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Market News
October 6, 2021
Tesco Launches Buyback, Lifts Forecast as Profit Recovers
Tesco Plc will buy back 500 million pounds ($680 million) of stock and raised its profit forecast in an attempt to lift its lagging share price after...
October 6, 2021
Supply Squeeze Means German Factories Turn Into Risk to Recovery
Severe material shortages and long delivery times are weighing on demand for German manufactured goods, signaling that the country’s recovery may...
October 6, 2021
Hong Kong Can Retain International Aviation Hub Status, Lam Says
Even though Hong Kong is one of the few places left in the world adhering to a Covid-zero approach, the city’s Chief Executive Officer Carrie Lam...
October 6, 2021
Bitcoin Bulls Eye Fresh Peaks After Bucking Global Market Swoon
Animal spirits are stirring again for Bitcoin after the token surged about 25% in the past seven days toward levels last seen five months ago.
October 6, 2021
Volvo Lands Order for 100 Electric Trucks in ‘Breakthrough’ Deal
DFDS A/S, Northern Europe’s largest shipping and logistics company, is buying 100 electric heavy trucks from Volvo Group as pollution and noise...
October 6, 2021
Here Are Some Stock Winners and Losers in India’s Power Crunch
A shortage of coal, the fuel used to generate about 70% of India’s electricity, is likely to have repercussions far and wide for the nation’s...
October 6, 2021
China Releases Australian Coal Trapped in Storage, Reuters Says
China is releasing Australian coal from bonded storage as it seeks more fuel to relieve its stressed power system, Reuters reported.
October 6, 2021
India Plans to Allow 20% Foreign Investment in Insurer Planning Nation’s Biggest IPO
India is considering a proposal for foreign investors to own as much as 20% in Life Insurance Corporation, according to a person with knowledge of...
October 6, 2021