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21 January
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Bank of Japan Leaves Interest Rates Unchanged Amid Gloomy Outlook By Bloomberg

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(Bloomberg) -- The Bank of Japan stood pat on its massive easing program while taking a gloomier view of the current state of the economy amid rising virus cases and a widening state of emergency. The BOJ left its interest rates and main asset purchases unchanged, according to a statement from the central bank Thursday. All 44 economists surveyed by Bloomberg forecast no...

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21 January
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Analysis: Jack Ma’s reappearance fails to soothe all investor concerns By Reuters

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By Megan Davies, John McCrank and Ross Kerber NEW YORK/BOSTON (Reuters) - Jack Ma's 50-second video reappearance may have buoyed Alibaba (NYSE:BABA) Group's shares, yet it has done little to resolve the Chinese e-commerce giant's troubled relationship with regulators that is making some investors hesitate about owning its stock. The company's American Depositary Receipts (ADRs) rose more than 5%...

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21 January
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Malaysia Airlines’ parent co gets British court approval for restructuring By Reuters

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KUALA LUMPUR (Reuters) - The parent company of Malaysia Airlines, Malaysia Aviation Group (MAG), said it had obtained British court approval to proceed with a major component of its debt restructuring efforts. The approval allows the group to convene a creditors' meeting to consider a scheme. The outcome of the meeting will be reported back to the court at a sanction hearing...

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21 January
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British to face ban on entering EU under German plan to shut borders – The Times By Reuters

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(Reuters) - European governments would be allowed to ban all UK residents from entering their countries and cut all passenger transport links with Britain under a German proposal to the European Union, the Times reported on Thursday. EU member states are free to impose temporary bans on entry and on transporting passengers entering from non-EU countries with virus variant areas, the Times...

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21 January
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ECB Just Can’t Escape Grip of Virus on Economy: Decision Guide By Bloomberg

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(Bloomberg) -- European Central Bank officials will confront a frustrating outlook when they hold their first policy meeting of the year on Thursday, as stricter lockdowns and a slow vaccine rollout across the region threaten to leave the economy jammed up for months on end. A resurgent outbreak of the coronavirus and worries about new strains of the disease are testing the assumption...

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21 January
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Beyond’s Veggie Patties Out, Bring Back Twinkies & Chips By Investing.com

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By Christiana Sciaudone Investing.com -- Out with the veggies patties, bring on the Twinkies! Hostess Brands Inc (NASDAQ:TWNK) is up 1.5% after Stephens initiated it as a buy-equivalent alongside chip maker (the potato kind, not the tech kind) Utz Brands Inc (NYSE:UTZ), which jumped 5%.  Beyond Meat (NASDAQ:BYND), on the other hand, got a smackdown from BTIG, which downgraded the stock to neutral...

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21 January
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Dow Hits Record High as Biden Takes Helm; Netflix Rallies 17% By Investing.com

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By Yasin Ebrahim Investing.com – The Dow, S&P 500 and Nasdaq closed at record highs Wednesday, underpinned by Netflix-led rally in tech amid backdrop of growing optimism on further stimulus as Joe Biden was sworn in as U.S. President. The Dow Jones Industrial Average rose 0.83%, or 257 points to $31,188.38, above its previous all time high of 31,097.97. The S&P 500 was...

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21 January
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United Airlines Holdings Earnings, Revenue Miss in Q4 By Investing.com

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United Airlines Holdings (NASDAQ:UAL) on Wednesday reported fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations. This will be a rebuilding year, the airline said, as the entire travel industry continues to cope with the economic damage of Covid. First quarter operating revenue is expected to all 65% to 70% against the first quarter 2019, though accelerated...

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