FILE PHOTO: GameStop logo is seen near displayed stock graph in this illustration taken February 2, 2021. REUTERS/Dado Ruvic/Illustration(Reuters) – Shares in video game retailer GameStop were up 21.2% as volume spiked late in Monday’s session putting pressure on short sellers to cover their bets as investors discussed the so-called Reddit darling stock on social […]

FILE PHOTO: GameStop logo is seen near displayed stock graph in this illustration taken February 2, 2021. REUTERS/Dado Ruvic/Illustration(Reuters) – Shares in video game retailer GameStop were up 21.2% as volume spiked late in Monday’s session putting pressure on short sellers to cover their bets as investors discussed the so-called Reddit darling stock on social […]

Apollo Global Management and at least one other private equity firm have expressed interest in acquiring Michaels, the hobby retailer, according to two people familiar with the situation. A buyout would return the retailer to private hands after seven years as a public company. The values of the bids weren't clear. Bolstered by a pandemic […]

Apollo Global Management and at least one other private equity firm have expressed interest in acquiring Michaels, the hobby retailer, according to two people familiar with the situation. A buyout would return the retailer to private hands after seven years as a public company. The values of the bids weren't clear. Bolstered by a pandemic […]

(Reuters) – Blackstone Group Inc Chief Executive Stephen Schwarzman pocketed at least $610.5 million in 2020 from dividends and compensation, more than any other private equity executive and up 20% from last year despite the impact of the COVID-19 pandemic, regulatory filings showed.FILE PHOTO: Stephen A. Schwarzman, chairman and CEO of Blackstone, attends the World […]

High street footfall picked up sharply last week, apparently spurred by the announcement of the roadmap out of lockdown as well as sunny weather. Figures from data company Springboard showed visits to retail destinations rose by 11% compared to the week before in what was described as “ever clearer evidence of lockdown fatigue“. Live COVID […]

Slideshow ( 2 images )(Reuters) – U.S. stock index futures jumped more than 1% on Monday as Johnson & Johnson’s newly approved COVID-19 vaccine and progress in a new $1.9 trillion coronavirus relief package fueled optimism over a swift economic recovery. Shares of cruise liner and hotel operators, and carriers including Carnival Corp, Royal Caribbean […]

SYDNEY (BLOOMBERG, REUTERS) – Australian home prices climbed by the most since August 2003 in February as record low borrowing rates and government incentives lure more buyers into the market, raising fears of overheating. Nationwide house values surged 2.1 per cent last month, CoreLogi data released on Monday (March 1) showed. Capital city prices gained 2 per […]

OPINION “If a society wants to eat animals there’s a responsibility that comes with it,” New Zealand Animal Law Association (NZALA) president Saar Cohen-Ronen said at last week’s launch of a report into the gap between the Animal Welfare Act 1999 and its delegated legislation. For context, in 2016 New Zealanders owned about 4.6 million […]

An elderly couple claim they’ve been bullied, harassed and slapped with trespass notices by a wealthy property developer because they refuse to make way for his luxury apartment complex. But Equinox Group director Kerry Knight denies being a bully and claims if anyone is the victim of harassment it’s him. “I don’t think it’s harassment […]