Business
SoftBank Shares Breach Y10,000, Hits Two-decade High, On Record Vision Fund Profit
Japan's SoftBank Group Corp shares climbed above 10,000 yen apiece on Tuesday, hitting twodecade highs, a day after the group's Vision Fund unit reported record profits as portfolio company listings accelerate.
Tesla Electrifies Bitcoin With $1.5 Billion Bet, Car Payments Pledge
Tesla Inc said on Monday it had invested around $1.5 billion in bitcoin and expected to begin accepting payment for its cars and other products with it in the near future, prompting a more than 10% jump in the electronic currency.
Asian Shares Rise As Optimism Grows Over Global Recovery
Asian shares mostly rose Monday, echoing the rally on Wall Street last week, with Japan's benchmark momentarily reaching threedecade highs on growing optimism over the global economy.
Exports From UK To EU Down 68% Since Brexit Trade Deal, Say Hauliers
Exports from Britain to the European Union fell by 68% in January as trade was disrupted after the end of a transition period following Britain's departure from the European Union, according to a trade body representing hauliers.
Oxford-AstraZeneca Vaccine Effective Against UK Covid-19 Variant, Study Finds
Oxford University scientists who developed the ChAdOx1nCoV19 vaccine have found that it remains effective against at least one of the new variants of the disease, called the B.1.1.7 Kent' coronavirus strain after the southeast England region where it was...
Oil Hits Highest In A Year On Growth Hopes, OPEC+ Cuts
Oil prices hit its highest in a year on Friday, closing in on $60 a barrel, supported by economic revival hopes and supply curbs by producer group OPEC and its allies.
Making Assessment of True State of NPAs in Banks, Says RBI Governor Shaktikanta Das
Replying to a question on whether the RBI will go for an asset quality review (AQR), as suggested by the Economic Survey 2020-21, the governor said the central bank's supervision exercise is already doing what an AQR requires.
Sanofi Eyes Mores Savings, Higher Profitability After Earnings Rise
Sanofi said on Friday it aimed to grow earnings per share this year after it posted strongerthanexpected results in the fourth quarter, and the drugmaker committed to boosting cost savings and profitability further through to 2025.
Investors Flock To $5 Billion Alibaba Bond Deal, Shrug Off Regulatory Woes
Alibaba Group Holding Ltd's $5 billion U.S.dollar bond offering received demand for eight times the debt offered, underscoring global investors' faith in founder Jack Ma's ecommerce behemoth despite a regulatory crackdown on his empire.
Indian Railway Finance Corporation Sells $750 Million Worth of Bonds at 2.8 percent
This was the first debt market activity that Railways' financing arm undertook after it went public on January 29 following the biggest initial public offer (IPO) of the fiscal, collecting Rs 4,633 crore through a public issue.
Raanta Makes 39 Saves, Coyotes Beat Blues 4-3
Antti Raanta made 39 saves, Tyler Pitlick and Nick Schmaltz scored firstperiod goals and the Arizona Coyotes beat the St. Louis Blues 43 on Thursday night.
More GameStops Possible As Small Investors Flex Muscles
GameStop and a handful of other stocks whose meteoric rise last month shocked Wall Street began falling back to Earth this week.
Kohl's Offers Mixed Picture For Holiday Quarter
Kohl's Corp. delivered a better assessment of fiscal fourthquarter earnings, but a key sales measure was down more than analysts expected.
US Productivity Fell Sharply In Q4 While Labor Costs Rose
U.S. productivity fell sharply in the OctoberDecember quarter while labor costs rose.
Reddit Trading Frenzy Stalls As Focus Turns To Yellen Meeting
Stocks at the heart of a recent social mediadriven buying frenzy were subdued in early U.S. trading on Thursday, a possible signal that wild gyrations which roiled financial markets were fizzling out just as regulators meet to discuss the volatility.
Retail Frenzy Stalls As Focus Falls On Regulator Meeting
Stocks at the heart of a recent buying frenzy driven by social media slipped in thin European trade on Thursday, adding to the sense that their spectacular rallies might be fizzling just as U.S. regulators meet to discuss last week's wild ride.