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Dow Gains as Energy Rally Powers Bulls; Georgians Cast Votes

By Yasin Ebrahim Investing.com – The Dow rose Monday led by energy on surging oil prices, but gains were kept in check by political uncertainty as investors awaited the results from Georgia election run-offs. The Dow Jones Industrial Average rose 0.47%, or 141 points. The S&P 500 was up 0.45%, while the Nasdaq Composite added 0.62%.  Energy stocks supported the broader market as...

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U.K. shares higher at close of trade; Investing.com United Kingdom 100 up 0.23%

Investing.com – U.K. equities were higher at the close on Tuesday, as gains in the Oil Equipment Services & Distribution, Oil & Gas Producers and General Retailers sectors propelled shares higher. At the close in London, the Investing.com United Kingdom 100 rose 0.23%. The biggest gainers of the session on the Investing.com United Kingdom 100 were Next PLC (LON:NXT),...

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Prada fashions 2020 operating profit from second half rebound

MILAN (Reuters) -Italian fashion group Prada said on Tuesday that it would close 2020 with an operating profit after a strong recovery from a first half coronavirus-driven sales slump. The Milanese luxury brand said it had decided to provide the unscheduled business update before disclosing full-year results in March in order to avoid uncertainty over its performance due to the COVID-19 pandemic....

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UK’s Three offers unlimited data to disadvantaged children in lockdown

LONDON (Reuters) - British mobile network Three UK will provide free unlimited data to disadvantaged children in England after schools shut during lockdown, the latest operator to try to prevent children from falling behind during the pandemic. Many broadband operators, including market leader BT, have removed data caps, and mobile operators have provided data packages for children in households that lack broadband....

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UK broadcaster talkRADIO removed from YouTube

LONDON (Reuters) - British national radio station talkRADIO on Tuesday said that YouTube had removed its channel from the video-sharing platform and had given no detailed reason for doing so. TalkRADIO has more than 400,000 listeners and is regulated by Britain's main broadcast watchdog, Ofcom. "We urgently await a detailed response from Google/YouTube about the nature of the breach that has...

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Wall Street Edges Higher at Open, With Eyes on Georgia; Dow up 25 Pts

By Geoffrey Smith  Investing.com -- U.S. stock markets opened higher on Tuesday, as investors appeared largely content to adopt a wait-and-see policy ahead of the runoff elections for Georgia's two Senate seats. The outcome of those elections - which is only expected to be clear on Wednesday morning according to state officials - will determine who has control of the Senate for the...

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Georgia Runoffs, Yuan High, OPEC+ Deadlock – What’s up in Markets

By Geoffrey Smith  Investing.com -- Georgia holds its key Senate election runoffs, China's yuan gets fixed at its highest level in 15 years, while Germany is set to extend its current partial lockdown by six weeks. Sterling recovers after the U.K. announced it's going into full lockdown for six weeks. Amazon scraps its healthcare JV with JPMorgan and Berkshire Hathaway, while OPEC and...

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Network International hires Mastercard executive as new CEO

(Reuters) - Payments processor Network International said on Tuesday Mastercard (NYSE:MA) Inc executive Nandan Mer would succeed industry veteran Simon Haslam as the UK-listed company's new chief executive officer. Network International, whose stock price roughly halved in value last year amid reports of short-selling, said Haslam would retire and step down from the role by the end of January....

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NYSE Scraps Plan to Delist China Telcos in ‘Bizarre’ U-Turn

(Bloomberg) -- The New York Stock Exchange said it will no longer delist China’s three biggest state-owned telecommunications companies, backtracking on a plan that had threatened to escalate tensions between the world’s largest economies. The U-turn came with scant explanation just four days after the NYSE said it would remove the shares to comply...

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