28 June

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Beachbody Bounces in Trading Debut on At-Home Wellness Boom By Investing.com

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By Christiana Sciaudone Investing.com-- Beachbody jumped more than 7% in its trading debut today, proving that at-home fitness isn’t stuck in the days of the pandemic. The fitness and nutrition company went public through a reverse merger with special purpose acquisition company Forest Road Acquisition Corp., and Myx Fitness Holdings, a Peloton (NASDAQ:PTON) rival. Like the popular maker of stationary bikes and streaming exercise videos, Beachbody is aiming to grow its own at-home audience of wellness enthusiasts even though people are free to return to gyms. "Once you get a taste of that convenience, you don't...

28 June

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Qualcomm to work with more than 40 companies on faster 5G variant By Reuters

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By Stephen Nellis (Reuters) -Qualcomm Inc said on Monday it expects to work with more than 40 carriers and telecommunications gear providers that have committed to using the faster variant of 5G networking technology. Fifth-generation networks use a combination of technologies. The lower frequency version, called "sub-6" by industry insiders, travels well over long distances but is only somewhat faster that previous networks. The fastest version uses higher frequencies and is called "millimeter wave" by Qualcomm (NASDAQ:QCOM), the world's biggest supplier of wireless data chips for smart phones. Different carriers brand it with their own trade...

28 June

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S&P 500 Flat After Hitting Record as Energy Slumps By Investing.com

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By Yasin Ebrahim Investing.com – The S&P 500 was flat Monday after hitting fresh record highs as gains in tech were offset by an oil-led slump in energy ahead of a meeting by major oil producing nations later this week. The S&P 500 fell 0.1% after hitting a record high of 4,287.90. The Dow Jones Industrial Average slipped 0.62%, or 212 points, the Nasdaq was up 0.60%. Energy slipped more than 3% as oil prices came under pressure ahead of the OPEC meeting Thursday. Major oil producers are expected to decide to increase production by 500,000...

28 June

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Energy, financials drag FTSE 100 lower; Burberry tumbles By Reuters

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By Devik Jain and Amal S (Reuters) -London's FTSE 100 marked its worst day in over a week on Monday, dragged down by losses in heavyweight energy and financial stocks, while Burberry slipped to the bottom of the index after the resignation of its chief executive. The blue-chip index fell 0.9%, with Burberry tumbling 8.7% after the luxury group said its CEO Marco Gobbetti would step down to take up another opportunity in his native Italy.. Oil majors BP (LON:BP) and Royal Dutch Shell (LON:RDSa) fell 3.2% and 3.3% respectively, tracking weaker crude. [O/R]...

28 June

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European stocks deepen losses, airlines slump on UK travel ban woes By Reuters

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By Sagarika Jaisinghani and Ambar Warrick (Reuters) - European shares ended lower on Monday, with travel stocks leading losses on concerns over bans on British tourists, while a spike in Asian COVID-19 infections hit crude prices and saw energy stocks tumble more than 2%. The pan-European STOXX 600 ended 0.6% lower, with the travel and leisure index down 4.4% to a one-month low. The Times reported that Germany was considering a ban on British travellers to the European Union, regardless of their vaccination status, because of the highly contagious, widespread Delta variant of the...

28 June

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ECB hawks and doves spar as tapering debate fires up By Reuters

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FRANKFURT (Reuters) - European Central Bank policymakers on Monday started a public debate about ending emergency bond purchases launched at the start of the coronavirus pandemic last year, with faultlines already emerging between so-called hawks and doves. Germany's Jens Weidmann and Austria's Robert Holzmann became the first ECB rate-setters to openly debate the prospect of winding down its 1.85 trillion euro Pandemic Emergency Purchase Programme (PEPP) as the economy improves. Both central bank governors are outspoken "hawks" who favour tighter monetary policy to keep inflation in check. "In my opinion, (2022) would no longer...

28 June

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Freed Catalan separatist leader says no quid pro quo to pardons By Reuters

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By Joan Faus BARCELONA (Reuters) - The pardons of jailed Catalan separatist leaders does not guarantee automatic support for the Spanish government's 2022 budget, Oriol Junqueras, the most prominent of the freed politicians, said on Monday. Junqueras told Reuters there was no quid pro quo associated with the pardons since his leftist separatist party Esquerra Republicana de Catalunya had not requested them. Esquerra's support is crucial for Prime Minister Pedro Sanchez budget plan. However, Junqueras said it would not back it as result of the pardons but only if it brings benefits to...

28 June

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United Airlines closes in on $30 billion post-pandemic jet order By Reuters

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By Tim Hepher, Tracy Rucinski and Eric M. Johnson (Reuters) - United Airlines was putting the finishing touches on Monday to an airplane order potentially worth $30 billion at list values for up to 270 narrowbody jets in a bid to secure a pandemic recovery at favourable prices, industry sources said. The order could include up to 200 Boeing (NYSE:BA) 737 MAX and some 70 Airbus A321neo which competes with the top end of the MAX family for single-aisle trips needing most range. Such a deal would notionally be worth $33 billion at the most recently...

28 June

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AstraZeneca’s India vaccine partner seeking EU travel resolution By Reuters

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By Uday Sampath Kumar and Ankur Banerjee BENGALURU (Reuters) - Serum Institute of India CEO Adar Poonawalla said on Monday he was trying to resolve EU travel problems facing Indians who have been inoculated with SII's licensed version of AstraZeneca (NASDAQ:AZN)'s COVID-19 vaccine. A European Union vaccine passport programme will allow people to travel freely within the bloc from July 1, as long as they have had one of four Western-made vaccines. While this includes the AstraZeneca shot, it does not extend to Covishield, the Indian version produced by SII. "I have taken this up at...

28 June

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UK queen visits Irn-Bru factory, Prince William tastes the ‘girders’ By Reuters

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LONDON (Reuters) - Britain's Queen Elizabeth kicked off a week of engagements in Scotland on Monday with a visit to the factory where they make the country's favourite soft drink, Irn-Bru. The 95-year-old monarch was joined by grandson Prince William for her first visit to Scotland since the death of her husband of seven decades Prince Philip in April. The royal duo visited an AG Barr factory in Cumbernauld to officially open a new processing facility at a factory making Irn-Bru, the luminous orange fizzy drink which is more popular among Scots than Coca Cola....

Меню

Beachbody Bounces in Trading Debut on At-Home Wellness Boom By Investing.com

Qualcomm to work with more than 40 companies on faster 5G variant By Reuters

S&P 500 Flat After Hitting Record as Energy Slumps By Investing.com

Energy, financials drag FTSE 100 lower; Burberry tumbles By Reuters

European stocks deepen losses, airlines slump on UK travel ban woes By Reuters

ECB hawks and doves spar as tapering debate fires up By Reuters

Freed Catalan separatist leader says no quid pro quo to pardons By Reuters

United Airlines closes in on $30 billion post-pandemic jet order By Reuters

AstraZeneca’s India vaccine partner seeking EU travel resolution By Reuters

UK queen visits Irn-Bru factory, Prince William tastes the ‘girders’ By Reuters

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