(Reuters) – Wall Street dipped on Tuesday, pulled lower by energy stocks and threatening to put an end to a recent rally, while investors awaited the result of the Federal Reserve’s two-day policy meeting.FILE PHOTO: The front facade of the New York Stock Exchange (NYSE) is seen in New York, U.S., February 12, 2021. REUTERS/Brendan […]
FILE PHOTO: A Wall St. street sign is seen near the New York Stock Exchange (NYSE) in New York City, U.S., September 17, 2019. REUTERS/Brendan McDermidNEW YORK (Reuters) – The Cboe Volatility Index, known as Wall Street’s “fear gauge,” slipped to a fresh COVID-19 pandemic low on Tuesday, as U.S. stocks soared to new highs […]
WASHINGTON (Reuters) – U.S. retail sales fell more than expected in February amid bitterly cold weather across the country, but a rebound is likely as the government disburses another round of pandemic relief money to mostly lower- and middle-income households. The harsh weather also took a bite out of production at factories last month as […]
FILE PHOTO: European Commission vice-president and digital commissioner Margrethe Vestager gestures as she speaks during a news conference on the EU Roaming Regulation, in Brussels, Belgium February 24, 2021. Olivier Matthys/Pool via REUTERSBRUSSELS (Reuters) – EU antitrust enforcers have teamed up with their U.S. and British counterparts to share expertise on how to examine mergers […]
HONG KONG — The new, high-rolling Chinese owner was supposed to return Inter Milan to its glory days. It spent heavily on prolific scorers like Romelu Lukaku and Christian Eriksen. After five years of investment, the storied Milan soccer club is within striking distance of its first Italian league title in a decade. Now the […]
Recent Sale $4.2 MILLION 10 West 46th Street (between Fifth Avenue and Avenue of the Americas) Manhattan Shefi Diamonds, a luxury jewelry manufacturing company, bought the 15th-floor office space of this 20-story building in Midtown. The building went up in 1985. Buyer: Shefi Diamonds Buyer’s Broker: Harlan Cygielman of Manhattan Realty Advisors Seller: GHH Associates […]
FILE PHOTO: A screen displays the share price for drugmaker AbbVie on the floor of the New York Stock Exchange July 18, 2014. REUTERS/Brendan McDermid(Reuters) – U.S. drugmaker AbbVie Inc is holding talks to sell a roughly $5 billion portfolio of women’s drugs acquired last year through its $63 billion purchase of Botox maker Allergan […]
As millions of people began working, exercising and doing just about everything from home during the pandemic, sales of sweatpants and dumbbells surged enough to worry the fashion industry about a shortage of leisure wear. Britain’s statisticians expect those consumer trends to stick around. Hand weights and men’s loungewear pants, along with hand sanitizer, have […]
LONDON (AP) — Facebook is adding informational labels to posts about vaccines as it expands efforts to counter COVID-19-related misinformation flourishing on its platforms. CEO Mark Zuckerberg said in a blog post Monday that labels will contain “credible information” about the vaccines from the World Health Organization. They will be in English and five other […]
TOKYO (Reuters) – The Bank of Japan may phase out a numerical target for its risky asset buying at a policy review on Friday, highlighting the rising cost of prolonged easing and marking a turning point for Governor Haruhiko Kuroda’s massive stimulus programme.FILE PHOTO: Bank of Japan (BOJ) Governor Haruhiko Kuroda attends a news conference […]