04 March

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Germany’s Merck KGaA predicts earnings gain in 2021 By Reuters

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FRANKFURT (Reuters) - Germany's Merck KGaA predicted further earnings gains in 2021 as an effort by the pharma industry to ready treatments and vaccines against the coronavirus bolsters demand for its supplies for biotech labs. Merck, which also makes pharmaceuticals and specialty chemicals, said on Thursday it expects earnings before interest, taxes, depreciation and amortisation (EBITDA) adjusted for one offs, to grow...

04 March

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Hong Kong Dumped From Economic Freedom Index It Used to Dominate By Bloomberg

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(Bloomberg) -- A year ago, when Hong Kong was dethroned by Singapore in the annual Heritage Foundation ranking of the world’s freest economies, a top official predicted the city would soon return to the spot it had held for 25 straight years. Instead, Hong Kong disappeared entirely from the latest edition of the list, published Thursday. Together with Macau, it is now counted...

04 March

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SpaceX Starship rocket prototype nails landing… then blows up By Reuters

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(Reuters) - The third time appeared to be the charm for Elon Musk's Starship rocket - until it wasn't. The latest heavy-duty launch vehicle prototype from SpaceX soared flawlessly into the sky in a high-altitude test blast-off on Wednesday from Boca Chica, Texas, then flew itself back to Earth to achieve the first upright landing for a Starship model. But the triumph...

04 March

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Rocket Shares Fall Back to Earth on High Volatility By Investing.com

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By Liz Moyer Investing.com -- Rocket Companies Inc (NYSE:RKT) shares tumbled 27% after a wild ride this week, and at least one analyst is throwing up the caution sign. The consumer lender's shares have whipsawed over the last few days, reportedly because retail investors are pushing a short squeeze along the lines of the GameStop Corp (NYSE:GME) and AMC Entertainment Holdings Inc (NYSE:AMC) trades earlier...

04 March

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U.K. shares higher at close of trade; Investing.com United Kingdom 100 up 0.91% By Investing.com

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Investing.com – U.K. equities were higher at the close on Wednesday, as gains in the Fixed Line Telecommunications, Automobiles & Parts and Travel & Leisure sectors propelled shares higher. At the close in London, the Investing.com United Kingdom 100 added 0.91%. The biggest gainers of the session on the Investing.com United Kingdom 100 were Barratt Developments PLC (LON:BDEV), which...

04 March

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Trip.com ADR Earnings beat, Revenue misses In Q4 By Investing.com

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Trip.com ADR reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations. Trip.com ADR announced earnings per share of 1.75 on revenue of 4.96B. Analysts polled by Investing.com anticipated EPS of 0.2843 on revenue of 4.97B. Trip.com ADR shares are up 18% from the beginning of the year and are trading at...

04 March

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Exclusive: Aon’s $30 billion bid for insurance broker Willis hits EU antitrust hurdle – sources By Reuters

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By Foo Yun Chee BRUSSELS (Reuters) - Aon (NYSE:AON) will face a list of objections by the EU's antitrust watchdog which it must overcome with concessions to proceed with its $30 billion bid for Willis Towers Watson (NASDAQ:WLTW), two people familiar with the matter said. The negotiations may derail Aon's goal of closing the deal in the first half of the year...

04 March

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Nasdaq Slumps as ‘Stretched’ Valuation Fears, Rising Rates Grip Big Tech By Investing.com

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By Yasin Ebrahim Investing.com – The Nasdaq fell Wednesday, as concerns over "stretched" valuations in big tech were exacerbated by a renewed climb in U.S. interest rates even as data pointed to a wobble in the labor market. The Nasdaq Composite fell 2.70%. The Dow Jones Industrial Average slipped 1.30%, or 121 points. The S&P 500 fell 0.68%, and the A sea of red...

04 March

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The man who saves forgotten cats in Fukushima’s nuclear zone By Reuters

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By Tim Kelly and Kim Kyung Hoon FUKUSHIMA, Japan (Reuters) - A decade ago, Sakae Kato stayed behind to rescue cats abandoned by neighbours who fled the radiation clouds belching from the nearby Fukushima nuclear plant. He won't leave. "I want to make sure I am here to take care of the last...

04 March

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Reflation trades in FX markets expected to continue in March – Reuters poll By Reuters

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By Hari Kishan BENGALURU (Reuters) - The reflation trade that spooked currency markets and threw them into disarray will be in play for at least another month, according to a Reuters poll of strategists, who were still holding on to their outlook for dollar weakness in the long run. Benchmark U.S. Treasury yields vaulted to their highest since the pandemic began last...

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Germany’s Merck KGaA predicts earnings gain in 2021 By Reuters

Hong Kong Dumped From Economic Freedom Index It Used to Dominate By Bloomberg

SpaceX Starship rocket prototype nails landing… then blows up By Reuters

Rocket Shares Fall Back to Earth on High Volatility By Investing.com

U.K. shares higher at close of trade; Investing.com United Kingdom 100 up 0.91% By Investing.com

Trip.com ADR Earnings beat, Revenue misses In Q4 By Investing.com

Exclusive: Aon’s $30 billion bid for insurance broker Willis hits EU antitrust hurdle – sources By Reuters

Nasdaq Slumps as ‘Stretched’ Valuation Fears, Rising Rates Grip Big Tech By Investing.com

The man who saves forgotten cats in Fukushima’s nuclear zone By Reuters

Reflation trades in FX markets expected to continue in March – Reuters poll By Reuters

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