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Market News
October 28, 2021
Hungary to Allow Firms to Mandate Covid Vaccine as Cases Surge
Grappling with surging coronavirus cases and a stalled vaccination program, Hungary allowed companies to force staff to get a Covid-19 vaccine as a...
October 28, 2021
China Life’s Profit Falls as Slowing Economy Weighs on Insurer
China Life Insurance Co. posted a drop in third-quarter profit as a slowing economy weighed on the nation’s largest life insurer.
October 28, 2021
Shell CEO Defends Strategy Against Loeb Bid to Split Oil Major
Royal Dutch Shell Plc mounted a robust defense against activist investor Dan Loeb’s bid to split the company and pension funds that are dumping its...
October 28, 2021
Israel Needs More Jabs, Tourist Safeguards to Avoid Fifth Covid Wave
Israel must do more to break down vaccine resistance and implement tougher safeguards as foreign tourists start returning next month, or risk a fifth...
October 28, 2021
Cybersecurity Firm Dragos Nears $2 Billion Value After Funding
Cybersecurity startup Dragos Inc. has raised a $200 million funding round co-led by a BlackRock Inc. fund and Koch Industries Inc., an investment...
October 28, 2021
Hip-Hop Record Label 300 to Seek $400 Million in Sale
300 Entertainment, the record label of Megan Thee Stallion and Young Thug, is exploring a sale, according to two people familiar with the process.
October 28, 2021
Nokia Gains on Earnings Beat as Investors Shrug Off Chip Caution
Nokia Oyj shares increased after third-quarter profit beat expectations with investors shrugging off management warnings over component prices and...
October 28, 2021
Evergrande’s Next Bond Deadline Nears With Contagion Risk Rising
China Evergrande Group’s next bond payment deadline is fast approaching as investors scrutinize the developer for clues on the severity of a cash...
October 28, 2021
Sunak’s Budget Giveaways Spur Bets for BOE Rate Hike Next Week
Chancellor of the Exchequer Rishi Sunak’s unexpected budget giveaway increased the prospects of a Bank of England interest-rate hike next week.
October 28, 2021