16 January

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Dow Snaps 3-Week Win Streak as Falling Financials Rein in Bulls By Investing.com

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By Yasin Ebrahim Investing.com – The Dow snapped a three-week winning streak Friday, paced by a decline in financials as Wall Street banks delivered mixed quarterly results, while the signs of a slowdown in the recovery prompted traders to keep their powder dry. The Dow Jones Industrial Average fell 0.57%, or 177 points. The S&P 500 was down 0.71%, while the Nasdaq Composite...

16 January

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Exclusive: Canada’s Couche-Tard drops Carrefour takeover plan – source By Reuters

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By Pamela Barbaglia LONDON (Reuters) - Canada's Alimentation Couche-Tard has dropped its bid to acquire European retailer Carrefour (PA:CARR) SA after its takeover proposal ran into stiff opposition from the French government, a source familiar with the matter told Reuters on Friday. The decision to end merger talks came after a meeting on Friday between French Finance Minister Bruno Le...

15 January

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Fed’s Rosengren Calls Biden Stimulus Plan Big Yet ‘Appropriate’ By Bloomberg

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(Bloomberg) -- Federal Reserve Bank of Boston President Eric Rosengren said President-elect Joe Biden’s request for $1.9 trillion in economic relief is needed as growth shows signs of slowing. “It’s a big package, but I think it’s appropriate,” Rosengren said Friday in a CNBC interview. “The economy is in a lull right now, we’ve...

15 January

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FirstBank, Shell oppose Nigerian group’s bid to seize assets in oil spill dispute By Reuters

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By Tife Owolabi and Libby George YENAGOA/LAGOS (Reuters) - Nigeria's FirstBank and a unit of energy giant Shell (LON:RDSa) said on Friday members of a community in southern Nigeria had no right to seize assets from a bank branch this week in a dispute over compensation for an oil spill more than five decades ago. Members of the Ejama-Ebubu community and law...

15 January

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UK Chief Scientific Adviser: COVID mutations may evade vaccine, but we can adapt By Reuters

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LONDON (Reuters) - Mutations of the novel coronavirus could theoretically get around the current vaccines, but the vaccines themselves can be adapted to new strains, Britain's Chief Scientific Adviser Patrick Vallance said on Friday. "It's possible that the variants will get round vaccines to some extent in the future," Vallance told a news conference, although he said that was still an unknown....

15 January

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Vaccinations of care home residents to be completed by month-end, says PM By Reuters

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LONDON (Reuters) - British Prime Minister Boris Johnson said on Friday the government hoped to complete the vaccination programme for care home residents and workers by the end of month, acknowledging problems with infection rates in such settings. "Clearly we've got a problem there again, that's why we are working flat out to vaccinate care home workers and care home residents," he...

15 January

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Exxon Slides as SEC Investigates Report of Overvalued Oil Property By Investing.com

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By Christiana Sciaudone Investing.com -- Exxon Mobil dropped more than 3% after The Wall Street Journal reported the company is being investigated for overvaluing property. The Securities and Exchange Commission initiated the investigation after an employee filed a whistleblower complaint last fall alleging Exxon (NYSE:XOM) overvalued a key asset in the Permian Basin, one of its most important oil and gas properties, the...

15 January

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Apple fails to overturn VirnetX patent verdict, could owe over $1.1 billion By Reuters

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By Jonathan Stempel (Reuters) - A federal judge denied Apple Inc (NASDAQ:AAPL)'s bid to set aside or reduce a $502.8 million patent infringement verdict favoring VirnetX Holding Corp, and awarded interest and royalties that could boost Apple's total payout in two lawsuits above $1.1 billion. In a decision issued on Friday, U.S. District Judge Robert Schroeder in Tyler, Texas rejected Apple's request...

15 January

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France bars Carrefour bid as Canadians scramble to salvage $20 billion deal By Reuters

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By Michel Rose, Gwénaëlle Barzic and Allison Lampert PARIS/MONTREAL (Reuters) - France ruled out a possible $20 billion takeover of Carrefour (PA:CARR) by Alimentation Couche-Tard on food security grounds on Friday, prompting the Canadian firm and its allies to mounted a last-ditch attempt to salvage a deal. The French move,...

15 January

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Take Five: No.46 enters the White House By Reuters

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1/BIDEN BOOST? On Wednesday, Joe Biden will be inaugurated as the 46th president of the United States, taking over the leadership of a country racked by COVID-19, deep socio-economic divisions and facing challenges to its global leadership role. Biden has proposed $1.9 trillion in stimulus with a commitment for $1,400 stimulus checks. Markets have cheered his win but are watching for...

Меню

Dow Snaps 3-Week Win Streak as Falling Financials Rein in Bulls By Investing.com

Exclusive: Canada’s Couche-Tard drops Carrefour takeover plan – source By Reuters

Fed’s Rosengren Calls Biden Stimulus Plan Big Yet ‘Appropriate’ By Bloomberg

FirstBank, Shell oppose Nigerian group’s bid to seize assets in oil spill dispute By Reuters

UK Chief Scientific Adviser: COVID mutations may evade vaccine, but we can adapt By Reuters

Vaccinations of care home residents to be completed by month-end, says PM By Reuters

Exxon Slides as SEC Investigates Report of Overvalued Oil Property By Investing.com

Apple fails to overturn VirnetX patent verdict, could owe over $1.1 billion By Reuters

France bars Carrefour bid as Canadians scramble to salvage $20 billion deal By Reuters

Take Five: No.46 enters the White House By Reuters

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