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A Tesla for a bitcoin: Musk drives up cryptocurrency price with $1.5 billion purchase By Reuters

By Subrat Patnaik, Anna Irrera and David Randall (Reuters) - Bitcoin took another large stride toward mainstream acceptance on Monday after billionaire Elon Musk's electric vehicle company Tesla Inc revealed it had bought $1.5 billion of the cryptocurrency and would soon accept it as a form of payment for cars, sending the cryptocurrency...

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Stocks trying to hold momentum in Asian trading after U.S. records By Reuters

By David Henry (Reuters) - Global stocks were poised to rise again on Tuesday in Asian trading after another record-setting day on Wall Street. {{178|Japan's NiNikkei 225 futures rose 0.15%, e-mini futures for the S&P 500 rose 0.04% and Australian S&P/ASX 200 futures rose 0.12% in early trading. MSCI's broadest index of Asia-Pacific shares outside Japan was last up 0.04% at 720.5....

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Take-Two Earnings, Revenue Beat in Q3 By Investing.com

By Yasin Ebrahim Take-Two (NASDAQ:TTWO) raised its guidance on Monday after reporting third quarter results that beat analysts' forecasts following a strong demand over the holiday season. Take-two was down 3% in after-hours trade following the report. For its fiscal fourth quarter, the company guided earnings in range of $0.98 from $0.88 and revenue in a range of $702 million to $752 million....

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UK tech entrepreneur Lynch starts fights against U.S. extradition By Reuters

LONDON (Reuters) - British tech billionaire Michael Lynch begins his fight against extradition to the United States to face charges over the sale of the software company he co-founded on Tuesday, in a test of an extradition treaty critics say is lopsided. U.S. prosecutors want Lynch to stand trial on 17 counts, including securities fraud, connected to the sale of Autonomy to...

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Analysis: Can you buy a Tesla with bitcoin? How the payments might work By Reuters

By Anna Irrera LONDON (Reuters) - Tesla Inc expects to allow customers to pay for its electric vehicles with bitcoin soon, the automaker said on Monday, a move that could expand how the most popular cryptocurrency is used for real-world transactions. Although bitcoin has become more of a household name in recent years, it is still mostly used as an investment product...

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Brussels poised to reject UK’s calls for extension to Northern Ireland grace periods – The Telegraph By Reuters

(Reuters) - Brussels appears poised to reject the UK's calls for a two-year extension of the grace periods for post-Brexit trade in Northern Ireland, the Telegraph reported late Monday. The European Commission is likely to agree to only a three- to six-month extension of the arrangements in place for traders moving goods between Britain and the province, the report added, citing...

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Take-Two Earnings, Revenue beat in Q3 By Investing.com

Take-Two (NASDAQ:TTWO) reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations. Take-Two announced earnings per share of $1.57 on revenue of $814.3M (NYSE:MMM). Analysts polled by Investing.com anticipated EPS of $0.9472 on revenue of $753.55M. Take-Two shares are up 2.65% from the beginning of the year and are trading at $213.30 , down-from-52-week-high.They...

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Twitter Profit, Bitcoin Surge, Impeachment Trial 2.0: 3 Things to Watch By Investing.com

By Liz Moyer Investing.com -- Stocks roared ahead to another record high, with broad buying in value sectors such as energy and financials as investors cheered the prospects of stimulus and a recovery. All three major indexes hit highs, led by energy on a bet the vaccine rollout will fuel a resurgence in business activity, and thus, a pick up in energy demand. Tesla...

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EU, UK envoys urge action to resolve fight with U.S. on aircraft subsidies By Reuters

WASHINGTON (Reuters) - Envoys from Britain and the European Union on Monday underscored their willingness to negotiate with the new U.S. government to quickly resolve a 16-year dispute over aircraft subsidies that has triggered tariffs on both sides. EU Ambassador Stavros Lambrinidis told a trade conference the dispute had gone on far too long, and China - which provided 100% subsidies to...

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All passengers entering UK to require repeated COVID tests – ITV reporter By Reuters

LONDON (Reuters) - Anyone entering the United Kingdom from Tuesday will need to be tested for COVID-19 on the second and eighth days after their arrival, an ITV (LON:ITV) reporter said, without citing sources. "Understand the government will announce tomorrow that ALL passengers arriving in UK will have to be tested for COVID on days 2 and 8 after they...

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