Burberry, financials drag FTSE 100 lower

(Corrects day in paragraph 6 to “Friday” from “Thursday”)A man shelters under an umbrella as he walks past the London Stock Exchange in London, Britain, August 24, 2015. REUTERS/Suzanne Plunkett/File Photo(Reuters) – London’s FTSE 100 edged lower on Monday, dragged down by losses in heavyweight financial and consumer discretionary stocks, while Burberry slipped to the bottom of the index after […]

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China's factory activity seen growing at a slower pace in June: Poll

BEIJING (Reuters) – Chinese factory activity likely expanded at a slower pace in June, hit by a resurgence of COVID-19 cases in the major export province of Guangdong, a Reuters poll showed on Monday, though quick containment indicates economic disruption is easing.Employees work on a production line manufacturing metal parts for furniture at a factory in Hangzhou, Zhejiang province, China […]

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Singapore files 13 more charges in massive nickel trading fraud

SINGAPORE (Reuters) – Singapore prosecutors on Monday filed 13 additional charges against a local businessman in relation to a scheme that allegedly raised more than S$1 billion ($746 million) from investors to fund bogus nickel trades.FILE PHOTO: A view of Envy Global Trading’s office in Singapore February 22, 2021. Picture taken February 22, 2021. REUTERS/Chen Lin/File PhotoAuthorities in the city […]

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Chinese flock to home-grown brands in golden opportunity for investors

(Corrects Nina Gong’s location in the last paragraph to Beijing, not Shanghai)FILE PHOTO: Customers leave a store of Chinese bubble tea chain Nayuki in Beijing, China June 24, 2021. REUTERS/Tingshu Wang/File PhotoBEIJING/HONG KONG (Reuters) -He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 […]

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North Koreans worry over 'emaciated' Kim Jong Un, state media says

SEOUL (Reuters) – Everyone in North Korea is heartbroken over leader Kim Jong Un’s apparent weight loss, said an unidentified resident of Pyongyang quoted on the country’s tightly controlled state media, after watching recent video footage of Kim.FILE PHOTO: North Korean leader Kim Jong Un speaks during the fourth-day sitting of the 3rd Plenary Meeting of 8th Central Committee of […]

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Alphabet Scares Off More Short Sellers

Alphabet Inc. (NASDAQ: GOOGL) ranks as one of the largest companies in the world, with a market cap over $1.7 trillion. It is in an elite club with the likes of Apple, Microsoft and Amazon, all with market caps over $1 trillion, and a couple over $2 trillion. However, its short interest hardly compares to most of these big names. […]

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Fox News Poll: Half of voters are unfamiliar with critical race theory

Fox News Flash top headlines for June 25 Fox News Flash top headlines are here. Check out what’s clicking on Foxnews.com. As critical race theory continues to be hotly debated among parents, educators, and politicians across the country, a Fox News Poll finds that half are unfamiliar with the concept. The survey, released Friday, shows many registered voters are unacquainted […]

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U.S. senators try again with $3 billion pandemic bill -sources

WASHINGTON (Reuters) – The leaders of the U.S. Senate Foreign Relations Committee are preparing a $3 billion bipartisan bill to prepare for the next global health crisis, congressional aides said on Friday, trying again to pass a pandemic plan after similar efforts stalled last year.Slideshow ( 2 images )Senators Bob Menendez and Jim Risch, the Democratic chairman and top Republican […]

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