(Reuters) – The Nasdaq and S&P 500 indexes fell on Friday following a glum quarterly earnings report from Amazon.com, while data showing a strong rise in June consumer spending reinforced
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China education fund tumbles after ill-timed launch
SHANGHAI (Reuters) – Following an ill-timed launch, a Chinese fund that promised to offer global investors a “golden” opportunity to buy Chinese education stocks has dropped more than 40% this
Credit Suisse creates new asset management risk role
ZURICH (Reuters) – Credit Suisse, recently hit by the Archegos and Greensill scandals, has created a new role of chief risk officer for asset management that will be filled by
Michael Cullen: Slogans won’t dig us out of the mire
OPINION: The past few weeks have seen floods in mid-Canterbury, Buller and Marlborough, floods in Germany, Belgium, China and England, and unprecedented heatwaves in the American northwest and western Canada.
COVID-19: One in seven British shops now lie empty – and rates are increasing despite the economy reopening
One in seven shops across Britain is lying empty – with the number rising over the last three months even as the economy reopened, new figures show. The vacancy rate
Hedge Fund Buys Paper. Hedge Fund Closes Paper.
The Bowie-Blade News, a 41-year-old weekly newspaper in Bowie, Md., published its final print edition on Thursday, two months after its parent company, Tribune Publishing, was sold to the New
Inflation is coming – Should we be worried? Kiwi experts weigh in
Thanks to shipping delays, labour shortages and trillions of dollars of central bank money, Covid-19 has delivered the biggest inflation shock the world has seen in more than a decade.
Rosy earnings lift US stocks to record peaks, dollar at 1-month low
NEW YORK (Reuters) -Strong company earnings and solid economic growth data pushed U.S. shares to record highs on Thursday, though the Federal Reserve’s message earlier this week that it was
The Olympics has helped to boost the Peacock streaming platform.
The Tokyo Games may have been marred by a yearlong delay, a recent surge in coronavirus cases and the exit of marquee athletes, but the flurry of events and the
Trevor Milton, the Nikola Founder, Is Charged With Securities Fraud
Federal prosecutors on Thursday filed securities fraud charges against Trevor Milton, the former chief executive of the electric vehicle start-up Nikola, the most prominent case against an executive with a