Sunday, February 28, 2021

Banking

Sunak to give UK Infrastructure Bank £12 billion of capital in budget

By Lawrence White, Iain Withers and Muvija M LONDON (Reuters) – As the finance industry prepares for life post-pandemic, commercial banks are moving quickly to harness working from home to cut costs, while investment banks are keen to get...

Robinhood plans confidential IPO filing as soon as March – Bloomberg News

By Julie Zhu and Yilei Sun HONG KONG/BEIJING (Reuters) – China’s Huawei plans to make electric vehicles under its own brand and could launch some models this year, four sources said, as the world’s largest telecommunications equipment maker, battered...

Wall Street Week Ahead: Investors weigh new stock leadership as broader market wobbles

By Lewis Krauskopf NEW YORK (Reuters) – A shakeup in stocks accelerated by the past week’s surge in Treasury yields has investors weighing how far a recent leadership rotation in the U.S. equity market can run, and its implications...

SoftBank reaches settlement with former WeWork CEO Neumann

By Lawrence White, Iain Withers and Muvija M LONDON (Reuters) – As the finance industry prepares for life post-pandemic, commercial banks are moving quickly to harness working from home to cut costs, while investment banks are keen to get...

Sunak warns of bill to be paid to tackle Britain’s ‘exposed’ finances – FT

By Gavin Jones and Jan Strupczewski ROME/BRUSSELS (Reuters) – The world’s financial leaders agreed on Friday to maintain expansionary policies to help economies survive the effects of COVID-19, and committed to a more multilateral approach to the twin coronavirus...

Exclusive: European officials urge World Bank to exclude fossil-fuel investments

By Herbert Lash NEW YORK (Reuters) – Global equity markets swooned on Friday, even as the Nasdaq and S&P 500 tried to recover and the bond rout eased a bit, but fears of rising inflation still weighed on sentiment...

GameStop rally fizzles; shares still register 151% weekly gain

By Herbert Lash NEW YORK (Reuters) – Global equity markets swooned on Friday, even as the Nasdaq and S&P 500 tried to recover and the bond rout eased a bit, but fears of rising inflation still weighed on sentiment...

Sunak to use budget to expand apprenticeships in England

LONDON (Reuters) – British finance minister Rishi Sunak will announce more funding for apprenticeships in England when he unveils his budget next week, the government said on Friday. Employers taking part in the Apprenticeship Initiative Scheme will from...

Analysis: How idled car factories super-charged a push for U.S. chip subsidies

By Julie Zhu and Yilei Sun HONG KONG/BEIJING (Reuters) – China’s Huawei plans to make electric vehicles under its own brand and could launch some models this year, four sources said, as the world’s largest telecommunications equipment maker, battered...

Global stocks slide on inflation fears, dollar gains

By Herbert Lash NEW YORK (Reuters) – The Nasdaq recovered as the bond rout retreated on Friday, but most other equity markets swooned around the world as data showing a strong rebound in U.S. consumer spending kept fears of...
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Indore: Her Indoripan is insta hit on social media

Indore: Indore’s Anmol Thakur’s journey in the tinsel world has been full of ups and downs. A professional...
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