09 April

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U.S. Futures Mixed; Tech Stocks Underperform After Gains By Investing.com

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By Peter Nurse Investing.com - U.S. stocks are seen opening mixed Friday in narrow ranges, with the tech-heavy Nasdaq underperforming, giving back some of the recent gains as U.S. bond yields edged higher. At 7:15 AM ET (1215 GMT), the Dow Futures contract was up 80 points, or 0.2%, S&P 500 Futures traded 6 points, or 0.1%, higher, while Nasdaq 100 Futures dropped 10 points, or 0.1%. The major indices all closed higher Thursday, with the broad-based S&P 500 index notching a record close, for the second day in a row, and are all set to...

09 April

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Amazon union drive facing long odds as final votes counted By Reuters

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(Reuters) - The union hoping to change U.S. labor history by organizing Amazon.com (NASDAQ:AMZN) warehouse employees in Alabama faces a steep uphill slog when vote counting resumes on Friday. Amazon workers at the warehouse in Bessemer were on track to reject unionization by a 2-1 margin, with almost half the 3,215 ballots counted on Thursday. Some 1,100 ballots were voted against forming a union, with 463 ballots in favor. The vote count will resume at 8:30 a.m. CT (1330 GMT) Friday. Unionizing Amazon, the second-largest private employer in America, could be a start to reverse long-running...

09 April

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Facebook suspends 16,000 accounts for selling fake reviews after UK intervention By Reuters

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(Reuters) - Britain's competition watchdog said on Friday social media company Facebook Inc (NASDAQ:FB) suspended 16,000 accounts that were selling and buying fake reviews of various products and services, the second time the regulator had to intervene. Facebook has also made further changes for detecting and removing paid content which could mislead users on its platforms, including the popular photo-sharing app Instagram, the Competition and Markets Authority said. ...

09 April

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Explainer: How worried should we be about links of blood clots to AstraZeneca’s vaccine? By Reuters

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By John Miller and Ludwig Burger ZURICH (Reuters) - Europe's drug regulator on Wednesday said it had found a possible link between AstraZeneca (NASDAQ:AZN)'s COVID-19 vaccine and very rare blood clots in adults who received the shot. Britain recommended people under 30 get an alternative COVID-19 vaccine if possible. Here's what we know so far: WHAT HAS HAPPENED? The EMA said its vaccine side effects monitoring system, as of April 4, had received 169 reports of cases of cerebral venous sinus thrombosis (CVST), or clots in blood vessels exiting the brain, and 53 cases of...

09 April

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Rebounding private flights fuel M&A interest in corporate jet services providers By Reuters

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By Allison Lampert and Maiya Keidan (Reuters) - As U.S. business aviation traffic rebounds to pre-pandemic levels, a niche, fragmented industry providing services ranging from hangars to fueling is drawing interest from private equity funds and infrastructure investors. Fixed base operators, or FBOs, play a key role in keeping private jets flying, offering services like hangars and fueling, and some buyers are betting the revival in flights could spill over into allied industries. While business jet orders and deliveries dropped in 2020, private flights, which carry smaller groups and promise wealthy passengers less risk of exposure...

09 April

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SFO investigating Buy2LetCars owner Raedex, one individual questioned By Reuters

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(Reuters) - The UK Serious Fraud Office (SFO) said on Friday it had arrested and interviewed one individual in connection with an investigation into the Raedex Consortium, owner of Buy2LetCars and PayGo Cars, as part of an investigation into suspected fraud. The SFO said it had released the individual pending further investigation, adding it had also conducted searches on two residential premises on Thursday in connection with the probe. RSM Restructuring Advisory LLP, which was appointed last month as administrators of Raedex, did not respond to a Reuters request for immediate comment. ...

09 April

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British American Tobacco weighs on FTSE 100; PageGroup jumps By Reuters

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By Devik Jain (Reuters) -London's FTSE 100 fell on Friday, dragged lower by heavyweight British American Tobacco (LON:BATS) and banking stocks, although the blue-chip index was set for its best weekly performance since early-January on optimism about a recovery in the UK economy. The FTSE 100 slid 0.3%, with shares of the tobacco firm declining 2.5% to the bottom of index after J.P. Morgan downgraded the stock to "neutral" from "overweight". However, the losses were limited by a rise in consumer discretionary stocks, with Britain's biggest sportswear retailer JD Sports Fashion adding 1.3% after...

09 April

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Sterling falls, set for biggest weekly loss since 2020 By Reuters

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By Elizabeth Howcroft LONDON (Reuters) - Sterling fell on Friday, touching a two-month low against the dollar in early London trading, and was set for its biggest weekly drop so far this year, hit by concerns about vaccinations and profit-taking after a strong first quarter. The pound had its best quarter against the euro since 2015 in the first three months of 2021, boosted by the UK's vaccine rollout, which is one of the fastest in the world, as well as a fading of negative rates expectations for the country. But that trend reversed this week,...

09 April

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German exports rise in February, lifted by China trade By Reuters

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BERLIN (Reuters) - German exports rose in February, boosted by surging trade with China in a fresh sign that factories are busy in Europe's largest economy despite an expected pandemic-related drop in overall output in the first quarter. Seasonally adjusted exports increased by 0.9% on the month after an upwardly revised rise of 1.6% in January, the Federal Statistics Office said on Friday. Imports rose 3.6% after falling 3.5% in the prior month. A Reuters poll had pointed to a 1.0% increase in exports and a 2.4% rise in imports. The trade surplus shrank to 19.1...

09 April

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Recruiter PageGroup profit rises as hiring picks up in March By Reuters

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(Reuters) - Global recruitment firm PageGroup on Friday reported higher first-quarter gross profit, with a growth of 31% in March, helped by improvements in hiring in its EMEA and Asia-Pacific regions. The company, which operates in 36 countries and helps hire executives, professionals and clerical staff, said it now expects annual operating profit to be in the range of 90 million pounds ($123.38 million) and 100 million pounds. ($1 = 0.7294 pounds) ...

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News

U.S. Futures Mixed; Tech Stocks Underperform After Gains By Investing.com

Amazon union drive facing long odds as final votes counted By Reuters

Facebook suspends 16,000 accounts for selling fake reviews after UK intervention By Reuters

Explainer: How worried should we be about links of blood clots to AstraZeneca’s vaccine? By Reuters

Rebounding private flights fuel M&A interest in corporate jet services providers By Reuters

SFO investigating Buy2LetCars owner Raedex, one individual questioned By Reuters

British American Tobacco weighs on FTSE 100; PageGroup jumps By Reuters

Sterling falls, set for biggest weekly loss since 2020 By Reuters

German exports rise in February, lifted by China trade By Reuters

Recruiter PageGroup profit rises as hiring picks up in March By Reuters

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