By Joshua Franklin (Reuters) - Airbnb Inc has plans to raise the target price range for its initial public offering (IPO) to between $56 and $60 per share, underscoring demand for new U.S. stocks, a person familiar with the matter said on Sunday. The U.S. home rental firm had on Tuesday set...
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(Reuters) - Bank of England Chief Economist Andy Haldane said consumer spending has come back at a "real pace" in the UK as coronavirus-related restrictions were loosened last week and Christmas shoppers returned to high streets. "Households have shown unbelievable resilience," Haldane said in an interview with Daily Mail published on Monday. ...
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By Swati Pandey SYDNEY (Reuters) - A gauge of Asian shares hit a record peak on Monday on hopes of a much-needed U.S. stimulus package before year-end just as coronavirus vaccines roll out, while oil prices hovered near their highest since March. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.2% to 643.1 points, on track for its fifth straight session...
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By Kanishka Singh (Reuters) - Alphabet (NASDAQ:GOOGL) Inc's Google said on Sunday it has removed a number of browser extensions of online conglomerate IAC/InterActive Corp for "policy violations" and is reviewing "enforcement options." "We continue to have conversations with IAC related to Chrome Web Store policies and we have already removed a number of their extensions for violating our policies", a Google...
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(Reuters) - Mastercard (NYSE:MA) Inc said on Sunday it was investigating allegations against Pornhub.com following a newspaper column which said many videos posted on the adult website depicted child abuse. The New York Times column, written by Nicholas Kristof, described videos on Pornhub that the author said were recordings of assaults on unconscious...
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BERLIN (Reuters) - Rubin Ritter, who has been co-chief executive of German online fashion company Zalando since 2010, will step down next year, leaving Robert Gentz and David Schneider to continue to lead the company as co-CEOs. Founded in Berlin by Gentz and Schneider in 2008, Zalando has quickly grown to become Europe's...
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By Yuka Obayashi TOKYO (Reuters) - Nippon Steel Corp is planning to raise output capacity in overseas markets such as India and the United States and reduce it in Japan to align with future demand levels, a company executive said. "Our imminent task is to improve our overseas profits by capitalising on recovering global demand from automobiles," Executive Vice President Katsuhiro...
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BRUSSELS (Reuters) - A new EU-UK trade agreement will "definitely" not come together on Sunday night, an official with the bloc said, adding that three most contentious issues remained unresolved. Some reports on Sunday afternoon said agreeing fishing quotas and access for EU vessels to UK waters from 2021 was almost done but the official said that was not the case....
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LONDON (Reuters) - The family of Roald Dahl, late author of children's classics such as "Charlie and the Chocolate Factory", has apologised for anti-Semitic remarks he made, saying the comments were "incomprehensible to us". The British author, who died in 1990 aged 74, remains popular with young readers around the world and several of his books such as "The BFG", "Matilda", "Fantastic...
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WARSAW (Reuters) - Nobody other than the prime minister should communicate Poland's position on its European Union budget veto, the president's chief of staff said in an interview published on Sunday, amid conflicting signals from members of government on the issue. Poland and Hungary are blocking the EU's 1.8 trillion euro (£1.6 trillion ) 2021-2027 budget and recovery fund over a proposal...
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