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05 Февраль
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Debt-Laden Oil Majors in Retreat Mode Even as Crude Rallies By Bloomberg

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(Bloomberg) -- The wreckage of 2020 still looms large in the boardrooms of Big Oil as executives this week laid out deep spending cuts and plans to repay stubbornly-high debt even as crude rallies to the highest in more than a year. Royal Dutch Shell (LON:RDSa) Plc on Thursday added itself to the growing list of supermajors to post disappointing fourth quarter results....

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05 Февраль
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Amazon bucks UK’s grim labour market with 1,000 apprenticeships By Reuters

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LONDON (Reuters) - Amazon (NASDAQ:AMZN) brought a little cheer to Britain's pandemic- battered labour market on Friday, saying it will recruit more than 1,000 apprentices in 2021. Britain's unemployment rate hit 5% in November, its highest since mid-2016, according to official data. The retail sector has been particularly badly hit by the coronavirus crisis. According to the Centre for Retail Research, the...

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05 Февраль
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Samsung considers Austin for $17 billion chip plant, eyes tax breaks of at least $806 million – documents By Reuters

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By Stephen Nellis and Hyunjoo Jin (Reuters) - Samsung Electronics (LON:0593xq) Co Ltd is considering Austin, Texas, as one of the sites for a new $17 billion chip plant that the South Korean firm said could create 1,800 jobs, according to documents filed with Texas state officials. The tech giant is seeking combined tax abatements of $805.5 million over 20 years from...

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05 Февраль
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New UK regulator to be able to enforce audit, consulting split at big accountancy firms – Sky News By Reuters

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(Reuters) - Britain's new audit regulator will be able to enforce a formal split between the audit and consulting arms of big accountancy firms under plans to be set out in a government consultation document in the coming weeks, a Sky News journalist tweeted https:// on Thursday. The consultation document is also expected to say that the Audit, Reporting and Governance Authority,...

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05 Февраль
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SoftBank third-quarter earnings recovery seen driven by IPO boom By Reuters

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By Sam Nussey TOKYO (Reuters) - SoftBank Group Corp is expected to extend earnings recovery when it reports third quarter results on Monday as frothy markets drive a rally in the value of its tech investment portfolio and offer fertile ground for listings. The Japanese conglomerate is seen posting a net profit of 171 billion yen ($1.63 billion) in the October-December quarter,...

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05 Февраль
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Ford boosts investment plan for EVs and self driving vehicles, reports loss By Reuters

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By Ben Klayman and Paul Lienert DETROIT (Reuters) - Ford Motor (NYSE:F) Co on Thursday more than doubled the amount of money it plans to invest on electric and autonomous vehicles, to $29 billion, even as it posted a fourth-quarter net loss of $2.8 billion. The No. 2 U.S. automaker also said the global semiconductor chip shortage could lead to a 10%...

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05 Февраль
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Wynn Resorts Earnings, Revenue miss in Q4 By Investing.com

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Wynn Resorts (NASDAQ:WYNN) reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations. Wynn Resorts announced earnings per share of $-2.45 on revenue of $686M. Analysts polled by Investing.com anticipated EPS of $-2.29 on revenue of $728.94M. Wynn Resorts shares are down 3% from the beginning of the year and are trading...

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05 Февраль
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NortonLifeLock Inc Earnings, Revenue beat in Q3 By Investing.com

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NortonLifeLock Inc reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations. NortonLifeLock Inc announced earnings per share of $0.38 on revenue of $639M. Analysts polled by Investing.com anticipated EPS of $0.3726 on revenue of $630.48M. NortonLifeLock Inc shares are up 7% from the beginning of the year and are trading at $21.20 ,...

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05 Февраль
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Snap beats Wall Street expectations for user growth, revenue By Reuters

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By Sheila Dang (Reuters) - Snap Inc (NYSE:SNAP), owner of popular photo-messaging app Snapchat, on Thursday beat analysts' estimates for both user growth and revenue, but warned that upcoming privacy changes from Apple Inc (NASDAQ:AAPL) could hurt the business. Shares of Snap declined 6% to $54.70 in trading after the bell. Snap said Apple Inc's planned privacy changes, which will...

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04 Февраль
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Yellen Says U.S. to Determine If Stock Mania Warrants Action By Bloomberg

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(Bloomberg) -- Treasury Secretary Janet Yellen called for a deeper understanding of what is happening with the recent stock-market frenzy as she and other U.S. regulators meet later Thursday to discuss whether any action is warranted. “We need to understand deeply what happened before we go to action, but certainly we’re looking carefully at...

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