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23 April
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Anglo American workers ‘fuming’ about coal mine restart after blast – union By Reuters

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MELBOURNE (Reuters) - Anglo American (LON:AAL) Plc has not kept its workers fully informed of its plans to restart an underground coal mine in Queensland following a blast that critically injured five people nearly a year ago, a union official said on Thursday. The miner reopened its Grosvenor coal mine after gaining regulatory approval on Wednesday, and has begun a staged restart, Anglo said. The mine was shut after the explosion last May, the company's second incident in 15 months in the area. "The workforce has said loud and clear that they...

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23 April
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Britain’s Prince William and Kate share new picture of son Louis By Reuters

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LONDON (Reuters) - Britain's Prince William and his wife Kate published a photograph of their youngest child Louis to mark his third birthday on Friday. The photograph was taken by Kate at Kensington Palace, the family's home in London, shortly before Louis left for his first day at a nearby nursery school. The picture showed Louis smiling on a red bicycle with a school bag strapped on his back. ...

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23 April
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French fishermen block British lorries carrying UK-landed fish By Reuters

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By Clotaire Achi and Pascal Rossignol Boulogne-sur-Mer, France (Reuters) - French trawlermen angered by the slow issuance of licenses to fish inside British waters after Brexit on Thursday blocked lorries carrying UK-landed fish as they arrived in Boulogne-sur-Mer, Europe's largest seafood processing centre. Britain's post-Brexit trade deal with the European Union allowed the bloc's fishermen to keep fishing deep into British waters, but only once they had received a license. Those licenses were expected to be issued swiftly but instead some 80% of the French fleet in the northern Hauts-de-France region, from whose coastline Britain's southern...

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23 April
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West faces a moment of reckoning over technology, UK top cyber spy says By Reuters

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LONDON (Reuters) - The West faces a moment of reckoning unless it takes profound action to ensure technologies that define its prosperity are not controlled by competitors such as China, the director of Britain's GCHQ spy agency said on Friday. Britain's spies believe that China could within decades dominate all of the key emerging technologies of this century, particularly artificial intelligence, synthetic biology and genetics. In an unusually blunt speech, GCHQ Director Jeremy Fleming said that the United Kingdom's cyber power could not be taken for granted and that the rules were changing in ways...

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23 April
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Vail Resorts Hits Record on Unexpected Demand By Investing.com

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By Christiana Sciaudone Investing.com -- Let's hit the slopes! Vail Resorts (NYSE:MTN) is rallying after the company updated guidance for the nine months through April 30, thanks to better-than-expected demand despite Covid-19 restrictions. The company now expects net income to be between $258 million and $280 million and Resort Reported Ebitda, or earnings before interest, taxes, depreciation and amortization, to be between $636 million and $650 million. That compares to a forecast in March of net income between $204 million and $247 million and Resort Reported Ebitda between $560 million and $600 million. Shares are up...

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23 April
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Jefferies Says Current Revenue Growth Estimates for Facebook Too Conservative By Investing.com

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By Dhirendra Tripathi Investing.com – Facebook (NASDAQ:FB) shares were flat Thursday but Jefferies (NYSE:JEF) said the current estimated 34% year-on-year revenue growth is too conservative. Analyst Brent Thill raised his price target to $360 from $350 earlier while retaining buy rating on the stock. Thill’s target is nearly 20% higher from the stock’s current level of $301.  The analyst believes the stock holds potential for upside surprises, citing several reasons for his optimism. According to him, advertising spending on social platforms is ahead of original plans while a reviving economy is driving companies to spend more on...

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23 April
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Chips Ahoy, Toilet Paper, Home Sales: 3 Things to Watch By Investing.com

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By Christiana Sciaudone Investing.com -- Markets tumbled after Joe Biden appeared ready to make good on his promise to hike taxes on the rich. Biden is reportedly contemplating almost doubling the capital gains tax hike up to 39.6% to fund child care and education proposals included in his so-called American Family Plan. Lower stocks came amid strong earnings, but also an apparent slowdown in the reopening. And not all countries are recovering equally: India reported a record one-day surge in cases on Thursday. Economic data has remained optimistic, with fewer people than expected filing for unemployment...

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23 April
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Dow Slumps as Bulls Scatter on Reports of Biden Tax Hike By Investing.com

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By Yasin Ebrahim Investing.com – The Dow fell sharply Thursday on reports President Biden is considering a major capital gains tax hike on the rich. The Dow Jones Industrial Average fell 0.94%, or 342 points, the S&P 500 slipped 0.92%, and the Nasdaq Composite was down 0.94%. Biden is reportedly contemplating almost doubling the capital gains tax hike up to 39.6% on higher income earner to fund child care and education proposals included in his so-called American Family Plan.  The news rattled...

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23 April
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Intel Lifts Full-Year Guidance After Earnings, Revenue Beat in Q1 By Investing.com

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By Yasin Ebrahim Intel (NASDAQ:INTC) reported on Thursday first quarter results that topped expectations, and the chip maker raised its full-year guidance, citing strong demand. Intel was down nearly 1% in after-hours trading. For the full year, the company raised its forecast on EPS to $4.60 on revenue of $77 billion, up from a prior estimates for revenue of $72 billion and EPS of $4.55 a share. Intel announced earnings per share of $1.39 on revenue of $19.67 billion. Analysts polled by Investing.com anticipated EPS of $1.14 on revenue of $17.78 billion. The beat on the...

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23 April
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Snap Pops on Q1 Results Beat as Android Users Lead Growth By Investing.com

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By Yasin Ebrahim Snap climbed in after-hours trading Tuesday after reporting results that beat analysts' estimates as a surge in users on the social media company's platform continued to attract advertising dollars.         Snap Inc (NYSE:SNAP) jumped 6% in afterhours trade.   The company reported break-even EPS, confounding expectations for a loss of $0.20 cents, while revenue of $769.6 million topped the consensus estimate of $741.78 million.   Daily active users, or DAUs, a key performance metric for social media companies, jumped 22% to 280 million for the quarter year-on-year, topping estimates of...

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