(Reuters) – The S&P 500 and Nasdaq rose on Wednesday, boosted by gains in technology shares, and the three major Wall Street indexes registered their fourth straight quarterly rise as investors positioned themselves for President Joe Biden’s massive infrastructure plan. Bets on a strong economic rebound supported Wall Street during the quarter even as jitters […]
The Overseas Investment Office has fined a Chinese business twice for not seeking approval before buying New Zealand properties for $7.4 million. The office said retrospective penalties were imposed on a company that had already bought the properties without clearance, in contravention of the Overseas Investment Act. That law demands all foreigners get approval before […]
(Reuters) – Technology shares led the S&P 500 to a record high on Wednesday, and the three major Wall Street indexes were set to post their fourth straight quarterly gains, as investors awaited details of President Joe Biden’s massive infrastructure plan.FILE PHOTO: American flags hang from the facade of the New York Stock Exchange (NYSE) […]
Mango, the Barcelona-based global fashion retailer, is escalating its sustainability strategy on several fronts and setting new goals. Currently, 79 percent of the Mango assortment is the “Committed” collection of men’s, women’s and kids’ garments that are recycled or have sustainable characteristics. But by 2022, Committed is expected to represent 100 percent of the assortment. […]
More than 70 Black executives demanded that corporate America push back against laws they say limit voting access. By Andrew Ross Sorkin, Jason Karaian, Michael J. de la Merced, Lauren Hirsch, Ephrat Livni and Sarah Kessler Called to account Source: Read Full Article
The New Zealand sharemarket turned into the Easter bunny, handing out useful gains to most of the leading stocks in buoyant trading. The S&P/NZX 50 Index continued to rise throughout the day, closing near the intraday high at 12,560.70 – up 113.93 points or 0.92 per cent. There were 97 gainers and just 40 decliners […]
An entire plane has taken the top prize in what are known as the airline interior Oscars. The concept plane Alice, touted as the first purely electric commuter jet, from Israeli company Eviation Aircraft, won the cabin concepts category of the 2020 Crystal Cabin Awards. Airlines, aerospace suppliers, universities, design houses and aircraft manufacturers from […]
Westfield Co. is looking to replace the Denver Mart complex with a handful of large industrial buildings. The Denver-based firm submitted a development proposal for the 451 E. 58th Ave. property to Adams County officials last year. “The project will include the development of approximately two standard industrial warehouse buildings consisting of between 300,000 and […]
NEW YORK (Reuters) – The dollar rose and a gauge of global equity markets slipped on Tuesday as rising U.S. Treasury yields dampened the appeal of the U.S. tech sector and led investors on both sides of the Atlantic to shares that stand to benefit as economies re-open.FILE PHOTO: The Wall St. sign is seen […]
WASHINGTON (Reuters) -U.S. consumer confidence raced in March to its highest level since the start of the COVID-19 pandemic, supporting views that economic growth will accelerate in the coming months, driven by more fiscal stimulus and an improving public health situation.FILE PHOTO: Shoppers ride escalators at the Beverly Center mall in Los Angeles, California November […]