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09 January
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UK’s Barratt benefits as housing market rises from COVID-19 lows By Reuters

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By Yadarisa Shabong and Priyanshi Mandhan (Reuters) - Britain's biggest housebuilder Barratt Developments (LON:BDEV) raised its annual volume forecast on Friday and said it could resume dividend payments next month, after a rebound in demand from COVID-19 disruption drove a solid first-half performance. Shares in the FTSE 100 company, which operates...

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09 January
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Audi to phase out combustion engines in 10-15 years – WirtschaftsWoche By Reuters

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BERLIN (Reuters) - Volkswagen (DE:VOWG_p)'s premium carmaker Audi aims to phase out combustion engines and offer only electric cars in 10 to 15 years, at the latest, German weekly WirtschaftsWoche reported, citing no sources. The company is currently working on a concrete time plan and expects to have target dates in the coming months for the phase-out at individual plants, it said....

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09 January
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Twitter permanently suspends Trump’s account, cites ‘incitement of violence’ risk By Reuters

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By Elizabeth Culliford, David Shepardson and Katie Paul WASHINGTON/NEW YORK (Reuters) - Twitter Inc (NYSE:TWTR) said on Friday that it has permanently suspended U.S. President Donald Trump's account due to the risk of further incitement of violence following the storming of the U.S. Capitol on Wednesday by hundreds of his supporters. The move to suspend Trump's account, which had more...

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09 January
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Tesla launches cheaper variant of Model Y SUV By Reuters

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(Reuters) - Tesla Inc launched a cheaper variant of the Model Y, bringing its sports utility vehicle's price closer to that of its Model 3 sedan, the electric-car maker's least expensive car. The new standard range Model Y is priced at $41,990, only $4,000 more than the entry level Model 3, according to the company's website. (www.tesla.com/modely) Shares of the carmaker, which...

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09 January
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Publicis shares jump 7% on M&A chatter By Reuters

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LONDON/PARIS (Reuters) - Shares in French advertising group Publicis jumped as much as 7% on Friday afternoon after the British trade publication Campaign reported on its website that the French group had held talks with a potential private equity investor. Traders told Reuters the article had triggered the sharp gains of Publicis' stock. At 1357 GMT, Publicis' shares were trading up...

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09 January
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Twitter shares down over 2% in after-hours trading after Trump suspension By Reuters

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By Ira Iosebashvili NEW YORK (Reuters) - Shares of Twitter were down more than 2% in after-hours trading, moving lower after the company said it was permanently suspending U.S. President Donald Trump’s account due to the risk of further incitement of violence. Shares of the stock recently traded at $50.20, down 2.4% from the closing price. On Wednesday, Twitter temporarily blocked...

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09 January
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Biden to unveil trillions in pandemic economic relief spending next week By Reuters

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By Trevor Hunnicutt WILMINGTON, Del. (Reuters) - U.S. President-elect Joe Biden said Americans need more economic relief from the coronavirus pandemic now and that he will deliver a plan costing "trillions" of dollars next week. Biden, introducing several members of his economic team, spoke on Friday after data showed the U.S. economy lost jobs for the first time in eight months in...

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09 January
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Signal, Telegram see demand spike as new WhatsApp terms stir debate By Reuters

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(Reuters) - Signal and Telegram messaging apps are seeing a sudden increase in demand after larger rival WhatsApp's updated terms of service raised eyebrows on social media. WhatsApp, which uses Signal's encryption technology, laid out fresh terms on Wednesday, asking users to agree to let owner Facebook Inc (NASDAQ:FB) and its subsidiaries collect user data, including their phone number and...

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09 January
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Post-Vaccine Travel to Boost TripAdvisor: Deutsche By Investing.com

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By Christiana Sciaudone Investing.com -- TripAdvisor (NASDAQ:TRIP) rallied 7% after Deutsche Bank (DE:DBKGn) called it a player in the post-vaccine travel recovery. Deutsche added a short-term buy to the stock and reiterated its long-term hold rating, CNBC Pro reported.  The positive take is  a result of the direct exposure to a post-vaccine travel recovery later this year, substantial fixed...

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09 January
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Dow Sets New Record Again on Hopes for Biden Bounce By Investing.com

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By Yasin Ebrahim Investing.com – The Dow closed at a record high Friday, after staging a comeback as President-elect Joe Biden talked up his spending-fueled plans to boost the recovery at a time when the virus continues to spread.       The Dow Jones Industrial Average rose 0.18%, or 56 points. The S&P 500 was up 0.55%, while the Nasdaq Composite added 1.03%...

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