02 April

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Exclusive: Athene to take over $2.8 billion in J.C. Penney pension obligations By Reuters

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By Joshua Franklin (Reuters) - J.C. Penney Co Inc said on Thursday it has agreed to transfer its pension obligations to annuities provider Athene Holding Ltd, ensuring that the U.S. department store chain's retired employees will continue to get their benefits. J.C. Penney, which said in December that it would seek to exit bankruptcy protection sometime this year, will not receive...

02 April

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Microsoft says investigating issues with Microsoft 365 services and features By Reuters

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(Reuters) - Microsoft Corp (NASDAQ:MSFT) said on Thursday it was investigating an issue with its Microsoft 365 services and features, including workplace messaging app Teams and Azure, after many users were unable to access them. Outage tracking website Downdetector showed over 8,000 incidents of people reporting issues with Teams, an app heavily relied on by people for remote work during...

02 April

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In Huawei extradition case, arguments wrap up about alleged U.S. international law violation By Reuters

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By Sarah Berman and Moira Warburton VANCOUVER (Reuters) - A branch of arguments in Huawei Chief Financial Officer Meng Wanzhou’s bid to stop her extradition to the United States from Canada ended on Thursday with a prosecutor saying her lawyers had an "impoverished" view of the facts over their assertion U.S. authorities violated international law. Meng, 49, was arrested at Vancouver International...

02 April

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March Jobs Report Will Likely Usher in Period of Rapid Employment By Investing.com

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By Yasin Ebrahim Investing.com – Investors had to contend with a duo of softer jobless claims and private payrolls reports, but that hasn’t damped the optimism for Friday's monthly jobs report that economists believe will likely herald a period of a ramp-up in jobs. The U.S. economy is expected to have created 647,000 jobs last month, well above the prior month's gains of 379,000,...

02 April

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Deliveroo IPO debacle leaves small investors with bad taste By Reuters

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(Refiles to add dropped word in paragraph 9 and delete extra word in paragraph 11) By Elizabeth Howcroft and Abhinav Ramnarayan LONDON (Reuters) -London-based amateur trader Amy Lee wasn't sure whether to buy shares in Deliveroo's stock market debut but decided eventually to take the leap, swayed by ad campaigns on the food...

02 April

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Canada shares higher at close of trade; S&P/TSX Composite up 1.41% By Investing.com

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Investing.com – Canada equities were higher at the close on Thursday, as gains in the Materials, Energy and IT sectors propelled shares higher. At the close in Toronto, the S&P/TSX Composite rose 1.41%. The biggest gainers of the session on the S&P/TSX Composite were Denison Mines Corp (TSX:DML), which rose 8.03% or 0.11 points to trade at 1.48 at...

02 April

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Greensill administrator unable to verify invoices underpinning loans to Gupta – FT By Reuters

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(Reuters) - Greensill Capital's administrator has been unable to verify invoices underpinning loans to Liberty Steel owner Sanjeev Gupta, the Financial Times reported on Thursday. Greensill's administrator, Grant Thornton, has received denials from companies listed as debtors to the steel group stating that they had never done business with Gupta, the FT report added. Insolvent finance firm Greensill collapsed last month, days...

01 April

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From 007 to private detective, Daniel Craig signs up for more ‘Knives Out’ By Reuters

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LOS ANGELES (Reuters) - Looks like Daniel Craig has a new movie franchise after ending his role as James Bond. Craig is to star in two sequels to the 2019 "Knives Out" crime caper that will stream on Netflix (NASDAQ:NFLX) in a multi-million dollar deal. Netflix on Thursday said it had bought the...

01 April

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S&P 500 Closes Above Record 4,000 as Tech Swagger Keeps Bulls Hungry By Investing.com

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By Yasin Ebrahim Investing.com – The S&P 500 closed above 4,000 level for the first time ever Thursday, led by tech and value, but it's the latter that is set for swashbuckling gains as the rotation to cyclicals is not over, according to one expert. The S&P 500 rose 1.18% to closed at a record of 4,019.90, the Dow Jones Industrial Average rose 0.52%,...

01 April

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Institutional investors add risk; outlook more positive for 2021 -research By Reuters

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By Tom Arnold LONDON (Reuters) - A rotation by sovereign wealth funds and other institutional investors to add risk since the COVID-19 pandemic, moving from cash and bonds to stocks, may have further to run as many still have large cash positions, according to research published Thursday. Investors had a more positive outlook for 2021, having reached a risk-neutral level across asset...

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Exclusive: Athene to take over $2.8 billion in J.C. Penney pension obligations By Reuters

Microsoft says investigating issues with Microsoft 365 services and features By Reuters

In Huawei extradition case, arguments wrap up about alleged U.S. international law violation By Reuters

March Jobs Report Will Likely Usher in Period of Rapid Employment By Investing.com

Deliveroo IPO debacle leaves small investors with bad taste By Reuters

Canada shares higher at close of trade; S&P/TSX Composite up 1.41% By Investing.com

Greensill administrator unable to verify invoices underpinning loans to Gupta – FT By Reuters

From 007 to private detective, Daniel Craig signs up for more ‘Knives Out’ By Reuters

S&P 500 Closes Above Record 4,000 as Tech Swagger Keeps Bulls Hungry By Investing.com

Institutional investors add risk; outlook more positive for 2021 -research By Reuters

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