24 March

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S&P 500 Rebounds as Bulls Swoop Into Cyclicals; GameStop Slumps By Investing.com

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By Yasin Ebrahim Investing.com – The S&P 500 rebounded Wednesday as bargain-hunting investors swooped in to scoop up beaten down reopening stocks following a rout a day earlier. The S&P 500 was up 0.32%, the Dow Jones Industrial Average rose 0.74%, or 238 points, the Nasdaq Composite was down 0.31%. The reopening trade – bullish bets on stocks tied to the progress of...

24 March

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British meat industry warns of permanent loss of trade with EU By Reuters

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LONDON (Reuters) - The British meat industry warned on Wednesday of a permanent loss of export trade with the European Union of between 20% and 50% even after post-Brexit "teething problems" are ironed out. Additional checks and paperwork for British exports since the country’s Dec. 31 exit from the EU’s single market and customs union have led to delays and higher...

24 March

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British police arrest man after suspicious package at queen’s Edinburgh residence By Reuters

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LONDON (Reuters) - British police said on Wednesday they had arrested a man after a bomb disposal team made a suspicious item safe on the grounds of the Palace of Holyroodhouse, the queen's official Scottish residence in Edinburgh. Police Scotland said they were alerted to a report of a suspicious item on Tuesday evening at the palace as in the centre of...

24 March

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UK government throwing everything at COP26, says PM Johnson By Reuters

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LONDON (Reuters) - Britain's hosting of the United Nations Climate Change Conference, COP26, is a priority for the government which is throwing everything at it, Prime Minister Boris Johnson said on Wednesday. "The COP26 summit is one of the single biggest priorities that any government could have domestically and internationally and it's a massive job and we're throwing everything at...

24 March

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Viacom Sinks Further After Pricing Stock Offering By Investing.com

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By Christiana SciaudoneInvesting.com -- Viacom tumbled further on Wednesday after pricing a giant stock sale. Shares were down almost 20% after pricing a stock offering at $85 per common share. The stock had already tumbled on Tuesday, and ViacomCBS (NASDAQ:VIAC) is down about 25% since hitting a record last week. Shares had rallied more than 600% from March 2020 to that all-time high....

24 March

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Peloton Sinks as Cramer Moves On, Competitors Ramp Up By Investing.com

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By Christiana Sciaudone Investing.com -- Peloton (NASDAQ:PTON) is down almost 8% on Wednesday as Jim Cramer moves on and competition ramps up. The host of CNBC's Mad Money program said Tuesday that he's "moving on" from the stock after a big run. Meanwhile, Motosumo, a Danish company, raised $6 million in a bid to double its network of spin class instructors around the...

24 March

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UK’s Johnson: Firms may ponder future investments in countries imposing vaccine blockades By Reuters

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LONDON (Reuters) - British Prime Minister Boris Johnson said on Wednesday firms might "draw conclusions" about any countries that considered blocking supplies of COVID-19 vaccines. "I don't think that blockades of either vaccines or of medicines, or of ingredients for vaccines are sensible and I think the long-term damage done by blockades can be very considerable," he told lawmakers. "I would...

24 March

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Climate change fight comes with big trade-offs for central banks, says report By Reuters

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FRANKFURT (Reuters) - Central banks need to fight climate change but all policy options on the table come with costly drawbacks, so action needs to be gradual and cautious, an umbrella group of the world's top central banks and supervisors said on Wednesday. With climate change posing a growing risk to financial stability, central banks are examining their own role in...

24 March

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British gambling operator Gamesys agrees to possible offer from Bally’s Corp By Reuters

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(Reuters) - British gambling operator Gamesys agreed to a possible takeover by U.S.-based Bally's Corp for 1,850 pence per share in cash, the companies announced on Wednesday. Gamesys' Chief Executive Officer Lee Fenton, would become the CEO of the combined group and two Gamesys directors would join Bally's board, the statement added. ...

24 March

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GSK says Moncef Slaoui dismissed as Galvani chairman By Reuters

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FRANKFURT (Reuters) - Glaxosmithkline (LON:GSK) said that Moncef Slaoui has been dismissed as chairman of Galvani Bioelectronics, which is majority owned by GSK. GSK said the termination of Slaoui's contract was with immediate effect. Slaoui was not immediately available for comment. ...

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S&P 500 Rebounds as Bulls Swoop Into Cyclicals; GameStop Slumps By Investing.com

British meat industry warns of permanent loss of trade with EU By Reuters

British police arrest man after suspicious package at queen’s Edinburgh residence By Reuters

UK government throwing everything at COP26, says PM Johnson By Reuters

Viacom Sinks Further After Pricing Stock Offering By Investing.com

Peloton Sinks as Cramer Moves On, Competitors Ramp Up By Investing.com

UK’s Johnson: Firms may ponder future investments in countries imposing vaccine blockades By Reuters

Climate change fight comes with big trade-offs for central banks, says report By Reuters

British gambling operator Gamesys agrees to possible offer from Bally’s Corp By Reuters

GSK says Moncef Slaoui dismissed as Galvani chairman By Reuters

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