Tag: stocks

© Reuters. FILE PHOTO: FILE PHOTO: The Charging Bull or Wall Street Bull is pictured in the Manhattan borough of New York City By Thyagaraju Adinarayan and Sujata Rao LONDON (Reuters) – Equity funds have attracted more than half a trillion dollars in the past five months, exceeding inflows recorded over the previous 12 years,…

Team Liquid defeated TSM to win the lower-bracket final of LCS 2021 Mid-Season Showdown on Saturday, earning a rematch with Cloud 9 in Sunday’s grand final.Team Liquid beat TSM by a 3-1 map count on Saturday, winning the first map in 37 minutes, and followed up with a 34-minute victory. TSM claimed the third map…

LONDON, April 10 (Reuters) – British Prime Minister Boris Johnson will not attend next Saturday’s funeral of Prince Philip to make space for as many family members as possible under pandemic rules, his Downing Street office said in a statement.“As a result of the Coronavirus regulations, only 30 people can attend the funeral of HRH…

Apr 8th 2021HONG KONGFacebookTwitterLinkedInWhatsAppEditor’s update: on April 10th Chinese authorities fined Alibaba 18.2bn yuan ($2.8bn) following an antitrust investigation. The firm is accused of pressuring retailers into offering their goods exclusively on its online store. It is the largest penalty ever handed down by the country’s regulators.CHINA’S TECH tycoons have not been themselves lately. In…

(Reuters) – Iran imposed a 10-day lockdown across most of the country on Saturday to curb the spread of a fourth wave of the coronavirus pandemic, state media reported.FILE PHOTO: Iranians wearing protective face masks against the coronavirus walk in a crowded area of the capital Tehran, Iran, March 30, 2021. Majid Asgaripour/WANA (West Asia…

Franmil Reyes clubbed a pair of homers, Zach Plesac tossed seven scoreless innings and the Cleveland Indians topped the visiting Detroit Tigers 4-1 on Friday.Plesac (1-1) was tagged with a loss in Detroit on Saturday despite allowing only two runs in six innings. He was even more dominant on Friday, allowing just three hits with…

NEW YORK (Reuters) – Wall Street is kicking off a crucial reporting season as U.S. companies provide quarterly results a year after the coronavirus pandemic crippled the economy and as investors look for reasons to support a stock market at record highs.FILE PHOTO: A sign for the Wall Street subway station is seen in the…

A GameStop store is pictured amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., January 27, 2021. REUTERS/Carlo AllegriNEW YORK (Reuters Breakingviews) – CLICKS AND BRICKS. GameStop, the $12 billion company buoyed by Reddit fans, plans to elect Chewy co-founder Ryan Cohen to chairman. He may help…

Apr 10th 2021SAN FRANCISCOFacebookTwitterLinkedInWhatsAppONE OF SILICON VALLEY’S most successful inventions is hype. It usually disappoints. In 2015 live-streaming from smartphones became all the rage. But Meerkat, an app which pioneered it, shut down the following year. On April 1st Periscope, its more successful rival, did too (no joke). Will Clubhouse, a buzzy app that hosts…

Apr 8th 2021FacebookTwitterLinkedInWhatsAppFACED WITH recalcitrant sovereign counterparties, foreign investors and companies occasionally take drastic action. A picaresque example of the genre occurred in 2012, when Elliott Management, a buccaneering American hedge fund which held distressed Argentine bonds, seized a handsome tall ship belonging to Argentina’s navy. Elliott’s aggressive tactics ultimately paid off, and others have…