23 March

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U.S. 10-Year Yield Drifts Lower After Fed’s Kaplan Says 2% in Sight By Investing.com

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By Dhirendra Tripathi Investing.com – The yields on U.S. Treasury bonds moved lower on Tuesday despite comments from Dallas Federal Reserve Bank President Robert Kaplan that he expects rates to rise. While inflation is not a problem, he said on CNBC, the central bank could lift rates before the end of next year. Kaplan also said he sees the 10-year Treasury rising to...

23 March

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Banksy NHS tribute sells for record $20 million at auction By Reuters

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LONDON (Reuters) - A Banksy painting showing a young boy playing with a toy nurse as a superhero rather than Batman or Spider-Man sold for more than $20 million on Tuesday, setting an auction record for the elusive British street artist. "Game Changer", which was unveiled last May at University Hospital Southampton, paid tribute to the frontline workers of Britain's National Health...

23 March

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UK government moves to compel Northern Ireland to expand abortion services By Reuters

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By Reuters Staff LONDON (Reuters) - The British government published legislation on Tuesday to hand it powers to compel Northern Ireland to implement more liberal abortion services, despite opposition from the region's first minister and health minister. Britain's parliament voted in 2019 to legalise abortion in Northern Ireland, allowing terminations without restriction up to 12 weeks and with no time limit...

23 March

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Snowflake Rises After UBS Says Buy, Citing Growth Prospects By Investing.com

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By Dhirendra Tripathi Investing.com – Snowflake (NYSE:SNOW) shares rose 2.5% in Tuesday’s trade following a buy rating from UBS that pegged their target price at $275. UBS (NYSE:UBS) has initiated coverage of the stock with a target that’s 22% higher than its current levels. StreetInsider quoted UBS analyst Karl Keirstead as saying that they spoke with 12 Snowflake customers to sharpen their view...

23 March

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Prince Harry to be chief impact officer at mental health firm BetterUp By Reuters

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(Reuters) - Britain's Prince Harry will become the first chief impact officer of BetterUp Inc, a San Francisco-based firm that provides employee coaching and mental health assistance, the company said on Tuesday. The move comes about a month after Buckingham Palace announced Harry, Queen Elizabeth's grandson, and his American wife Meghan had made a final split with the royal family, and would...

23 March

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GameStop Falls As One More Senior Exec Decides To Leave By Investing.com

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By Dhirendra Tripathi Investing.com – GameStop (NYSE:GME) shares, a favorite of Robinhood traders, fell more than 4% in Tuesday’s trade on news that another senior executive was ready to leave the company. March 31 will be the last day for the brick-and-mortar retailer’s chief customer officer Frank Hamlin. The company’s chief financial officer Jim Bell earlier announced plans to step down. The exits...

23 March

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Norway blocks Rolls-Royce’s plan to sell engine maker to Russia By Reuters

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By Terje Solsvik OSLO (Reuters) - Norway will block Rolls-Royce (LON:RR) from selling a Norwegian maritime engine maker to a Russian company on national security grounds, its justice minister told parliament on Tuesday. Based on Norway's west coast, and owned by Britain's Rolls-Royce for more than 20 years, Bergen Engines supplies NATO member Norway's navy as well as the global shipping industry....

23 March

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Amazon to cut Deliveroo stake to 11.5% in London IPO By Reuters

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By Abhinav Ramnarayan LONDON (Reuters) - Amazon.com (NASDAQ:AMZN) is to cut its stake in Deliveroo to 11.5% from 15.8% when the British food delivery company goes public via an initial public offering, its IPO prospectus said. Deliveroo this week began roadshows for its London IPO and set a price range of between 3.90 and 4.60 pounds per share, giving it a...

23 March

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Kingswood Acquisition SPAC to reportedly buy UK’s Lombard By Investing.com

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By Samuel Indyk Investing.com – Kingswood Acquisition Corp (NYSE:KWAC_u), a US-listed blank cheque company, has reportedly signed a letter of intent to acquire UK wealth management company Lombard, according to Sky News. The deal would be one of the first involving a US-listed Special Purpose Acquisition Company (SPAC) and a UK financial services company. About Kingswood Kingswood Acquisition is sponsored by...

23 March

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UK health minister says mistakes were made, one year on from first COVID lockdown By Reuters

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LONDON (Reuters) - Mistakes were made in the original response to the coronavirus pandemic, health minister Matt Hancock said on Tuesday one year on from the first COVID-19 lockdown in England, adding there would be a time for an inquiry into the government's response. "We've actively admitted that things weren't right. One...

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U.S. 10-Year Yield Drifts Lower After Fed’s Kaplan Says 2% in Sight By Investing.com

Banksy NHS tribute sells for record $20 million at auction By Reuters

UK government moves to compel Northern Ireland to expand abortion services By Reuters

Snowflake Rises After UBS Says Buy, Citing Growth Prospects By Investing.com

Prince Harry to be chief impact officer at mental health firm BetterUp By Reuters

GameStop Falls As One More Senior Exec Decides To Leave By Investing.com

Norway blocks Rolls-Royce’s plan to sell engine maker to Russia By Reuters

Amazon to cut Deliveroo stake to 11.5% in London IPO By Reuters

Kingswood Acquisition SPAC to reportedly buy UK’s Lombard By Investing.com

UK health minister says mistakes were made, one year on from first COVID lockdown By Reuters

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