(Reuters) -Shares of Take-Two Interactive Software Inc tumbled nearly 6% in premarket trading on Monday following a report that a hacker had leaked the early footage of Grand Theft Auto VI, the next installment of the best-selling videogame. The unprecedented leak included dozens of videos showing robberies, gunplay and open-world driving and was posted on…
(Reuters) – Wall Street futures fell on Monday, with rate-sensitive technology and growth stocks leading the declines as investors worried that another massive interest rate hike by the Federal Reserve could tip the U.S. economy into a recession. The S&P 500 and the Nasdaq logged their worst weekly percentage drop since June on Friday as…
MADRID (Reuters) – Amazon.com Inc has suspended the construction of new warehouses in Spain until 2024, Spanish news website El Confidencial said on Monday, citing unidentified company sources. El Confidencial said the U.S. e-commerce giant told its providers and partners to “wait and see” as pandemic-driven online shopping has slowed down. Amazon said in an…
SHANGHAI (Reuters) – Tesla completed a project to expand production capacity at its Shanghai plant on Monday, according to a statement on a Shanghai government platform for companies’ environmental information disclosures. Tesla will test the production lines for the upgrade during From Sept. 19 to Nov. 30, the statement added. Reuters previously reported Tesla had…
(Refiles to add missing word in headline) BERLIN (Reuters) – Volkswagen shares were up 3% in premarket trade on Monday, topping the German blue-chip index, after the carmaker said on Sunday it was targeting a valuation for luxury sportscar brand Porsche of up to 75 billion euros ($74.84 billion). Shares in Porsche Holding SE, Volkswagen’s…
SINGAPORE (Reuters) – Cryptocurrencies fell to fresh lows on Monday on regulatory concerns and as investors globally turned shy on risky assets with interest rate rises looming around the world. Bitcoin, the biggest cryptocurrency by market value, fell about 5% to a three-month low of $18,387. Ether, the second largest cryptocurrency, dropped 3% to a…
LONDON (AP) — The United Kingdom and the world bade farewell to Queen Elizabeth II on Monday with a state funeral that drew presidents and kings, princes and prime ministers — and crowds in the streets of London and at Windsor Castle — to honor a monarch whose 70-year reign defined an age. In a…
By Wayne Cole SYDNEY (Reuters) – Shares slipped in Asia on Monday and the dollar firmed as investors braced for a packed week of central bank meetings that are certain to see borrowing costs rise across the globe, with some risk of a super-sized hike in the United States. Markets are already fully priced for…
A choppy day of trading on Wall Street ended with stocks closing higher Monday as investors brace for another big interest rate increase this week from the Federal Reserve. The indexes swayed between modest gains and losses for much of the day before a burst of buying in the final hour of trading. The S&P…
BEIJING (Reuters) -China will speed up fund injections to expedite project construction and boost domestic consumption, China’s state planner said at a news conference on Monday. That came after the world’s second-biggest economy slowed sharply in the second quarter, dragged down by a deepening property crisis, and slowing exports and imports. “The economy is at…
