25 February

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StanChart restores dividend, reaffirms targets as COVID-19 halves profit By Reuters

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By Alun John and Lawrence White HONG KONG/LONDON (Reuters) - Standard Chartered PLC (L:STAN) on Thursday restored its dividend and reaffirmed its long-term profit goals, in a show of confidence about its ability to recover from the impact of the COVID-19 pandemic even as its annual profit more than halved. StanChart, noted however, that overall income in 2021 is...

25 February

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European stocks set for record highs in 2021 – Reuters poll By Reuters

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By Julien Ponthus and Danilo Masoni LONDON/MILAN (Reuters) - A rebound in corporate profits is expected to send European stocks to record highs by the end of 2021, a year during which massive fiscal and monetary stimulus and COVID-19 vaccines will back the recovery of the continent's economy. A Reuters poll of 24 fund managers, strategists and brokers surveyed over the past...

25 February

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GameStop rallies again; some puzzle over ice cream cone tweet By Reuters

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By David Randall, Sinéad Carew and Krystal Hu NEW YORK (Reuters) - GameStop Corp (NYSE:GME) shares more than doubled in afternoon trading on Wednesday, surprising those who thought the video game retailer's stock price would stabilize after a fierce rally and steep dive that upended Wall Street in January. The shares soared nearly 104% during the session in which...

25 February

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Asian open higher as Fed’s Powell nixes inflation fears By Reuters

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By Echo Wang MIAMI (Reuters) - Asian stocks perked up on Thursday after U.S. Federal Reserve Chair Jerome Powell reaffirmed interest rates would stay low, calming market fears that higher inflation might prompt the central bank to tighten the monetary spigot. "The dovish influence from the Fed is going to continue to resonate over in Asia. That's really good for emerging market...

25 February

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Aviva pushes back bid deadline for Polish unit over Santander contract – sources By Reuters

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By Pamela Barbaglia and Stephen Jewkes LONDON (Reuters) - Aviva (LON:AV) has pushed back the deadline for final offers for its Polish operations to late March as the British insurer is still haggling with Spanish lender Santander (MC:SAN) over the renewal of a key distribution agreement in Poland, sources told Reuters. Three bidders, including Dutch insurer NN Group and Italy's...

25 February

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Australian parliament passes news media bargaining code By Reuters

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SYDNEY (Reuters) - The Australian parliament on Thursday passed a news media and digital platforms mandatory bargaining code that will make it compulsory for Alphabet (NASDAQ:GOOGL) Inc's Google and Facebook Inc (NASDAQ:FB) to pay media companies for content. The code will be reviewed within one year of its commencement, Treasurer Josh Frydenberg and Communications Minister Paul Fletcher said in a...

25 February

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Analysis: Central banks say no tapering. Markets are not buying it By Reuters

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By Sujata Rao, Dhara Ranasinghe and Kate Duguid LONDON/NEW YORK (Reuters) - Central bankers worldwide have been unequivocal: There are no plans to cut back on money-printing any time soon, let alone raise interest rates. Markets do not seem to be buying it. U.S. 10-year Treasury yields rose on Wednesday to...

25 February

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English survey finds high antibody levels from Pfizer vaccine roll-out By Reuters

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LONDON (Reuters) - People in England who have received two doses of Pfizer (NYSE:PFE) COVID-19 vaccine are generating strong antibody responses as the shot is rolled out, researchers said on Thursday, adding that confidence in vaccines was high. An Imperial College London survey showed 87.9% of people over the age of 80 tested positive for antibodies after two doses...

25 February

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UK needs 100 billion pound push from Sunak’s budget, think tank says By Reuters

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By Andy Bruce LONDON (Reuters) - British finance minister Rishi Sunak should follow the lead of the United States by announcing a 100 billion pound stimulus push in next week's budget to fuel an economic recovery from the COVID-19 pandemic, a think tank said on Thursday. Sunak, who is due to announce a new budget plan on March 3, has already racked...

25 February

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Charlie Munger, Q4 GDP, Disney: 3 Things to Watch By Investing.com

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By Liz Moyer Investing.com -- Stocks surged again as travel companies and chipmakers got a boost from rising optimism about the reopening trade. Good news on the vaccine front may account for part of the gains. The Food and Drug Administration, which is going to vote to authorize emergency use for Johnson & Johnson (NYSE:JNJ)’s Covid vaccine later this week, said the single shot...

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StanChart restores dividend, reaffirms targets as COVID-19 halves profit By Reuters

European stocks set for record highs in 2021 – Reuters poll By Reuters

GameStop rallies again; some puzzle over ice cream cone tweet By Reuters

Asian open higher as Fed’s Powell nixes inflation fears By Reuters

Aviva pushes back bid deadline for Polish unit over Santander contract – sources By Reuters

Australian parliament passes news media bargaining code By Reuters

Analysis: Central banks say no tapering. Markets are not buying it By Reuters

English survey finds high antibody levels from Pfizer vaccine roll-out By Reuters

UK needs 100 billion pound push from Sunak’s budget, think tank says By Reuters

Charlie Munger, Q4 GDP, Disney: 3 Things to Watch By Investing.com

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