24 March

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Canada shares lower at close of trade; S&P/TSX Composite down 0.84% By Investing.com

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Investing.com – Canada equities were lower at the close on Tuesday, as losses in the Energy, Healthcare and Materials sectors propelled shares lower. At the close in Toronto, the S&P/TSX Composite declined 0.84%. The biggest gainers of the session on the S&P/TSX Composite were George Weston Limited (TSX:WN), which rose 5.42% or 5.55 points to trade at 108.02 at the close....

24 March

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TSMC shares fall more than 3% after Intel’s plan to expand advanced chip capacity By Reuters

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TAIPEI (Reuters) - Shares of the world's largest contract chip manufacturer TSMC fell as much as 3% on Wednesday after Intel (NASDAQ:INTC) said it will greatly expand its advanced chip manufacturing capacity and open its factories to outside customers. The move by Intel is set to directly challenge the two companies in the world that can make the most advanced chips,...

24 March

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Britain throws weight behind NATO as bulwark against Russia By Reuters

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LONDON (Reuters) - British foreign minister Dominic Raab will throw his support behind NATO as "a strong, united, political bulwark against Moscow's de-stabilising activities", rallying allies to thwart what he said was the threat posed by Russia. Attending a meeting of the U.S.-led military alliance on Wednesday, Raab will underline Britain's assessment that Russia poses the "most acute threat" as set out...

24 March

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Asian equity futures under pressure after U.S. stocks, oil slide By Reuters

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WASHINGTON (Reuters) - Asian stocks were poised to follow Wall Street lower on Wednesday as the cost of the U.S. stimulus and infrastructure plans and new pandemic curbs limited investors' risk appetite. Hong Kong's Hang Seng index futures fell 0.2%. In Japan, Nikkei futures were 0.6% lower. Australian futures traded either side of unchanged. Small cap stocks, energy and international equities...

24 March

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British lawmakers say EU financial market access may not be worth it By Reuters

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By Huw Jones LONDON (Reuters) - The City of London may be better off staying out of the EU's financial services market as it would have to sacrifice autonomy over setting rules to win full access, a report by Britain's upper house of parliament said on Wednesday. The European Union has yet to grant Britain direct financial market access after it left...

24 March

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GameStop to Accelerate Digital Transformation; Q4 Misses Estimates By Investing.com

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By Yasin Ebrahim Investing.com -- GameStop (NYSE:GME) said it would focus on accelerating its digital transformation after reporting fourth-quarter results that fell short of Wall Street expectations. The company reported a Q4 non-GAAP EPS of $1.34 on revenue of $2.12 billion compared with consensus estimates for EPS of $1.35 on revenue of $2.21 billion. Comparable store sales grew 6.5%, compared with consensus...

24 March

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GameStop revenue shy of estimates; profits rise, shares up after hours By Reuters

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(Reuters) - GameStop Corp (NYSE:GME), the video game retailer at the center of this year's Reddit-driven trading frenzy, fell short of holiday-quarter revenue estimates on Tuesday, squeezed by pandemic-led store closures and as more gamers drifted to online puchases. Adjusted net income rose to $90.7 million, or $1.34 per share from $83.8 million, or $1.27 per share, a year earlier....

24 March

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Intel doubles down on chip manufacturing, plans $20 billion for new Arizona sites By Reuters

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By Stephen Nellis (Reuters) - Intel Corp (NASDAQ:INTC) will greatly expand its advanced chip manufacturing capacity as the new chief executive announced plans to spend as much as $20 billion to build two factories in Arizona and to open up its factories to outside customers. The move by CEO Pat Gelsinger...

24 March

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IMF staff recommends new allocation of $650 billion in emergency reserves: sources By Reuters

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By Andrea Shalal WASHINGTON (Reuters) - The staff of the International Monetary Fund has recommended a new allocation of $650 billion in the Fund's emergency reserves, or Special Drawing Rights, given a new assessment of global reserve needs, sources briefed on the issue said on Tuesday. The IMF's executive board will discuss the recommendation later Tuesday, the sources said. An assessment of...

24 March

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UK’s Johnson says vaccine success down to ‘greed’ – The Sun By Reuters

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LONDON (Reuters) - Prime Minister Boris Johnson told lawmakers on Tuesday that Britain's vaccine success was due to capitalism and greed, The Sun newspaper reported amid tensions with the European Union over supplies. "The reason we have the vaccine success is because of capitalism, because of greed my friends," The Sun newspaper quoted him as telling a group of lawmakers. Johnson's Downing...

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News

Canada shares lower at close of trade; S&P/TSX Composite down 0.84% By Investing.com

TSMC shares fall more than 3% after Intel’s plan to expand advanced chip capacity By Reuters

Britain throws weight behind NATO as bulwark against Russia By Reuters

Asian equity futures under pressure after U.S. stocks, oil slide By Reuters

British lawmakers say EU financial market access may not be worth it By Reuters

GameStop to Accelerate Digital Transformation; Q4 Misses Estimates By Investing.com

GameStop revenue shy of estimates; profits rise, shares up after hours By Reuters

Intel doubles down on chip manufacturing, plans $20 billion for new Arizona sites By Reuters

IMF staff recommends new allocation of $650 billion in emergency reserves: sources By Reuters

UK’s Johnson says vaccine success down to ‘greed’ – The Sun By Reuters

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