8:00 - 19:00

Working hours MON. - FRI.

Apple, AMC Entertainment Rise Premarket; Merck Falls By Investing.com

By Peter Nurse  Investing.com -- Stocks in focus in premarket trade on Monday, January 25th. Please refresh for updates. GameStop (NYSE:GME) stock soared 48%, continuing Friday’s surge, as the video games retailer finds itself in the middle of a battle between short-seller Citron Research and day traders on the web site Reddit. AMC Entertainment (NYSE:AMC) stock climbed 36% after...

Continue reading

Playtech in talks to sell financial unit for $200 million By Reuters

(Reuters) - Playtech Plc (LON:PTEC) said on Monday it was in exclusive talks with a consortium about the possible sale of its financial trading arm, Finalto, for a cash offer of up to $200 million as the gambling software maker looks to simplify its business. The British company, the world's biggest supplier of technology for online gaming operators, said the consortium was by...

Continue reading

Cineworld shareholders back new management pay, incentive scheme By Reuters

(Reuters) - Cineworld's investors on Monday approved an incentive scheme that could award the cinema operator's top boss and his deputy shares worth up to 65 million pounds ($88.86 million), while acknowledging "significant number of votes" against it. "The Board will continue to engage with shareholders on remuneration matters in the coming months in light of the feedback received during our consultation,"...

Continue reading

Former PM Brown sees no democratic mandate for Scottish independence vote By Reuters

LONDON (Reuters) - Britain's former prime minister Gordon Brown said on Monday he did not think the Scottish National Party would have a democratic mandate to hold a referendum on Scottish independence even if it wins May's Scottish elections as expected. "No, no, I don't think so," Brown, who is Scottish, said on BBC radio in answer to a question on whether...

Continue reading

ECB can price climate risk better than the market, Panetta says By Reuters

FRANKFURT (Reuters) - The European Central Bank can price climate risk better than market participants and should make its own environmental analysis when conducting monetary policy, ECB board member Fabio Panetta said on Monday. Panetta said the ECB should take the consequences of climate change into account in its economic analysis and policy implementation, for example when it values the collateral that...

Continue reading

Fed set to look beyond possible post-pandemic inflation shock By Reuters

By Howard Schneider WASHINGTON (Reuters) - Between the closed theaters and restaurants, the prices slashed by airlines and half-empty hotels, and the government benefits paid or in the pipeline, Americans may have as much as $2 trillion in extra cash socked away by this spring. For the Federal Reserve, that is both blessing and curse: fuel for the economic recovery once coronavirus...

Continue reading

Alphabet’s Verily bets on long-term payoff from virus-testing deals By Reuters

By Paresh Dave OAKLAND, Calif. (Reuters) - For Alphabet (NASDAQ:GOOGL) Inc's Verily, a healthcare venture that is one the tech giant's most prominent "other bets," the coronavirus pandemic offered an immediate business opportunity. Starting last February, the company shifted many of its about 1,000 employees to developing software for governments and employers to...

Continue reading

EU seeks answers from AstraZeneca on cut to vaccine supplies By Reuters

By Francesco Guarascio and Sabine Siebold BRUSSELS (Reuters) - The European Union will meet AstraZeneca executives on Monday to seek further clarification on why they unexpectedly announced a large cut in supplies of COVID-19 vaccine to the bloc for the first quarter of the year, EU officials said. AstraZeneca, which developed its shot with Oxford University, told the EU on Friday that...

Continue reading

Growing risk appetite, weekend vaccine rollout push support sterling By Reuters

By Joice Alves LONDON (Reuters) - Sterling strengthened on Monday as investors returned to risk assets on hopes for more stimulus in the United States, while Britain's COVID-19 vaccine rollout push over the weekend also offered support to the pound. Optimism about a $1.9 trillion fiscal stimulus plan to help revive the U.S. economy sparked interest for riskier assets with sterling...

Continue reading
en_GBEnglish