26 February

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Boeing, hit with $6.6 million FAA fine, faces much bigger 787 repair bill – sources By Reuters

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By Eric M. Johnson and David Shepardson SEATTLE/WASHINGTON (Reuters) - Boeing (NYSE:BA) Co will pay a $6.6 million to U.S. regulators as part of a settlement over quality and safety-oversight lapses going back years, a setback that comes as Boeing wrestles with repairs to flawed 787 Dreamliner jets that could dwarf the cost...

26 February

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Oxford University says research not affected after media reports of COVID lab hack By Reuters

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(Reuters) - Oxford University said on Thursday it was investigating a cyber attack but that research was unaffected, following media reports that one of its biology laboratories researching COVID-19 had been hacked. The breach took place in mid-February and occurred at the Division of Structural Biology, known as Strubi, which has been carrying out research into COVID-19, according to Forbes and The...

26 February

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Dell beats revenue estimates on buoyant demand for desktops, notebooks By Reuters

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(Reuters) - Dell Technologies Inc beat Wall Street estimates for holiday-quarter revenue on Thursday, helped by demand for its desktops and notebooks as most offices continued to work remotely during the COVID-19 health crisis. Revenue from its client solutions group, which includes desktop PCs, notebooks and tablets, was $13.8 billion, up 17% from a year earlier. The company said it had shipped...

25 February

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Democrats Eye Permanent Child Credit Expansion: Stimulus Update By Bloomberg

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(Bloomberg) -- Democratic lawmakers said they’d work on making the expanded child tax credit in President Joe Biden’s $1.9 trillion pandemic-relief bill permanent, adding to signs that elements of the bill could serve as a basis for an expanded longer-term social safety net. Legislators are awaiting a ruling by the Senate parliamentarian on another...

25 February

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Daimler picks banks to help with listing of trucks unit – sources By Reuters

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By Arno Schuetze FRANKFURT (Reuters) - Daimler has picked banks to help with the planned listing of its trucks unit that the carmaker seeks to increase its investor appeal as a focused electric, luxury car business, people close to the matter said. Goldman Sachs (NYSE:GS), Citi and BNP Paribas (PA:BNPP) will help Daimler with equity workstream in the spin-off...

25 February

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Canada shares lower at close of trade; S&P/TSX Composite down 0.91% By Investing.com

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Investing.com – Canada equities were lower at the close on Thursday, as losses in the Clean Technology, Healthcare and Materials sectors propelled shares lower. At the close in Toronto, the S&P/TSX Composite declined 0.91%. The biggest gainers of the session on the S&P/TSX Composite were Gildan Activewear Inc. (TSX:GIL), which rose 14.62% or 4.98 points to trade at 39.04...

25 February

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Twitter plans to double revenue by 2023, teases new ‘super follow’ feature By Reuters

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By Sheila Dang (Reuters) - Twitter Inc (NYSE:TWTR) will launch new features and products at a faster pace to catch up with rivals, it said on Thursday, projecting a doubling in annual revenue and reaching a least 315 million users in 2023. Twitter shares rose 6.8% to $76.70. "We know we've...

25 February

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U.K. shares higher at close of trade; Investing.com United Kingdom 100 up 0.26% By Investing.com

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Investing.com – U.K. equities were higher at the close on Thursday, as gains in the Automobiles & Parts, Industrial Metals & Mining and Mining sectors propelled shares higher. At the close in London, the Investing.com United Kingdom 100 rose 0.26%. The biggest gainers of the session on the Investing.com United Kingdom 100 were DS Smith PLC (LON:SMDS), which rose 5.94% or...

25 February

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FTSE 100 marginally lower, USD falls, gilt yields jump, bitcoin bounces By Investing.com

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By Samuel Indyk FTSE 100 down 0.1%, DS Smith jumps on takeover chatter EUR strong against GBP and USD UK 10-Year jumps 7bps Bitcoin steady above $50,000 Investing.com – The FTSE 100 ended the trading day slightly lower with a familiar theme taking hold. Miners were strong again in the wake of higher metals prices, in particular copper which surged to...

25 February

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Exclusive: Portugal sees green hydrogen output by end-2022, $12 billion in investment lined up By Reuters

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By Sergio Goncalves LISBON (Reuters) - Portugal will start producing green hydrogen by the end of 2022 and already has private investment worth around 10 billion euros ($12 billion) lined up for eight projects that are expected to move forward, Environment Minister Joao Matos Fernandes said. He told Reuters in a telephone interview there were also several "pre-contracts for the purchase and...

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Boeing, hit with $6.6 million FAA fine, faces much bigger 787 repair bill – sources By Reuters

Oxford University says research not affected after media reports of COVID lab hack By Reuters

Dell beats revenue estimates on buoyant demand for desktops, notebooks By Reuters

Democrats Eye Permanent Child Credit Expansion: Stimulus Update By Bloomberg

Daimler picks banks to help with listing of trucks unit – sources By Reuters

Canada shares lower at close of trade; S&P/TSX Composite down 0.91% By Investing.com

Twitter plans to double revenue by 2023, teases new ‘super follow’ feature By Reuters

U.K. shares higher at close of trade; Investing.com United Kingdom 100 up 0.26% By Investing.com

FTSE 100 marginally lower, USD falls, gilt yields jump, bitcoin bounces By Investing.com

Exclusive: Portugal sees green hydrogen output by end-2022, $12 billion in investment lined up By Reuters

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