Category Archives:
Analysis-Bitcoin futures highlight some pitfalls for new ETFs
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - The launch of the first bitcoin futures exchange traded fund (ETF) on Tuesday marks a major step toward legitimizing the cryptocurrency, but some ETF i...
Oct 19, 2021
Key Evergrande deal to sell stake in unit put on hold – sources
HONG KONG (Reuters) - China Evergrande Group's deal to sell a 51% stake in its property services unit has been put on hold, two people with knowledge of the matter said, in a blow to the embattled dev...
Oct 19, 2021
Atea Pharma’s COVID-19 treatment fails to meet study goal
(Reuters) - Atea Pharmaceuticals said on Tuesday a mid-stage trial testing its experimental COVID-19 treatment failed to meet the main goal of reducing the amount of SARS-CoV-2 virus in patients with ...
Oct 19, 2021
SoftBank, Amazon, Accel invest $108 million in banking platform Pismo
SAO PAULO (Reuters) - Brazilian banking and payments tech platform Pismo raised $108 million in an investment round led by Japan's SoftBank Group Corp, Amazon.com Inc and global venture capital firm A...
Oct 19, 2021
Car-centric Austin is building transit. Will anyone ride it?
By Tina Bellon AUSTIN (Reuters) - In 2019, Diane Guerra and her husband moved out of their two-bedroom apartment in trendy East Austin to buy a house in one of the city's booming northern suburbs. The...
Oct 19, 2021
China-linked hacking group accessing calling records worldwide, CrowdStrike says
By Joseph Menn SAN FRANCISCO (Reuters) - A hacking group with suspected ties to China burrowed into mobile telephone networks around the world and used specialized tools to grab calling records and te...
Oct 19, 2021
P&G beats quarterly sales estimates, warns of higher supply chain costs
(Reuters) - Procter & Gamble Co beat quarterly sales estimates on Tuesday as easing of pandemic-related restrictions boosted demand for its personal care products, while the company warned of higher c...
Oct 19, 2021
Risk of higher euro zone inflation on the rise: ECB’s Vasle
By Balazs Koranyi LJUBLJANA (Reuters) - Euro zone inflation is at risk of overshooting projections so the European Central Bank needs to carefully monitor price growth and should end its emergency sti...
Oct 19, 2021
U.S. insurer Travelers beats profit estimates on strong investment returns
(Reuters) - Property and casualty insurer Travelers Cos Inc reported a drop in third-quarter profit on Tuesday that still beat estimates, as higher investment returns mainly from its non-fixed income ...
Oct 19, 2021
J&J raises 2021 profit view, keeps vaccine sales outlook unchanged
(Reuters) -Johnson & Johnson on Tuesday raised its adjusted profit forecast for 2021, even as it stuck to its outlook of $2.5 billion in sales from its COVID-19 vaccine this year. The company raised i...
Oct 19, 2021
Peoria, IL, USA
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