12 March

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Tesla investor sues Musk, claims tweets violate SEC settlement By Reuters

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(Reuters) - Tesla Inc Chief Executive Elon Musk and the board of the electric car company have been sued by a shareholder who accused Musk of violating his 2018 settlement with the U.S. Securities and Exchange Commission over his Twitter use. According to a complaint unsealed late Thursday in Delaware Chancery Court, Musk's "erratic" tweets, including a post last May 1 that...

12 March

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Crypto investor ‘Metakovan’ named as buyer of $70 million digital artwork By Reuters

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LONDON (Reuters) - The buyer of a $70 million digital-only artwork was named on Friday by auction house Christie's as a crypto asset investor who goes by the pseudonym "Metakovan." The auction to buy the work by digital artist Beeple, which ended on Thursday, was the first ever sale by a major auction house of a piece of digital art that does...

12 March

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Exclusive: Euro zone governments to pledge continued fiscal support in 2022 – document By Reuters

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By Jan Strupczewski BRUSSELS (Reuters) - Euro zone finance ministers will pledge on Monday to keep supporting the economy with public money in 2021 and 2022 as the common currency area emerges from the depths of the coronavirus crisis, a draft statement seen by Reuters showed. The ministers, known as the Eurogroup, will also say the support, so far worth 8% of...

12 March

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Wall Street Opens Mostly Lower as Bond Yields Rise Again By Investing.com

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By Geoffrey Smith Investing.com -- U.S. stock markets opened mixed on Friday, reverting back to the pattern of tech underperformance after a volatile week in which fears about rising long-term interest rates have refused to go away. The yield on the 10-year bond yield was the center of attention again in early dealings, rising to 1.62% after U.S. producer prices rose at their...

12 March

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Boeing Jumps on New Order Win For 737 Max Planes By Investing.com

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By Dhirendra Tripathi Investing.com – A fresh order for 24 planes from its 737 Max catalog kept Boeing (NYSE:BA) shares firm in Friday’s session. They rose 2% on the new order from private investment firm 777 Partners. The contract has a provision for the delivery of another 60 planes. Miami-based 777 Partners, which has a stake in Canadian ultra-low-cost carrier Flair Airlines, said...

12 March

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Big-Box Retailers Hit By Reopening Trade Still Have Room to Gain By Bloomberg

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(Bloomberg) -- Big-box retailers are lagging the broad market this year after reaping gangbusters gains in 2020, but that’s not reason enough to shun the stocks. In fact, these companies stand to get stronger over time, Wall Street analysts say. Lockdown winners Costco Wholesale Corp (NASDAQ:COST)., Target Corp. (NYSE:TGT) and Walmart (NYSE:WMT) Inc. have been getting little love from...

12 March

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UK records a further 175 COVID deaths, 6,609 new cases By Reuters

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LONDON (Reuters) - The United Kingdom has recorded a further 175 deaths from people who had tested positive for COVID-19 within 28 days, and 6,609 new cases, official data showed on Friday. The number of deaths was down from the 181 recorded on Thursday, and cases was also down from 6,753. A total of 125,343 people have now died with the...

12 March

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Britain’s moves on Northern Irish protocol lawful and right, PM Johnson says By Reuters

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LONDON (Reuters) - Britain's decision to suspend parts of the Northern Irish Brexit protocol was lawful and right, Prime Minister Boris Johnson said on Friday, adding it was necessary build confidence in the arrangement. The European Union has promised legal action after the British government unilaterally extended a grace period for checks on food imports from mainlaind Britain to Northern Ireland, a...

12 March

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FTSE 100 ekes out gains, Burberry higher, GBP weak after data dump By Investing.com

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Key Points FTSE 100 finishes higher amid mixed global share performance Burberry Group PLC (LON:BRBY) rallies after strong start to the year GBP weak after raft of economic data UK exports to EU tumble in first month post-Brexit UK and US yields surge higher By Samuel Indyk Investing.com – The FTSE 100 eked out gains in the final session...

12 March

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Apollo ends talks with Greensill Capital’s administrators: sources By Reuters

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By Abhinav Ramnarayan LONDON (Reuters) - U.S. private equity company Apollo Global Management has ended talks with the administrators of British financing company Greensill after a JPMorgan (NYSE:JPM) investment in Greensill's technology partner, two sources familiar with the talks said. Greensill, which filed for insolvency earlier this week after losing the support of its main backers, employed around 1,000 people in the...

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Tesla investor sues Musk, claims tweets violate SEC settlement By Reuters

Crypto investor ‘Metakovan’ named as buyer of $70 million digital artwork By Reuters

Exclusive: Euro zone governments to pledge continued fiscal support in 2022 – document By Reuters

Wall Street Opens Mostly Lower as Bond Yields Rise Again By Investing.com

Boeing Jumps on New Order Win For 737 Max Planes By Investing.com

Big-Box Retailers Hit By Reopening Trade Still Have Room to Gain By Bloomberg

UK records a further 175 COVID deaths, 6,609 new cases By Reuters

Britain’s moves on Northern Irish protocol lawful and right, PM Johnson says By Reuters

FTSE 100 ekes out gains, Burberry higher, GBP weak after data dump By Investing.com

Apollo ends talks with Greensill Capital’s administrators: sources By Reuters

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