13 January

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World Bank’s Malpass hammers private sector to back debt reduction push By Reuters

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By David Lawder and Andrea Shalal WASHINGTON (Reuters) - World Bank President David Malpass urged private sector creditors to finally step up and help poor countries deal with the economic and health crises unleashed by the COVID-19 pandemic and stop collecting funds urgently needed elsewhere. Malpass told the Reuters Next conference on Wednesday that interest rate reductions could play a big role...

13 January

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Schumer Asks Biden to Push for More Than $1.3 Trillion Stimulus By Bloomberg

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(Bloomberg) -- Incoming Senate Majority Leader Chuck Schumer has pressed President-elect Joe Biden to propose more than $1.3 trillion in spending for his initial round of Covid-19 relief, according to a person familiar with the matter. The two have discussed Biden’s plans ahead of the president-elect’s announcement on Thursday about his economic-rebuilding proposals, the...

13 January

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StanChart investment banking head emerges as top contender for CEO – FT By Reuters

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(Reuters) - Standard Chartered (LON:STAN) Plc's investment banking head Simon Cooper has emerged as the internal contender to replace Chief Executive Officer Bill Winters, the Financial Times reported on Wednesday, citing people familiar with the matter. Cooper is now the "heir apparent" after the outperformance of his advisory and trading unit last year during the COVID-19 pandemic, the report...

13 January

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Canada shares lower at close of trade; S&P/TSX Composite down 0.10% By Investing.com

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Investing.com – Canada equities were lower at the close on Wednesday, as losses in the Consumer Staples, Materials and Energy sectors propelled shares lower. At the close in Toronto, the S&P/TSX Composite declined 0.10%. The biggest gainers of the session on the S&P/TSX Composite were Cronos Group Inc (TSX:CRON), which rose 9.59% or 1.19 points to trade at 13.60 at the...

13 January

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Equinor, BP win New York contracts for offshore wind power By Reuters

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OSLO (Reuters) - Norwegian energy major Equinor has won a contract to supply offshore wind to the U.S. state of New York from the planned Empire Wind 2 and Beacon Wind 1 projects, the company said in a statement on Wednesday. Operator Equinor announced in October it was bidding for the two projects,...

13 January

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Google to pause all political ads from January 14 By Reuters

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By Elizabeth Culliford (Reuters) - Alphabet (NASDAQ:GOOGL) Inc's Google will pause political ads on all of its platforms starting Jan. 14, following last week's violence at the U.S. Capitol, according to an email to advertisers seen by Reuters. The email said the action was taken "following the unprecedented events of the past week and ahead of the upcoming presidential inauguration." It...

13 January

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UK reports new daily high of 1,564 COVID-19 deaths, second wave now more deadly By Reuters

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LONDON (Reuters) - Britain reported 1,564 new deaths within 28 days of a positive test for COVID-19 on Wednesday, a record daily toll, meaning more have died in the second wave of the pandemic than the first wave last year, a health official said. The reported daily number of deaths exceeded the 1,325...

13 January

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Exclusive: Facebook tracking a rise in violent rhetoric tied to U.S. presidential inauguration By Reuters

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By Katie Paul PALO ALTO (Reuters) - Facebook Inc (NASDAQ:FB) has seen an increase in signals indicating potential future acts of violence associated with efforts to contest the result of the U.S. presidential election since the Capitol siege last week, a company spokeswoman told Reuters. The spokeswoman, who asked not...

13 January

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Signal to ramp up hiring after WhatsApp controversy drives download surge By Reuters

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By Munsif Vengattil and Eva Mathews (Reuters) - Messaging app Signal has seen "unprecedented" growth following a controversial change in rival WhatsApp's privacy terms and is looking to hire more staff as it seeks to bolster the service and supporting infrastructure, the head of its controlling foundation said on Wednesday. Along with another...

13 January

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Chewy Jumps as We Sprinkle Our Pets With Love By Investing.com

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By Christiana Sciaudone Investing.com -- Chewy (NYSE:CHWY)'s up 7% as we thank our mutts for their unconditional love. Credit Suisse (SIX:CSGN) bumped its price target on the online pet supplier to $121 from $104 after hosting investor meetings with the chief executive and financial officers. The firm maintained a buy-equivalent rating on the stock. Management emphasized accelerated shifts toward...

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World Bank’s Malpass hammers private sector to back debt reduction push By Reuters

Schumer Asks Biden to Push for More Than $1.3 Trillion Stimulus By Bloomberg

StanChart investment banking head emerges as top contender for CEO – FT By Reuters

Canada shares lower at close of trade; S&P/TSX Composite down 0.10% By Investing.com

Equinor, BP win New York contracts for offshore wind power By Reuters

Google to pause all political ads from January 14 By Reuters

UK reports new daily high of 1,564 COVID-19 deaths, second wave now more deadly By Reuters

Exclusive: Facebook tracking a rise in violent rhetoric tied to U.S. presidential inauguration By Reuters

Signal to ramp up hiring after WhatsApp controversy drives download surge By Reuters

Chewy Jumps as We Sprinkle Our Pets With Love By Investing.com

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