10 March

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Nasdaq Roars Back as Falling Rates Put Tech in Shop Window By Investing.com

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By Yasin Ebrahim Investing.com – The Nasdaq jumped Tuesday, as higher-valued tech stocks rode the retreat in U.S. rates, with analysts suggesting the tech rally likely has more room to go. The Nasdaq Composite jumped 3.7%. The {169|Dow Jones Industrial Average}} rose 0.10%, or 30 points, though had hit a intraday record of 32,150.32, and the S&P 500 rose 1.36%, Mega-cap...

10 March

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Sweden’s Scania admits ‘misconduct’ in India after contract-for-bribes report By Reuters

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STOCKHOLM (Reuters) - Scania paid bribes to win bus contracts in India in seven different states between 2013 and 2016, according to an investigation by three media outlets, including Swedish news channel SVT. The Swedish truck and bus maker, a unit under Volkswagen (DE:VOWG_p) AG's commercial vehicle arm Traton SE, started operations in India in 2007 and established a manufacturing unit in...

09 March

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Biden’s Name Will Be Left Off Stimulus Checks to Speed Delivery By Bloomberg

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(Bloomberg) -- President Joe Biden’s name will be left off the next round of stimulus checks in a bid to speed distribution to Americans, the White House said Tuesday. “We are doing everything in our power to expedite the payments and not delay them, which is why the president’s name will not appear on the memo line of this round of stimulus checks,”...

09 March

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Facebook’s lawyers blast attorney fees bid in deal over 2018 data breach By Reuters

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By Sara Merken (Reuters) - Facebook Inc (NASDAQ:FB) is pushing back on plaintiffs lawyers' request for nearly $12 million in fees and costs for securing an injunctive relief-only settlement stemming from a 2018 cyberattack that affected millions of Facebook users. In a Monday night filing in California federal court, Facebook's lawyers at Latham & Watkins said the request is "not...

09 March

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Meghan and Harry’s revelations not yet fatal for British monarchy By Reuters

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By Michael Holden LONDON (Reuters) - Prince Harry and Meghan's TV interview in which they talked of racism, neglect and feuding inside the royal family is the biggest challenge to the British monarchy this century, but supporters say it will survive, at least while Elizabeth is queen. Meghan and Harry's accusations underscore just how hard the taxpayer-funded institution, which traces its roots...

09 March

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Greensill sale talks with Athene stall – Bloomberg News By Reuters

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(Reuters) - Greensill Capital's talks to sell parts of its business to annuities provider Athene Holding Ltd have paused, Bloomberg News reported on Tuesday citing people with knowledge of the matter. The talks between Athene, which agreed to merge with Apollo Global Management Inc on Monday, and Greensill have been stalled by a breakdown in discussions with a front-end technology supplier Taulia,...

09 March

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U.K. shares higher at close of trade; Investing.com United Kingdom 100 up 0.18% By Investing.com

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Investing.com – U.K. equities were higher at the close on Tuesday, as gains in the Automobiles & Parts, General Retailers and Software & Computer Services sectors propelled shares higher. At the close in London, the Investing.com United Kingdom 100 added 0.18% to hit a new 1-month high. The biggest gainers of the session on the Investing.com United Kingdom 100 were Avast...

09 March

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Ferragamo flags China-driven sales rise after 2020 loss By Reuters

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By Claudia Cristoferi (Reuters) - Italian luxury goods group Salvatore Ferragamo said on Tuesday that China and e-commerce had boosted sales in the year so far, after the COVID-19 pandemic pushed the firm to its first full-year operating loss since it listed in Milan 10 years ago. Deputy Executive Chairman Michele Norsa, a long-time executive brought back by the Ferragamo family last...

09 March

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EU trade chief says Mercosur free-trade deal is important By Reuters

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PARIS (Reuters) - The free-trade treaty between the European Union and the South American bloc Mercosur is important, EU trade chief Valdis Dombrovskis said on Tuesday. Speaking at a parliamentary hearing in France, Dombrovskis also said that the European Union was working with Mercosur on additional commitments on deforestation and climate sustainability under the Paris agreement. "It is important to have such...

09 March

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Analysis: Brazil markets, on shaky foundations, rocked by Lula bombshell By Reuters

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By Jamie McGeever BRASILIA (Reuters) - Brazil's financial markets were already shaky from a worsening fiscal outlook, political logjam and a devastating second wave of COVID-19 before Monday's bombshell that leftist ex-President Luiz Inacio Lula da Silva could contest next year's presidential election. They have now been rocked to their foundations - even...

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Nasdaq Roars Back as Falling Rates Put Tech in Shop Window By Investing.com

Sweden’s Scania admits ‘misconduct’ in India after contract-for-bribes report By Reuters

Biden’s Name Will Be Left Off Stimulus Checks to Speed Delivery By Bloomberg

Facebook’s lawyers blast attorney fees bid in deal over 2018 data breach By Reuters

Meghan and Harry’s revelations not yet fatal for British monarchy By Reuters

Greensill sale talks with Athene stall – Bloomberg News By Reuters

U.K. shares higher at close of trade; Investing.com United Kingdom 100 up 0.18% By Investing.com

Ferragamo flags China-driven sales rise after 2020 loss By Reuters

EU trade chief says Mercosur free-trade deal is important By Reuters

Analysis: Brazil markets, on shaky foundations, rocked by Lula bombshell By Reuters

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