victory Friday night at frigid Yankee Stadium.Wacha (1-1) only allowed a single to Gio Urshela in the second inning and three…