22 June

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Nasdaq Closes at Record High as Tech Shines By Investing.com

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By Yasin Ebrahim Investing.com – The Nasdaq closed at a record highs Tuesday with big tech making strong gains as Federal Reserve Chairman Jerome Powell in testimony before Congress continued to downplay fears over the sharp pace of inflation. The S&P 500 rose 0.51%, the Dow Jones Industrial Average gained 0.20%, or 68 points, and the Nasdaq Composite was up 0.79% at 14,223.27. Powell largely stuck to his prepared remarks in testimony before a House select subcommittee hearing on the Fed’s pandemic response and the economy, reiterating the rapid pace of inflation will fade and job gains...

22 June

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Polish draft bill could limit WW2 property restitution claims By Reuters

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WARSAW (Reuters) - Poland's parliament will discuss on Wednesday a bill which could make it harder for Jews to recover property seized by Nazi German occupiers and kept by postwar communist rulers, potentially straining Warsaw's relations with Israel and the United States. Poland was home to one of the world's biggest Jewish communities until it was almost entirely wiped out by the Nazis during World War Two. Jewish former property owners and their descendants have been campaigning for compensation since the fall of communism in 1989. Poland is the only EU country that has...

22 June

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‘Fortnite’ creator Epic Games touts over 500 million accounts By Reuters

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(Reuters) - "Fortnite" creator Epic Games, which is entrenched in a legal battle with Apple Inc (NASDAQ:AAPL), said on Tuesday it now has more than 500 million accounts. The videogame developer said it had 2.7 billion friend connections across "Fortnite", "Rocket League" and the Epic Games Store. The company had disclosed last year that "Fortnite" had 350 million registered users as of June 2020. Epic Games said it was also launching free voice chat and anti-cheat tools that developers can add to their games. The features will be bundled with Epic's online services suite, originally built...

22 June

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Twitter opens applications to test new content subscription features By Reuters

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By Sheila Dang (Reuters) - Twitter Inc (NYSE:TWTR) said Tuesday it will seek applications from users who want to be the first to test new content subscription and ticketing features, as the social platform works to build more ways for users to earn money. Twitter users can apply to get first access to "Super Follows," which will let them sell exclusive content to paying subscribers, and "Ticketed Spaces," to charge for entry into audio chat rooms they host on the platform. Both features are part of Twitter's plan to compete with other social media...

22 June

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Facebook expands Shops to WhatsApp, Marketplace in commerce updates By Reuters

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By Elizabeth Culliford (Reuters) -Facebook Inc is expanding its "Shops" feature to messaging app WhatsApp and to Facebook (NASDAQ:FB) Marketplace, the company said on Tuesday as it announced changes to its commerce tools. Facebook Chief Executive Mark Zuckerberg said it would also introduce personalized ads in this shopping service. The company said it would in the coming months launch an artificial intelligence tool called 'Visual Search' so users shopping on its photo-sharing site Instagram can click on items and find similar products. The social media giant is also working on augmented reality tools for shoppers...

22 June

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FTSE finishes higher, Bitcoin plunges below $30K, Brent above $75 By Investing.com

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Key Points FTSE 100 closing price of 7090.99, +0.4% Melrose gains after completing unit sale Travel & leisure sector in focus Brent breaches $75 Bitcoin plunges below $30K FX markets steady ahead of Powell By Samuel Indyk Investing.com – The FTSE 100 finished higher for the second consecutive day on Thursday but the index failed to break back above the 7,100 level. Melrose Industries (LON:MRON) was near the top of the index after it confirmed the sale of its Nortek Air Management unit and said it would return approximately £730mln to shareholders. Travel &...

22 June

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Russia-focused gold miner Nordgold postpones London IPO By Reuters

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MOSCOW (Reuters) -Russia-focused gold producer Nordgold said on Tuesday it had decided to postpone the initial public offering (IPO) of its shares on the London Stock Exchange. Nordgold, majority owned by Russian billionaire Alexei Mordashov and his two sons, was expected to offer at least 25% of its existing shares in London and Moscow, targeting a valuation of up to $5 billion. "Recent central bank comments indicating an acceleration in expected interest rate rises have created significant uncertainty and volatility in the resources sector, in particular impacting gold and gold equities," Chief Executive Nikolai Zelenski said...

22 June

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UK watchdog issues warning about 111 unregistered crypto asset firms By Reuters

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By Kirstin Ridley LONDON (Reuters) - Britain's markets watchdog said on Tuesday that more than 100 unregistered crypto asset firms posed a risk to the broader financial system and warned consumers, banks and payment services companies against dealing with them. Mark Steward, the Financial Conduct Authority's (FCA) head of enforcement and market oversight, told City & Financial's City Week event that such companies were high risk, volatile and unregulated - and 111 were operating in Britain without necessary registration. "We have a number of firms that are clearly doing business in the UK without being registered...

22 June

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U.K. shares higher at close of trade; Investing.com United Kingdom 100 up 0.42% By Investing.com

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Investing.com – U.K. equities were higher at the close on Tuesday, as gains in the Oil & Gas Producers, Insurance and Real Estate Investment Trusts REITs sectors propelled shares higher. At the close in London, the Investing.com United Kingdom 100 gained 0.42%. The biggest gainers of the session on the Investing.com United Kingdom 100 were British Land Company PLC (LON:BLND), which rose 4.72% or 23.30 points to trade at 516.80 at the close. Land Securities Group PLC (LON:LAND) added 3.19% or 21.60 points to end at 699.20 and Royal Dutch Shell PLC...

22 June

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European shares propped up by commodities, Powell speech in focus By Reuters

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By Sagarika Jaisinghani and Ambar Warrick (Reuters) - European shares settled higher on Tuesday as mining and energy stocks benefited from stable commodity prices, while investors hunkered down ahead of a speech by U.S. Federal Reserve chair Jerome Powell. The pan-European STOXX 600 closed 0.3% higher after flitting between gains through the session, with mining stocks rising 1.3% as base metal prices appeared to have stabilized from a recent plunge. [O/R] Chemical stocks rose 1.1% to a record high, as investors favoured sectors most likely to benefit from an economic recovery this year. Irish stocks...

Меню

Nasdaq Closes at Record High as Tech Shines By Investing.com

Polish draft bill could limit WW2 property restitution claims By Reuters

‘Fortnite’ creator Epic Games touts over 500 million accounts By Reuters

Twitter opens applications to test new content subscription features By Reuters

Facebook expands Shops to WhatsApp, Marketplace in commerce updates By Reuters

FTSE finishes higher, Bitcoin plunges below $30K, Brent above $75 By Investing.com

Russia-focused gold miner Nordgold postpones London IPO By Reuters

UK watchdog issues warning about 111 unregistered crypto asset firms By Reuters

U.K. shares higher at close of trade; Investing.com United Kingdom 100 up 0.42% By Investing.com

European shares propped up by commodities, Powell speech in focus By Reuters

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