Stock Market

News Stock Market

Deal on EU tech rules possible by June, key lawmaker says

By Foo Yun Chee BRUSSELS (Reuters) – European Union lawmakers and countries could reach a deal by the end of June on proposed tech rules forcing online platforms to better.

Read More
News Stock Market

Pardes to Start Trial of Covid-19 Antiviral Pill

By Sam Boughedda Investing.com — Pardes Biosciences Inc (NASDAQ:PRDS) expects to start a mid-to-late stage trial of its new Covid-19 antiviral pill by mid-year, the company said Monday. The announcement saw.

Read More
News Stock Market

Price increases to help Michelin exceed pre-pandemic profits this year

PARIS (Reuters) – Michelin (PA:MICP) expects this year’s profits to exceed pre-pandemic levels, the French tyre maker said on Monday, as it posted better-than-expected 2021 results helped by volume and price increases.

Read More
News Stock Market

Carnival Gains on Plans for Full Service by May

By Dhirendra Tripathi Investing.com – Carnival (NYSE:CUK) stock (NYSE:CCL) rose 0.7% on Monday after the cruise operator said the opening of the Alaska season in May will mark the return.

Read More
News Stock Market

Noom diet app reaches $62 million settlement over automatic subscription renewals

By Jonathan Stempel NEW YORK (Reuters) – Noom Inc reached a $62 million settlement of a lawsuit accusing the weight loss app provider of tricking customers into signing up for.

Read More
News Stock Market

Asia stocks skid on Ukraine fears, oil scales 7-year peak

By Wayne Cole SYDNEY (Reuters) – Asian shares and European stock futures sagged on Monday as warnings that Russia could invade Ukraine at any time sent oil prices to seven-year.

Read More
News Stock Market

More airlines likely to avoid Ukraine’s airspace – advisory firm

By Jamie Freed (Reuters) – More airlines are likely to avoid Ukraine’s airspace amid insurance issues and a decision by leading European carriers to stop overflights after a U.S. warning.

Read More
News Stock Market

Standard Chartered HK says it has qualified as direct CIPS offshore participant

SHANGHAI (Reuters) – Standard Chartered (OTC:SCBFF) Bank (Hong Kong) Ltd said on Monday that it has become the first foreign bank qualified as a direct participant in China’s Cross-border Interbank.

Read More
Business News Stock Market

Australia’s Crown Resorts backs $6.3 billion Blackstone bid, ending Packer era

By Byron Kaye and Shashwat Awasthi SYDNEY (Reuters) – Crown Resorts Ltd backed a $6.3 billion buyout from private equity giant Blackstone (NYSE:BX) Inc on Monday, giving billionaire James Packer.

Read More
News Stock Market

Lockheed scraps $4.4 billion deal to buy Aerojet amid regulatory roadblocks

(Reuters) – U.S. arms maker Lockheed Martin Corp (NYSE:LMT) called off plans on Sunday to acquire rocket engine maker Aerojet Rocketdyne Holdings (NYSE:AJRD) Inc for $4.4 billion amid opposition from U.S. antitrust.

Read More