20 March

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FTSE 100 marks weakest day in three weeks as bank, commodity-linked stocks weigh By Reuters

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By Amal S (Reuters) - London's FTSE 100 marked its weakest session since late-February on Friday, as a retreat in U.S. Treasury yields weighed on bank stocks, while mining and energy stocks tracked weaker commodity prices. The blue-chip FTSE 100 index was down 1.1%, underperforming its European peers, and posted its first weekly decline in three weeks. Bank stocks including HSBC holdings,...

20 March

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Nasdaq Steadies on Renewed Tech Bets After Rate Spike Subsides By Investing.com

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By Yasin Ebrahim Investing.com – The Nasdaq steadied Friday, as the spike in Treasury yields subsided, paving the way for bargain-hunting investors to snap up growth stocks following a rout a day earlier. The Dow Jones Industrial Average fell 0.37%, or 123 points. The S&P 500 was up 0.23%, while the Nasdaq Composite was up 0.9%. Facebook (NASDAQ:FB), Microsoft (NASDAQ:MSFT), Amazon.com (NASDAQ:AMZN) and...

20 March

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UK antitrust regulator prepares to investigate Facebook – FT By Reuters

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(Reuters) - Britain's competition regulator is set to begin an antitrust investigation into Facebook Inc (NASDAQ:FB) in the next few months, after similar actions into Google (NASDAQ:GOOGL) and Apple (NASDAQ:AAPL) early this year, Financial Times reported on Friday. The Competition and Markets Authority would look into the way Facebook allegedly uses customer data against rivals in social media and...

20 March

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Analysis: Europe’s COVID-19 setbacks risk another summer travel washout By Reuters

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By Sarah Young and Laurence Frost LONDON/PARIS (Reuters) - Europe's airlines and travel sector are bracing for a second lost summer, with rebound hopes increasingly challenged by a hobbled COVID-19 vaccine rollout, resurgent infections and new lockdowns. Airline and travel stocks fell on Friday after Paris and much of northern France shut down...

20 March

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U.S. DOJ accuses Google of dragging its feet in antitrust trial By Reuters

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WASHINGTON (Reuters) - The U.S. Department of Justice accused Google of dragging its feet in providing documents in preparation for a trial on allegations that it broke antitrust law while the search and advertising giant said the government was being unreasonable. In a joint filing late Thursday, the Justice Department said that Alphabet (NASDAQ:GOOGL)'s Google had balked at some search terms that...

20 March

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Dow Snaps Two-Week Win Streak as Traders Turn Sour on Banks After Yields Retreat By Investing.com

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By Yasin Ebrahim Investing.com – The Dow snapped a two-week win streak Friday, paced by a decline in bank stocks as bond yields retreated sharply after hitting more than one-year highs earlier this week. The Dow Jones Industrial Average fell 0.71%, or 234 points. The S&P 500 was down 0.07%, while the Nasdaq Composite was up 0.76% The United States...

20 March

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U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 1.07% By Investing.com

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Investing.com – U.K. equities were lower at the close on Friday, as losses in the Fixed Line Telecommunications, Aerospace & Defense and Industrial Engineering sectors propelled shares lower. At the close in London, the Investing.com United Kingdom 100 declined 1.07%. The biggest gainers of the session on the Investing.com United Kingdom 100 were Ocado Group PLC (LON:OCDO), which rose...

19 March

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U.S. Fed to let bank leverage exemption expire this month, will review rule By Reuters

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By David Henry and Michelle Price WASHINGTON (Reuters) - Big U.S. banks will have to resume holding an extra layer of loss-absorbing capital against U.S. Treasuries and central bank deposits from next month after the Federal Reserve said on Friday it would not extend a temporary pandemic regulatory break due to expire this month. The Fed said it would, however, launch...

19 March

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Explainer: What rising bond yields mean for markets By Reuters

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By Kate Duguid and Karen Brettell NEW YORK (Reuters) - Yields on U.S. Treasuries have surged to their highest level in more than a year from record lows hit in 2020, as Federal Reserve commitments to hold rates near zero for years to come encouraged investors to bet economic growth and inflation will heat up. Though yields remain low by historical standards,...

19 March

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Administrators layoff 440 workers at lender Greensill Capital – Guardian By Reuters

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(Reuters) - More than a week after Greensill Capital collapsed into administration, 440 workers have been laid off in London and Cheshire, Guardian newspaper reported https:// Grant Thornton administrators, which took over the company's operations last week, confirmed to Guardian on Friday that they had cut jobs, but were still on the lookout for a buyer that could potentially save...

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FTSE 100 marks weakest day in three weeks as bank, commodity-linked stocks weigh By Reuters

Nasdaq Steadies on Renewed Tech Bets After Rate Spike Subsides By Investing.com

UK antitrust regulator prepares to investigate Facebook – FT By Reuters

Analysis: Europe’s COVID-19 setbacks risk another summer travel washout By Reuters

U.S. DOJ accuses Google of dragging its feet in antitrust trial By Reuters

Dow Snaps Two-Week Win Streak as Traders Turn Sour on Banks After Yields Retreat By Investing.com

U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 1.07% By Investing.com

U.S. Fed to let bank leverage exemption expire this month, will review rule By Reuters

Explainer: What rising bond yields mean for markets By Reuters

Administrators layoff 440 workers at lender Greensill Capital – Guardian By Reuters

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