Retail Investors Show Signs Of Fatigue After Last Year’s Trading Frenzy – Report
(Reuters) – Retail investors were less enthusiastic about buying the dip in U.S. stocks on Tuesday, the latest sign of…
January 2022
BetMGM To Turn A Profit Next Year
(Reuters) – BetMGM is expected to turn a profit next year, while revenue in 2022 is likely to exceed a…
Bank Of America Profit Beats Estimates On Loan Growth, M&A Boost
(Reuters) -Bank of America Corp reported a better-than-expected 30% jump in quarterly profit on Wednesday, as it benefited from loan…
Bank Of America Profit Jumps On M&A Boost, Loan Growth
(Reuters) – Bank of America Corp reported a jump in fourth-quarter profit on Wednesday, benefiting from loan growth and a…
British Digital Banking App Revolut Launches U.S. Stock Trading
By Hannah Lang (Reuters) – Britain-based digital banking app Revolut launched commission-free stock trading in the United States on Wednesday,…
China Wants Internet Giants To Get Approval For Investments, Fundraisings – Sources
HONG KONG/BEIJING (Reuters) – China’s cyberspace regulator has drafted new guidelines that will require the country’s large internet companies to…
Jewellery Helps Richemont Sales Jump Amid Post-pandemic Luxury Revival
By Silke Koltrowitz ZURICH (Reuters) -Strong demand for its jewellery and watches in the Americas and Europe in a post-pandemic…
Analysis-Sony Faces Deep-pocketed Rivals In War Over Future Of Gaming
By Sam Nussey TOKYO (Reuters) – Sony Group, perched atop the gaming sector, is facing a fresh challenge from cash-rich…
Chinese Property Developers Face Big Debt Maturities In 2022
By Patturaja Murugaboopathy and Andrew Galbraith (Reuters) – Chinese real estate developers are staring at enormous amounts of debt maturing…
UK Inflation Rises To Highest Since March 1992
LONDON (Reuters) – British consumer price inflation rose more than expected to 5.4% in December, up from November’s 5.1% reading…