(Reuters) – GameStop Corp shares surged more than 50% in early deals on Thursday as amateur investors jumped back into the stock weeks after an unprecedented short squeeze triggered a 1,600% rally in the video game retailer.FILE PHOTO: A GameStop store is pictured in the Manhattan borough of New York City, New York, U.S., January 29, 2021. REUTERS/Carlo Allegri/File PhotoThe […]
Read moreMOSCOW, Feb 25 (Reuters) – Russian forestry group Segezha is planning to stage its initial public offering (IPO) in Moscow in April and has added more banks to arrange the deal, two financial market sources told Reuters on Thursday. Segezha, owned by Russian conglomerate Sistema, has added Bank of America, VTB Capital, Renaissance Capital and Gazprombank to its pool of […]
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BRUSSELS (Reuters) – European Union leaders will meet on Thursday to try to speed up the production and rollout of COVID-19 vaccines in a race against the emergence of new variants that some fear could bring a third wave of the pandemic across the continent.FILE PHOTO: Vials labelled “COVID-19 Coronavirus Vaccine” and sryinge are seen in front of displayed EU […]
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MILAN/BRUSSELS (Reuters) – AstraZeneca will deliver 180 million COVID-19 vaccines to Europe in the second quarter, including 20 million to Italy, the head of its Italian unit was quoted as saying on Thursday, but EU officials remained wary about supply.FILE PHOTO: Boxes of the Oxford/AstraZeneca COVID-19 vaccine are pictured in a refrigerator at a NHS mass coronavirus vaccination centre at […]
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Investors piled into the bricks-and-mortar video game retailer on Wednesday after the reported ousting of Chief Financial Officer Jim Bell, sending the stock soaring 103.9%. Another stock caught up in the retail frenzy, AMC Entertainment, was up 20% in premarket trade on Thursday, having climbed 18% during the previous session. Shares of GameStop climbed 52.7% in premarket trade on Thursday […]
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FILE PHOTO: The Canadian Imperial Bank of Commerce (CIBC) logo is seen outside of a branch in Ottawa, Ontario, Canada, February 14, 2019. REUTERS/Chris WattieTORONTO (Reuters) – Canadian Imperial Bank of Commerce beat analysts’ estimates for quarterly profit on Thursday, as it put aside lower-than-expected funds for loan loss provisions and its capital markets segment performed well. Adjusted net income […]
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(Reuters) – European shares rose on Thursday, led by sectors expected to benefit from a broader economic recovery, as the U.S. Federal Reserve signalled it would maintain a loose monetary policy, while Standard Chartered fell as its profit slumped.FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, February 17, 2021. REUTERS/StaffShares […]
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ARK Invest has been the talk of Wall Street over the last couple of years, outperforming the market and solidifying its place among the big players in the investments world. Cathie Wood is the founder and head of this investment house, and many have compared her rising star to the likes of Warren Buffett. With famous investors and huge brokerage […]
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FILE PHOTO: People wearing face masks wait at a bus stop on London Bridge, amid the outbreak of the coronavirus disease (COVID-19), with the City of London financial district in the background, Britain, January 8, 2021. REUTERS/John SibleyLONDON (Reuters) – British business and professional services firms have reported the biggest improvement in their outlook in more than five years but […]
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