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British lawmakers seek investigation into UK-registered firm possibly linked to Beirut blast By Reuters

By Tom Bergin LONDON (Reuters) - Two senior British parliamentarians called on Friday for an investigation into a British-registered company possibly linked to last year's devastating explosion in Beirut, after Reuters found that the firm had not disclosed its beneficial owners. The company, Savaro Ltd, is registered at a London address, and like all British firms is required to list who owns...

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Microsoft a Standout Amid Old Tech Slump By Investing.com

By Christiana Sciaudone Investing.com --  Not all legacy tech is disappointing today. While IBM (NYSE:IBM) and Intel (NASDAQ:INTC) are trading lower, Microsoft (NASDAQ:MSFT) is up 2% on a Goldman Sachs (NYSE:GS) buy initiation and a Morgan Stanley (NYSE:MS) high conviction call. Microsoft's cloud business is well-positioned to double in value, according to Goldman.  “Microsoft stands...

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EU lawmakers want Amazon, Apple, Facebook, Google CEOs at February 1 hearing By Reuters

By Foo Yun Chee BRUSSELS (Reuters) - EU lawmakers have invited the chief executives of Amazon (NASDAQ:AMZN), Apple (NASDAQ:AAPL), Facebook (NASDAQ:FB) and Alphabet (NASDAQ:GOOGL) to a Feb. 1 hearing in Brussels as they try to crack down on the powers of U.S. tech giants. The European Parliament will in the coming months provide input into proposals by the European Commission to force...

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Tech shares could retake market reins as earnings heat up By Reuters

By Lewis Krauskopf NEW YORK (Reuters) - A bevy of major U.S. earnings reports next week led by Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT) and Facebook (NASDAQ:FB) could help technology and growth stocks reassert their dominance after a recent run by banks, energy and other potential beneficiaries of an economic reopening. After leading markets higher for most of 2020, technology-related stocks took a...

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WHO says Pfizer deal could allow poor countries to start vaccinating in February By Reuters

By Emma Farge and Matthias Blamont GENEVA (Reuters) - The World Health Organization said on Friday it had reached an agreement with Pfizer/BioNTech for 40 million doses of its COVID-19 vaccine and should be able to start delivering vaccines to poor and lower-middle income countries next month under its COVAX programme. The COVAX scheme, led by the WHO and the GAVI vaccine...

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Exclusive: Buyout firm TPG in the lead for stake in AT&T’s DirecTV – sources By Reuters

By Krystal Hu and Joshua Franklin (Reuters) - Private equity firm TPG has entered into exclusive talks to acquire a minority stake in AT&T Inc (NYSE:T)'s satellite TV division DirecTV, in a deal that would allow the U.S. wireless carrier to trim its net debt of close to $150 billion, people familiar with the matter said on Friday. The exact price TPG...

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Boeing says its fleet will be able to fly on 100% biofuel by 2030 By Reuters

By Eric M. Johnson SEATTLE (Reuters) - Boeing (NYSE:BA) Co said on Friday it will begin delivering commercial airplanes capable of flying on 100% biofuel by the end of the decade, calling reducing environmental damage from fossil fuels the "challenge of our lifetime." Boeing's goal - which requires advances to jet systems, raising fuel-blending requirements, and safety certification by global regulators -...

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Dow Slips on Hit From Tech, Energy By Investing.com

By Yasin Ebrahim The Dow slipped Friday, led by Intel and IBM and weakness in energy stocks as a surprise increase in U.S. weekly crude inventories pressured oil prices. The Dow Jones Industrial Average fell 0.31%, or 96 points. The S&P 500 was down 0.16%, while the Nasdaq Composite slipped 0.03%. Intel (NASDAQ:INTC) fell 9% after reporting fiscal first-quarter...

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