14 April

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U.K. shares lower at close of trade; Investing.com United Kingdom 100 unchanged By Investing.com

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Investing.com – U.K. equities were lower at the close on Tuesday, as in the sectors propelled shares . At the close in London, the Investing.com United Kingdom 100 unchanged 0.00%. The biggest gainers of the session on the Investing.com United Kingdom 100 were Bank VTB PAO DRC (LON:VTBRq), which rose 4.21% or 0.046 points to trade at 1.138 at the close. Auto Trader Group Plc (LON:AUTOA) added 3.47% or 19.80 points to end at 590.40 and Rightmove PLC (LON:RMV) was up 2.70% or 16.20 points to 616.80 in late trade. Biggest losers...

14 April

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Queen Elizabeth returns to royal duties four days after her husband’s death – PA Media By Reuters

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(Reuters) - Britain's Queen Elizabeth returned to royal duties on Tuesday, four days after the death of her husband, Prince Philip, in an event to mark the retirement of her household's most senior official, PA Media reported. The queen hosted a ceremony as the Earl Peel stepped down as Lord Chamberlain, the report added. Philip, who had been at the queen's side throughout her 69-year reign, died at Windsor Castle on Friday, aged 99. His funeral will be held on Saturday. The Duke of Edinburgh, as he was officially known, married Elizabeth in 1947. In recent...

14 April

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Bank Earnings, Coinbase, Beige Book: 3 Things to Watch By Investing.com

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By Christiana Sciaudone Investing.com -- It was all about the Johnson & Johnson (NYSE:JNJ) vaccine pause on Tuesday, and Coinbase's imminent initial public offering. Bitcoin hit a record ahead of the listing as excitement spreads for the world of cryptocurrency. Reopening trades took a hit after U.S. health authorities halted the use of the J&J Covid-19 vaccine after reports that six recipients experienced rare blood clotting. But the Food and Drug Administration said the probe into the blood clots is expected to last for "a matter of days," they haven't seen the blood clots from recipients...

14 April

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S&P 500 Closes at Record as Bulls Sidestep Vaccine Ahead of Earnings By Investing.com

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By Yasin Ebrahim Investing.com – The S&P 500 closed at record highs on Tuesday, shrugging off a vaccine setback as reopening stocks cut some losses and tech rallied ahead of the start of quarterly earnings season. The S&P 500 rose 0.33%, to a close at a record high of 4,141.59, the Dow Jones Industrial Average fell 0.2%, or 68 points, but had been down more than 100 points intraday, and the Nasdaq Composite was up 1.05%. U.S. health authorities halted the use of Johnson & Johnson (NYSE:JNJ)'s Covid-19 vaccine after reports that recipients experienced rare blood clotting within...

14 April

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Exclusive: Biden administration proceeding with $23 billion weapon sales to UAE By Reuters

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WASHINGTON (Reuters) - U.S. President Joe Biden's administration has told Congress it is proceeding with $23 billion in weapons sales to the United Arab Emirates, including advanced F-35 aircraft, armed drones and other equipment, congressional aides said on Tuesday. A State Department spokesperson said the administration intended to move forward with the proposed sales to the UAE, "even as we continue reviewing details and consulting with Emirati officials" related to the use of the weapons. The Democratic president's administration had paused the deals agreed to by former Republican President Donald Trump in order to review them....

14 April

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Britain to withdraw nearly all its troops from Afghanistan – The Times By Reuters

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(Reuters) - Britain will withdraw nearly all its troops from Afghanistan following the U.S. plan to withdraw its troops by Sept. 11, 2021, The Times reported on Tuesday. Britain has drawn up plans to hand over control of the academy in Kabul where troops help to train Afghan soldiers to the government, the newspaper said. There are about 750 British soldiers in Afghanistan who would struggle without U.S. support because of the reliance on U.S. bases and infrastructure, according to the Times. ...

14 April

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Ford, GM among Michigan companies opposing Republican-backed voting limits By Reuters

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By Joseph Ax (Reuters) - The top executives of more than three dozen Michigan-based companies, including General Motors Co (NYSE:GM) and Ford Motor (NYSE:F) Co, on Tuesday issued a joint statement opposing Republican-backed legislation to restrict voting. The move appeared to be pre-emptive, after Georgia companies such as Coca-Cola (NYSE:KO) Co and Delta Air Lines Inc (NYSE:DAL) endured public backlash for failing to take a stronger stance before that state enacted a raft of voting limits last month. "Government must avoid actions that reduce participation in elections - particularly among historically disenfranchised communities," the statement,...

14 April

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SAP nudges up 2021 revenue outlook after cloud gains in first-quarter By Reuters

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BERLIN (Reuters) - German software group SAP on Tuesday nudged its outlook for 2021 revenue higher after reporting first-quarter results showing gains in cloud sales following the launch of a new business transformation initiative. SAP said it now expected cloud and software revenue this year of 23.4-23.8 billion euros ($28-$28.4 billion) at constant currency, up by 100 million euros from prior guidance and a rise of 1%-2% year-on-year. Its forecast for adjusted annual operating profit was unchanged at 7.8-8.2 billion euros, representing a decline of 1%-6% from last year's outturn. The company, based in Walldorf, pre-released...

14 April

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Oil Inventories Fell by 3.6M Barrels Last Week: API By Investing.com

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By Yasin Ebrahim U.S. crude stockpiles fell last week, but product gasoline inventories increased for a second-straight week to add further uncertainty on the outlook for product demand at time when a vaccine setback has clouded optimism over the reopening. West Texas Intermediate, the benchmark for U.S. crude prices, rose $0.69 a barrel on the news, after settling up $0.48 at $60.18 a barrel. U.S. crude inventories fell by 3.6 million barrels for the week ended April 8, according to an estimate released Tuesday by the American Petroleum Institute. That compared with a...

14 April

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Coinbase reference price set at $250 per share ahead of Nasdaq debut By Reuters

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NEW YORK (Reuters) - Nasdaq on Tuesday set a reference price of $250 per share for Coinbase Global Inc, projecting a value for the largest U.S. cryptocurrency exchange at $49.19 billion ahead of its landmark stock market debut on Wednesday. The reference price is not an offering price for investors to purchase shares, but rather a benchmark for performance when the stock starts trading on the Nasdaq stock exchange on Wednesday. ...

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U.K. shares lower at close of trade; Investing.com United Kingdom 100 unchanged By Investing.com

Queen Elizabeth returns to royal duties four days after her husband’s death – PA Media By Reuters

Bank Earnings, Coinbase, Beige Book: 3 Things to Watch By Investing.com

S&P 500 Closes at Record as Bulls Sidestep Vaccine Ahead of Earnings By Investing.com

Exclusive: Biden administration proceeding with $23 billion weapon sales to UAE By Reuters

Britain to withdraw nearly all its troops from Afghanistan – The Times By Reuters

Ford, GM among Michigan companies opposing Republican-backed voting limits By Reuters

SAP nudges up 2021 revenue outlook after cloud gains in first-quarter By Reuters

Oil Inventories Fell by 3.6M Barrels Last Week: API By Investing.com

Coinbase reference price set at $250 per share ahead of Nasdaq debut By Reuters

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