15 January

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UK Week In Review – Bailey sends Sterling to multi-year highs By Investing.com

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By Samuel Indyk Bank of England officials were key to driving price action in GBP this week as conflicting comments saw the currency weaken early in the week before touching multi year highs on Thursday. On Monday, Silvana Tenreyro, one of the Bank of England’s nine members on the Monetary Policy Committee, said negative interest rates should boost growth and inflation. On the...

15 January

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Messaging app Signal experiencing technical difficulties By Reuters

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(Reuters) - Messaging app Signal said on Friday it was experiencing technical difficulties and working to restore the service. Signal has seen a rise in downloads following a controversial change in rival messaging app WhatsApp's privacy terms, which required WhatsApp users to share their data with both Facebook Inc (NASDAQ:FB) and Instagram. ...

15 January

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Zoom’s Meteoric Rise Isn’t Over: Bernstein By Investing.com

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By Christiana Sciaudone Investing.com -- Zoom Video Communications Inc (NASDAQ:ZM)'s got steam. Bernstein named it a top pick in 2021, even after a stellar 2020, when it grew almost 400% thanks to the Covid-19 pandemic that kept us all at home and working and studying via the service. Shares are up about 1%. The firm named it a high...

15 January

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Uber looks to spin off Postmates’ robotics division – TechCrunch By Reuters

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(Reuters) - Ride-hailing platform Uber Technologies (NYSE:UBER) Inc is looking to spin off the robotics unit of the food delivery startup Postmates it acquired last year, TechCrunch reported on Friday, citing people familiar with the matter. (https://tcrn.ch/3bJEBYC) Uber declined a Reuters request for comment. ...

15 January

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London Swiss share trading set for February return By Reuters

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By Huw Jones LONDON (Reuters) - British-based exchanges will once again offer trading in Swiss shares from next month, but it may take time to rebuild volumes, Britain's finance ministry and exchanges said on Friday. The ministry has set out legislation in parliament that is expected to be approved quickly and allow platforms like Cboe, Aquis Exchange and London Stock Exchange's Turquoise...

15 January

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UK estimated range for R number narrows, still above one By Reuters

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LONDON (Reuters) - The estimated range of the UK COVID-19 reproduction "R" number narrowed to 1.2-1.3, the department of health said on Friday, similar to the range of 1.0-1.4 reported last week. An R number between 1.2 and 1.3 means that, on average, every 10 people infected will infect between 12 and 13 other people. The estimated daily growth rate of infections...

15 January

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As NYC Staggers On, Cost to Lives and Livelihoods Keeps Rising By Bloomberg

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(Bloomberg) -- Times Square (NYSE:SQ) is quiet, Broadway is dark, offices are empty. As New York City staggers though January, the cost of this pandemic, both in lives and livelihoods, just keeps rising. Caseloads remain stubbornly high, and the numbers look daunting. Unemployment in the Bronx, poorest of the five boroughs, is hovering around...

15 January

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‘Spend as much as you can,’ IMF head urges governments worldwide By Reuters

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MOSCOW (Reuters) - Policymakers worldwide should embrace more spending to help revive their stuttering economies, the head of the International Monetary Fund said on Friday at Russia's annual Gaidar economic forum. Managing Director Kristalina Georgieva did not give any specific economic forecasts, but made clear her desire for governments to up their spending and that a synchronised approach internationally was best...

15 January

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Earnings season to test surge in regional banks stocks By Reuters

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By David Randall NEW YORK (Reuters) - A blistering rally in the shares of regional banks may be tested when a spate of lenders report results in the coming week. Regional banks in the S&P 500 have surged 11% since the beginning of the year, beating out the gains in larger, more diversified banks by about a percentage point over the same period....

15 January

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Wall Street Opens Mostly Lower After Retail Sales Drop; Dow Down 175 Pts By Investing.com

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By Geoffrey Smith Investing.com -- U.S. stocks opened mostly lower on Friday after a second straight monthly drop in retail sales underlined the loss of momentum in the economy due to record Covid-19 infections around the turn of the year. The mood wasn't helped much by an opening salvo of bank earnings that looked strong at first sight, but which belied a slowdown...

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UK Week In Review – Bailey sends Sterling to multi-year highs By Investing.com

Messaging app Signal experiencing technical difficulties By Reuters

Zoom’s Meteoric Rise Isn’t Over: Bernstein By Investing.com

Uber looks to spin off Postmates’ robotics division – TechCrunch By Reuters

London Swiss share trading set for February return By Reuters

UK estimated range for R number narrows, still above one By Reuters

As NYC Staggers On, Cost to Lives and Livelihoods Keeps Rising By Bloomberg

‘Spend as much as you can,’ IMF head urges governments worldwide By Reuters

Earnings season to test surge in regional banks stocks By Reuters

Wall Street Opens Mostly Lower After Retail Sales Drop; Dow Down 175 Pts By Investing.com

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