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Market News

March 15, 2021
Real Estate Magnate Considers Competing Offer for Tribune
A real estate magnate is considering a competing bid for Tribune Publishing Co., potentially derailing a hedge fund’s takeover of the newspaper...
March 15, 2021
AMC’s Chinese Owner Gives Up Control Over World’s Largest Cinema Chain
Dalian Wanda Group Co., the conglomerate founded by Chinese billionaire Wang Jianlin, has given up its majority control over AMC Entertainment...
March 15, 2021
Bitcoin Dips From Record After Scaling $61,000 Aided by Stimulus
Bitcoin eased back after scaling $61,000 for the first time on bets that some of the pandemic relief payments in the U.S. will end up chasing the...
March 15, 2021
China’s Home Prices Grow Most in Six Months on Lower Supply
China’s home prices grew at the fastest pace in six months in February, as a lower supply of projects during a holiday season added to a fear of...
March 15, 2021
Xiaomi Jumps After U.S. Court Blocks Restrictions on Phone Maker
Xiaomi Corp.’s shares jumped in Hong Kong after a U.S. court blocked the Defense Department from restricting American investment in the Chinese...
March 15, 2021
Thoma Bravo SPAC Is Said in Talks to Take IronSource Public
Thoma Bravo’s blank-check firm is in talks to take mobile marketing company IronSource public through a merger, according to people with knowledge...
March 15, 2021
Rakuten Jumps 22% After Tencent, Walmart Investment
Rakuten Inc. gained as much as 22.7% in Tokyo, the most since 2002 on an intraday basis, after the company announced a 242 billion yen ($2.2 billion)...
March 15, 2021
U.K. House Sellers Boost Asking Prices as Buyer Inquiries Surge
Asking prices for U.K. homes rose at the quickest pace in five months in March as inquiries from potential buyers hit a record.
March 14, 2021
Oil Advances Above $66 as Week Opens With the Recovery in Focus
Oil topped $66 a barrel as traders assessed prospects for further recovery from the pandemic and the outlook for rising global demand as the OPEC+...
March 14, 2021
U.S. Deaths Fall; AstraZeneca Says Vaccine Is Safe: Virus Update
The weekly U.S. Covid-19 death toll fell to a four-month low and new infections declined further. Reluctance to get vaccinated, particularly among...