16 February

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Hunt for the Future Faangs Vaults Invesco ETF to $1 Billion Club By Bloomberg

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(Bloomberg) -- Investors chasing the next tech wave are driving a divergence in fortunes for two of Invesco’s exchange-traded funds. The Invesco NASDAQ Next Gen 100 ETF (ticker QQQJ) crossed the $1 billion-in-assets milestone last week, just four months after launching, according to data compiled by Bloomberg. It’s absorbed roughly $343 million in inflows so far this year, while the $162 billion Invesco...

16 February

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Hargreaves Lansdown co-founder to sell shares worth about $417 million By Reuters

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(Reuters) - Peter Hargreaves , the largest shareholder an co-founder of Hargreaves Lansdown (LON:HRGV), plans to sell shares worth about 300 million pounds ($417.18 million) in the British fund supermarket, a joint bookrunner said on Tuesday. Barclays (LON:BARC) Bank said the sale would take place via an accelerated bookbuild offering to institutional investors, and the size and price of...

16 February

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German inflation expectations cooling, Bundesbank says By Reuters

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FRANKFURT (Reuters) - German inflation expectations subsided last month, even though consumer prices surged and the country's central bank warned of a further rise in the months ahead, a survey by the Bundesbank showed on Tuesday. German households expected an inflation rate of 2.4% over the coming 12 months, a marked decline from the 3.1% seen in December, the Bundesbank's Survey...

16 February

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Scottish pupils to begin returning to school from Monday By Reuters

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LONDON (Reuters) - Pupils in Scotland will begin returning to schools from Monday, Scottish First Minister Nicola Sturgeon said, but the move would mean wider COVID-19 lockdown restrictions may have to stay in place longer. Sturgeon announced that a phased return would go ahead as previously planned with some age groups allowed to...

16 February

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English health authority says 38 cases of new COVID variant found By Reuters

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LONDON (Reuters) - Health authorities in England have identified 38 cases of a new coronavirus variant which has a key mutation that is thought to reduce the effectiveness of vaccines, the government said on Tuesday. "There is currently no evidence that this set of mutations causes more severe illness or increased transmissibility," Professor Yvonne Doyle, Medical Director at Public Health England (PHE)...

16 February

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Adidas plans to sell struggling Reebok brand By Reuters

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BERLIN (Reuters) - German sportswear maker Adidas AG (DE:ADSGN) plans to sell or spin-off its underperforming Reebok brand, 15 years after it bought the U.S. fitness label to help compete with arch-rival Nike Inc (NYSE:NKE). Adidas said on Tuesday it had decided to begin a formal process aimed at divesting Reebok as part of a five-year strategy it plans to...

16 February

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Wall Street Opens at Record Highs After Long Weekend; Dow up 105 Points By Investing.com

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By Geoffrey Smith Investing.com -- U.S. stock markets opened higher after the long weekend, with risk appetite emboldened by a sharp drop in coronavirus cases and reassurances about enduring support from the Federal Reserve. By 9:35 AM ET (1435 GMT), the Dow Jones Industrial Average was up 105 points, or 0.3% at 31,564 points. The S&P 500 was up 0.2% and the NASDAQ Composite...

16 February

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U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 0.22% By Investing.com

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Investing.com – U.K. equities were lower at the close on Tuesday, as losses in the Electrical, Gas, Water & Multiutilities and Pharmaceuticals & Biotech sectors propelled shares lower. At the close in London, the Investing.com United Kingdom 100 lost 0.22%. The biggest gainers of the session on the Investing.com United Kingdom 100 were HSBC Holdings PLC (LON:HSBA), which rose...

16 February

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Germany dashes hopes of businesses for quick reopening of economy By Reuters

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BERLIN (Reuters) - German Economy Minister Peter Altmaier on Tuesday dashed hopes of business lobby groups for a quick reopening of the economy, saying the country should not rush to ease coronavirus restrictions as this could risk another wave of infections. "Business can't flourish if we get a third wave of infections," Altmaier told German television before a virtual meeting with representatives...

16 February

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Britain may need big tax rises, but not yet – think tank By Reuters

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By William Schomberg LONDON (Reuters) - British finance minister Rishi Sunak might have to raise a hefty 60 billion pounds ($83 billion) more in taxes each year to pay for the COVID-19 hit to the public finances, but his March 3 budget is too soon for such a move, a think tank said....

Меню

Hunt for the Future Faangs Vaults Invesco ETF to $1 Billion Club By Bloomberg

Hargreaves Lansdown co-founder to sell shares worth about $417 million By Reuters

German inflation expectations cooling, Bundesbank says By Reuters

Scottish pupils to begin returning to school from Monday By Reuters

English health authority says 38 cases of new COVID variant found By Reuters

Adidas plans to sell struggling Reebok brand By Reuters

Wall Street Opens at Record Highs After Long Weekend; Dow up 105 Points By Investing.com

U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 0.22% By Investing.com

Germany dashes hopes of businesses for quick reopening of economy By Reuters

Britain may need big tax rises, but not yet – think tank By Reuters

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