NEW YORK (Reuters) – Global equity markets slid on Tuesday as a rally in commodity-related assets yielded to fears of an over-bought market as investors dumped tech stocks, but remarks by Federal Reserve Chair Jerome Powell helped calm jitters.FILE PHOTO: Dividers are seen inside a trading post on the trading floor as preparations are made for the return to trading […]
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FILE PHOTO: Federal Aviation Administration (FAA) Chief Steve Dickson pilots a Boeing 737 MAX aircraft on takeoff of an evaluation flight from Boeing Field in Seattle, Washington, U.S. September 30, 2020. Mike Siegel/Pool via REUTERS(Reuters) – U.S. Federal Aviation Administration chief Steve Dickson warned on Tuesday of a changed industry in the wake of the COVID-19 pandemic that has shaken […]
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FILE PHOTO: Signage is seen at the headquarters of the Federal Communications Commission in Washington, D.C., U.S., August 29, 2020. REUTERS/Andrew KellyWASHINGTON (Reuters) – The Federal Communications Commission (FCC) will vote on March 17 on a plan to make a key block of mid-band spectrum available for auction and deployment in next-generation wireless 5G networks. Acting FCC Chairwoman Jessica Rosenworcel […]
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MILAN (Reuters) – A consortium of investors led by Italian state lender Cassa Depositi e Prestiti (CDP) is expected to approve a binding offer for Atlantia’s 88% stake in motorway unit Autostrade per l’Italia on Tuesday, two sources close to the matter said.FILE PHOTO: A logo of the Atlantia Group is seen outside its headquarters in Rome, Italy August 31, […]
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JOHANNESBURG (Reuters) – South Africa’s health minister said on Tuesday that government advisers had organised COVID-19 vaccines into three groups and those considered for “immediate use” were the Johnson & Johnson (J&J), Pfizer and Moderna shots.FILE PHOTO: South African Health Minister Zweli Mkhize receives the Johnson and Johnson coronavirus disease (COVID-19) vaccination at the Khayelitsha Hospital near Cape Town, South […]
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FILE PHOTO: The Twitter App loads on an iPhone in this illustration photograph taken in Los Angeles, California, U.S., July 22, 2019. REUTERS/Mike Blake/File PhotoBRUSSELS (Reuters) – Twitter said on Tuesday it had taken down 373 accounts which it said had ties to Russia, Armenia and Iran and had breached its platform manipulation policies. The company said it had taken […]
Read moreHousing market is the ‘best performing segment of the economy’: NAHB CEO NAHB CEO Jerry Howard discusses the mass exodus from cities creating a high demand in the housing market and regulations slowing down home building. U.S. home prices rose in December at their fastest pace in nearly seven years, boosted by record-low mortgage rates and an undersupply of housing […]
Read more(Adds Bank of England comments) LONDON, Feb 23 (Reuters) – Britain’s plans to change capital requirement rules for insurers following its departure from the European Union are about tailoring them to local conditions rather than any “gratuitous deregulatory agenda,” its financial services minister said. Britain inherited the Solvency II insurance capital rules from the EU, which it left on Dec. […]
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MicroStrategy CEO Michael Saylor told CNBC Tuesday he sees bitcoin's market value reaching $100 trillion one day, a bold call predicting a 100 times increase. The comments came even as the price of the digital coin fell more than 10% Tuesday. "As it marches toward $100 trillion, you're going to see the growth rates fall, the volatility fall," said Saylor, […]
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