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January 27, 2022

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Biden vows to nominate Black woman to U.S. Supreme Court by end of February

Reuters
Biden vows “rigorous” search for Breyer’s successor President wants Senate to “move promptly” on nominee WASHINGTON, Jan 27 (Reuters) – President Joe Biden on Thursday said he plans by the end of February to nominate a Black woman to replace retiring U.S. Supreme Court Justice Stephen Breyer, a historic first......

Oil rises, headed for sixth weekly gain, amid supply concerns

Reuters
Towers and smokestacks are silhouetted at an oil refinery in Melbourne June 21, 2010. REUTERS/Mick Tsikas/File Photo Register now for FREE unlimited access to Reuters.com Register Brent, WTI headed toward 7-year-highs hit Thursday Both benchmarks gain 15% so far this year Russia, U.S. keep door open to Ukraine diplomacy China’s......

EXCLUSIVE Tencent plans to take U.S.-listed streaming firm DouYu private -sources

Reuters
People walk past a booth of live-streaming platform Douyu at the ChinaJoy digital entertainment expo in Shanghai, China July 28, 2016. REUTERS/Stringer/File Photo Register now for FREE unlimited access to Reuters.com Register Jan 27 (Reuters) – Tencent Holdings Ltd (0700.HK) plans to take DouYu International Holdings Ltd private amid disagreements......

Apple teases metaverse AR plans, stock jumps

Reuters
Silhouette of mobile user is seen next to a screen projection of Apple logo in this picture illustration taken March 28, 2018. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register NEW YORK, Jan 27 (Reuters) – Apple Inc teased its metaverse ambitions on Thursday as CEO......

Column: Commodity prices likely to be hit by slowdown before end of 2023: Kemp

Reuters
An employee works near a mixer of fused aluminium in Krasnoyarsk, Russia, July 27, 2016. Register now for FREE unlimited access to Reuters.com Register LONDON, Jan 27 (Reuters) – Prices for a wide range of commodities have climbed to their highest level for seven years or more as drillers, miners......

Apple sales and profit top estimates as hit from chip shortages eases

Reuters
Pedestrians walk past an Apple store as Apple Inc. reports fourth quarter earnings in Washington, U.S., January 27, 2022. REUTERS/Joshua Roberts Register now for FREE unlimited access to Reuters.com Register Jan 27 (Reuters) – Apple Inc (AAPL.O) is overcoming the costly global shortage in computer chips, posting record sales over......

Robinhood posts $423 mln net loss, shares sink after hours

Reuters
Robinhood logo is seen on a smartphone in front of a displayed same logo in this illustration taken, July 2, 2021. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Jan 27 (Reuters) – Commission-free brokerage Robinhood Markets Inc (HOOD.O)on Thursday posted a $423 million net loss in......

America Movil dips on pay TV permit snag, minor impact seen

Reuters
The logo of America Movil is pictured on the wall at a reception area in the company’s corporate offices, in Mexico City, Mexico January 25, 2022. REUTERS/Gustavo Graf/File Photo Register now for FREE unlimited access to Reuters.com Register MEXICO CITY, Jan 27 (Reuters) – Shares of Mexican telecoms giant America......

Visa profit beats quarterly estimates on higher spending

Reuters
A Visa credit card is seen on a computer keyboard in this picture illustration taken September 6, 2017. REUTERS/Philippe Wojazer/Illustration Register now for FREE unlimited access to Reuters.com Register NEW YORK, Jan 27 (Reuters) – Visa Inc (V.N) beat Wall Street quarterly estimates on Thursday as improving consumer sentiment, online......

Mondelez revenue tops market estimates on strong snack demand, price hikes

Reuters
Oreo biscuits are seen displayed in front of Mondelez International logo in this illustration picture taken July 26, 2021. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Jan 27 (Reuters) – Mondelez International Inc (MDLZ.O) topped Wall Street estimates for quarterly revenue on Thursday, as the Oreo......

