FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, February 9, 2021. REUTERS/Staff(Reuters) – European shares rose on Wednesday as a set of upbeat quarterly earnings reports from firms including SocGen helped boost optimism around a faster vaccine-led economic recovery this year. France’s Societe Generale gained 2.9% after it beat profit […]

FILE PHOTO: Trading information for GameStop is displayed on the Robinhood App in this photo illustration January 29, 2021. REUTERS/Brendan McDermid/Illustration(Reuters) – The family of a 20-year-old stock trader who committed suicide sued the broker Robinhood for his death, citing its “misleading communications” that caused their son to panic over what he wrongly believed were huge market losses, according to […]

MOSCOW (Reuters) – An ally of Kremlin critic Alexei Navalny on Tuesday announced plans for a new nationwide protest in support of the jailed politician, telling Russians to gather in residential courtyards on Sunday evening and turn on their mobile phone torches.FILE PHOTO: Leonid Volkov, chief of staff of Navalny’s team, speaks during a news conference with “Cinema for Peace” […]

Charles Schwab said Wednesday it is laying off about 200 employees amid its integration with TD Ameritrade. This is the most recent round of layoffs, following a purge of 1,000 employees in October 2020. The $22 billion Schwab-TD Ameritrade merger closed in October of last year, creating an online brokerage behemoth with nearly $6.7 trillion in client assets and nearly […]

SHANGHAI (Reuters) – A team of experts appointed by the World Health Organization (WHO) completed its 28-day mission to the Chinese city of Wuhan this week seeking clues about the origins of COVID-19.FILE PHOTO: Peter Ben Embarek, a member of the World Health Organization (WHO) team tasked with investigating the origins of the coronavirus disease (COVID-19), attends the WHO-China joint […]

TOKYO (Reuters) – Japan’s No. 3 automaker Nissan Motor Co on Tuesday trimmed its loss forecast for the current financial year by more than a third as the automaker benefited from a rebound in demand led by China and cost cuts.FILE PHOTO: A visitor is seen at Nissan Motor Corp.’s showroom in Tokyo, Japan November 11, 2020. REUTERS/Issei KatoThe rebound […]

DUBAI (Reuters) – Saudi Aramco is preparing a financing package of up to $10 billion that it could offer to buyers of its pipeline business unit, three sources said, as the oil giant seeks to extract value from its assets in an era of lower oil prices.Slideshow ( 2 images )Aramco is in talks with banks to provide “staple financing”, […]

BOSTON (Reuters) – Billionaire investor Daniel Loeb called Intel’s resources “unmatched” in the semiconductor industry and said his firm, Third Point, is “excited” to be a long-term investor.Slideshow ( 2 images )Loeb updated Third Point’s clients on progress at Intel in a letter seen by Reuters. Less than eight weeks ago he pushed the company to attract fresh talent, keep […]

MOSCOW (Reuters) – Alexei Borisov was diagnosed by doctors as having a punctured lung, three fractured ribs and a broken tooth after he attended a rally on Jan. 31 in support of Russian opposition politician Alexei Navalny.Truck driver Alexei Borisov, who was injured during a rally in support of Russian opposition politician Alexei Navalny, is seen in a hospital in […]