(Reuters) - Cineworld said on Thursday it has secured commitments for a new $213 million convertible bond to safeguard itself from a further hit due to the coronavirus pandemic as it posted its first ever annual loss as a listed company. Even as the Regal owner prepares to reopen its U.S. movie...
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Investing.com – Japan equities were higher at the close on Thursday, as gains in the Paper & Pulp, Railway & Bus and Real Estate sectors propelled shares higher. At the close in Tokyo, the Nikkei 225 gained 1.14%. The biggest gainers of the session on the Nikkei 225 were Mitsui Mining and Smelting Co. (T:5706), which rose 5.82% or...
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Investing.com – U.K. equities were higher at the close on Wednesday, as gains in the Oil & Gas Producers, Industrial Metals & Mining and Construction & Materials sectors propelled shares higher. At the close in London, the Investing.com United Kingdom 100 gained 0.25%. The biggest gainers of the session on the Investing.com United Kingdom 100 were Tui AG (LON:TUIT), which rose...
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(Bloomberg) -- Tech giants from Tencent (HK:0700) Holdings (OTC:TCEHY) Ltd. to Alibaba (NYSE:BABA) Group Holding Ltd. dived after U.S. regulators revived threats to toss China’s largest corporations off U.S. bourses, compounding concerns of a widening domestic antitrust crackdown. Tencent and Alibaba slid more than 5% in Hong Kong Thursday before paring losses, joining a U.S. selloff that wiped more...
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By Foo Yun Chee BRUSSELS (Reuters) - Europe needs to pump 300 billion euros ($355 billion) into its telecoms infrastructure by 2025 if it wants to roll out super fast 5G across the 27-country bloc to boost economic growth and tap the potential of the technology, a report said on Thursday. The study by consulting firm BCG, commissioned by telecoms lobbying group...
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By Pei Li (Reuters) - Chinese tech giant Tencent (HK:0700) said on Thursday its cellphone action game PUBG Mobile has surpassed 1 billion accumulated downloads outside China, making it one of the most successful games worldwide. PUBG Mobile, the mobile version of Playerunknown's Battlegrounds, in which a group of players fight one...
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By Heekyong Yang SEOUL (Reuters) - Some owners of Hyundai Motor's Kona electric vehicles say the South Korean automaker is bungling a major recall with delays and poor communication, and risks losing buyers as it targets the No.3 spot in the fast-growing sector. Hyundai said last month it would replace the battery systems...
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By Lawrence White LONDON (Reuters) - Britain's Nationwide Building Society has told all its 13,000 office-based staff to work from anywhere in the country, in one of the clearest signs yet firms are making permanent the remote working arrangements put in place during the COVID-19 crisis. The lender said on Thursday it will not renew the leases on three of its offices...
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By Kirstin Ridley LONDON (Reuters) - A specialist London court will this week re-consider allowing an historic 14 billion pound ($19 billion) class action against Mastercard (NYSE:MA) to proceed, which could entitle adults in Britain to about 300 pounds each if successful. Former financial ombudsman Walter Merricks, who alleges that Mastercard overcharged more than 46 million people in Britain over nearly 16...
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LONDON (Reuters) - Bank of England Chief Economist Andy Haldane said on Wednesday he remained confident that Britain's economy was poised for a quick bounce-back as the country races ahead with its coronavirus vaccinations and restrictions are lifted. "My sense will be...
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