Category Archives:
Marketmind: Time to expect inflation
A look at the day ahead from Sujata Rao It's only Tuesday but ten-year Treasury yields are already up 8 basis points this week, leading a global move up in government borrowing costs after last week's...
Sep 28, 2021
Online card seller Moonpig ups full-year guidance
LONDON (Reuters) - British greetings card retailer Moonpig raised its annual revenue forecast on Tuesday, saying orders remained above pre-pandemic levels despite the lifting of lockdown restrictions....
Sep 28, 2021
Colosseum kits and plastic flowers help Lego’s earnings double
By Nikolaj Skydsgaard COPENHAGEN (Reuters) - Toymaker Lego doubled its earnings in the first six months of the year as customers flocked to its reopened stores to buy Star Wars building sets and flowe...
Sep 28, 2021
EasyJet reports 93% take-up of $1.6 billion rights issue
LONDON (Reuters) -British airline easyJet said it had received acceptances from investors for 93% of the new shares it sold as part of a 1.2 billion pound ($1.64 billion) fully underwritten rights iss...
Sep 28, 2021
TotalEnergies, China Three Gorges to form electric mobility venture in China
PARIS (Reuters) - France's TotalEnergies said on Tuesday it has signed an agreement with China Three Gorges Corporation to establish a joint venture in electric mobility in China. The venture will dev...
Sep 28, 2021
Pandemic-led U.S. home improvement demand boosts Ferguson annual profit
(Reuters) -London-listed plumbing supplies provider Ferguson Plc reported higher annual profit on Tuesday, as customers spent more on home improvement projects during the pandemic. Although the pandem...
Sep 28, 2021
Central bank digital currencies can slash cross border payment time – BIS
By Alun John HONG KONG (Reuters) - Central bank digital currencies (CBDCs) can slash the time needed for cross border payments to seconds from days and cut costs, the Bank of International Settlements...
Sep 28, 2021
ASMI expects next-gen chips to drive double-digit growth in core markets
(Reuters) -Dutch semiconductor supplier ASM International said on Tuesday it expects its gross margins to be 46%-50% between 2021 and 2025 on the back of its next-generation chips. ASMI also raised it...
Sep 28, 2021
Australian regulator aims to rein in Google’s advertising power
SYDNEY (Reuters) - Australia's antitrust regulator said on Tuesday it needed more powers to combat significant competition concerns in advertising technology, a market dominated by Alphabet Inc unit G...
Sep 28, 2021
Nintendo says ‘Donkey Kong’ area to open in Universal Studios Japan in 2024
TOKYO (Reuters) -Japan's Nintendo Co Ltd said on Tuesday that a "Donkey Kong" themed expansion to its "Super Nintendo World" in the Universal Studios Japan theme park in Osaka will open in 2024. A "Su...
Sep 28, 2021
Peoria, IL, USA
45 °F Overcast
