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16 January
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UK airports call for ‘urgent’ government support after travel rules tightened By Reuters

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By David Milliken LONDON (Reuters) - British airports called for urgent government support and an airline industry representative said the sector was heading for a "very difficult" place after Britain tightened its COVID-19 rules for international travellers on Friday. From 0400 GMT on Monday, all travellers to Britain must have a recent negative COVID-19 test and quarantine at home for 10 days...

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16 January
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Goldman Sees Congress Approving $1.1 Trillion in Near-Term Aid By Bloomberg

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(Bloomberg) -- Goldman Sachs Group Inc (NYSE:GS). raised its forecast for the amount of near-term stimulus Congress will approve after President-elect Joe Biden unveiled his plan Thursday, though kept it well short of the proposed $1.9 trillion package. The bank’s new projection of $1.1 trillion, up from a previous forecast of $750 billion, reflects more spending on education and...

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16 January
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Spotify’s Podcast Bet Driving Little Growth: Citi By Investing.com

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By Christiana Sciaudone Investing.com --  Spotify (NYSE:SPOT) slumped 5% after getting downgraded at Citi. The firm bumped the audio streaming service to sell from neutral on concerns about its pivot to podcasts, according to CNBC Pro.  “Among four subscription based stocks – Spotify, Roku (NASDAQ:ROKU), Netflix (NASDAQ:NFLX) and SiriusXM – Spotify is the only firm where the Street’s long-term...

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16 January
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U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 1.17% By Investing.com

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Investing.com – U.K. equities were lower at the close on Friday, as losses in the Oil Equipment Services & Distribution, Mining and General Industrial sectors propelled shares lower. At the close in London, the Investing.com United Kingdom 100 fell 1.17%. The biggest gainers of the session on the Investing.com United Kingdom 100 were AVEVA Group PLC (LON:AVV), which rose 7.93% or...

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16 January
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Plug Power a Leading Play in Fuel Cells, But Case for Growth is Tricky By Investing.com

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By Yasin Ebrahim and Geoffrey Smith Investing.com — Plug Power (NASDAQ:PLUG) has surged more than 1000% over the past 12 months, but Is it time to pull the plug on the hydrogen's fuel cell company's shares? Investing.com’s Yasin Ebrahim argues the bull case for Plug Power, while Geoffrey Smith argues why investors should steer clear. The Bull Case A...

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16 January
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Failed French supermarket deal unlikely to dampen ambitions of Canada’s Bouchard By Reuters

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By Allison Lampert and Kevin Dougherty MONTREAL/QUEBEC CITY (Reuters) - Political opposition that killed Canadian convenience store operator Alimentation Couche-Tard's $20 billion bid for French retailer Carrefour (PA:CARR) on Friday is unlikely to end the global ambitions of founder Alain Bouchard. The low-profile Canadian businessman built Couche-Tard from a single store in Quebec in 1980 to a global network of...

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16 January
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Dow Off Lows, But Remains in Red on Recovery Worries; Banks Slump By Investing.com

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By Yasin Ebrahim Investing.com – The Dow moved off session lows Friday but remained under pressure on mixed quarterly reports from banks and further signs of a slowing recovery just as President-elect Joe Biden revealed his $1.9 trillion stimulus plan to prop up the economy. The Dow Jones Industrial Average fell 0.21%, or 64 points. The S&P 500 was down 0.31%, while the...

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16 January
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Palantir’s Got More Potential Contracts Ahead: Phoenix By Investing.com

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By Christiana Sciaudone Investing.com --  Palantir rose 7% on the Biden administration's plan to track Covid-19, Bloomberg reported. President-elect Joe Biden’s economic relief proposal includes a plan for increased Covid-19 testing and contact tracing, which could benefit Palantir, Wayne Kaufman, chief market analyst at Phoenix Financial Services, told Bloomberg in a phone interview.  “This will mean a lot of data to be analyzed,...

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16 January
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After long journey, Fiat Chrysler and PSA to seal merger to become Stellantis By Reuters

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MILAN (Reuters) - Fiat Chrysler and PSA will seal their long-awaited merger on Saturday to create Stellantis, the world's fourth-largest auto group with deep enough pockets to fund the shift to electric driving and take on bigger rivals Toyota and Volkswagen (DE:VOWG_p). It took over a year for the Italian-American and French automakers to finalise the $52 billion deal, during which...

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