U.S. retail investors kept buying stocks on Fed day -analysts

Reuters
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 26, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register NEW YORK/MILAN, Jan 27 (Reuters) – Retail investors bought a net of $1.66 billion in equities on Wednesday when......

U.S., China confer on Ukraine, urge de-escalation and calm

Reuters
BEIJING/WASHINGTON, Jan 27 (Reuters) – China told the United States on Thursday it wants all sides involved in Ukraine to remain calm and avoid increasing tensions, while Washington stressed de-escalation and warned of the security and economic risks from any Russian aggression. “We call on all parties to stay calm......

Court dismisses claims Robinhood wrongly restricted “meme stock” trades

Reuters
The logo of Robinhood Markets, Inc. is seen at a pop-up event on Wall Street after the company’s IPO in New York City, U.S., July 29, 2021. REUTERS/Andrew Kelly/File Photo Register now for FREE unlimited access to Reuters.com Register Jan 27 (Reuters) – A U.S. federal court on Thursday dismissed......

EU drug regulator OKs Pfizer COVID pill for high-risk patients

Reuters
Jan 27 (Reuters) – The European Union’s drug regulator on Thursday gave the green light to Pfizer Inc’s (PFE.N) antiviral COVID-19 pill for treating adults at risk of severe illness, as the region scrambles to boost its arsenal to fight the Omicron variant. The endorsement by the European Medicines Agency......

Fiscal stimulus fuels U.S. economy in 2021 to its best performance since 1984

Reuters
Warehouse workers deal with inventory stacked up to the ceiling at an ABT Electronics Facility in Glenview, Illinois, U.S. December 4, 2018. REUTERS/Richa Naidu/File Photo Register now for FREE unlimited access to Reuters.com Register Fourth-quarter GDP increases at 6.9% rate Inventory investment accounts for bulk of growth Growth in 2021......

Textron sees higher corporate jet production, reports 4th quarter sales drop

Reuters
Cessna employee Dwight Bennett works inside of a jet during a tour of the Cessna business jet assembly line at their manufacturing plant in Wichita, Kansas August 14, 2012. One of Cessna Aircraft Company CEO and president Scott Ernes’ first moves after joining in May 2011 was to carve Cessna......

As Omicron ebbs, England revives Plan A: living with COVID

Reuters
Plan B COVID-19 measures expire in England on Thursday Beleaguered PM Johnson bets on boosters and antivirals Omicron’s lower severity and boosters improved outcomes in Jan But experts say endemic COVID may still be common and deadly LONDON, Jan 27 (Reuters) – After an uncomfortable but relatively brief return to......

Gold falls as hawkish Fed lifts U.S. dollar and yields

Reuters
Gold products are pictured on display at Korea Gold Exchange in Seoul, South Korea, August 6, 2020. REUTERS/Kim Hong-Ji Register now for FREE unlimited access to Reuters.com Register U.S. two-year Treasury yields at 23-month high Dollar index at six-week high Silver down nearly 2% U.S. weekly initial jobless claims data......

Rising costs, pandemic curbs take a bite out of McDonald’s profit

Reuters
Customers are seen at a McDonald’s fast food restaurant in Tokyo, Japan, September 26, 2017. REUTERS/Kim Kyung-Hoon/File Photo/File Photo Register now for FREE unlimited access to Reuters.com Register Jan 27 (Reuters) – McDonald’s Corp (MCD.N) missed revenue and profit expectations on Thursday, as higher costs and dismal sales in its......

Finland’s UPM sees headwinds from disrupted supply chains

Reuters
HELSINKI, Jan 27 (Reuters) – Finnish forestry company UPM said on Thursday it sees headwinds and extra costs ahead from disrupted global supply chains, leaving investors disappointed with its growth expectations for the first half of the year. The pulp, paper and biofuel maker saw its shares sink more than......

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