(Reuters) – U.S. stock index futures resumed their climb on Tuesday as investors looked to the earnings season this week for clues on the health of Corporate America and the economy while awaiting details on the next package of official economic stimulus.FILE PHOTO: The front facade of the New York Stock Exchange (NYSE) is seen […]
Carlos Alberini remains optimistic about Guess’ future. “We don’t think anything that has happened in the last few months during the pandemic is permanent,” the chief executive officer of the apparel, accessories and footwear company said during the 2021 virtual ICR Conference Monday. “In fact, we think it’s temporary.” He’s talking about an approximately $600 […]
Bitcoin plunged by more than 20% over the weekend – wiping more than $10,000 (£7,395) off the price of a single coin. The fall puts the cryptocurrency on track for its biggest one-day drop since March, when the COVID-19 pandemic was just beginning to shred global markets. Bitcoin fell as low as $30,500 on Monday […]
Twitter permanently banned former national security adviser Michael Flynn and Donald Trump’s attorney ally Sidney Powell in a purge Friday of high-profile users peddling baseless, dangerous QAnon conspiracy theories. Twitter cracked down on the same day as its historic permanent ban on Trump’s personal account “due to the risk of further incitement of violence” from […]
JAKARTA (REUTERS) – Indonesia’s central bank on Friday (Jan 8) announced new regulations on payment systems to try to consolidate existing rules, with new requirements on share ownership and capital that could impact firms providing payment services and infrastructure. Filianingsih Hendarta, the head of Bank Indonesia’s payment systems department, said the new regulation, which takes […]
COVER CAUSES DISPUTE: The just-released Kamala Harris cover for the February edition of Vogue has already attracted reams of attention, not all of which was expected. The Vice President-elect is also featured in a lengthy profile by Alexis Okeowo, which is understandably heavy on Harris’ experience and White House objectives, and scarce on fashion references. […]
Genesis Energy’s chief executive Marc England is fond of metaphor. For him, New Zealand’s quest to decarbonise is like climbing Everest. Ironically Genesis’s coal and gas-burning power station at Huntly may become part of the answer. At a recent strategy day, England said he was not about to try and deflect the fact that Huntly […]
SINGAPORE – Consumers can expect a wider variety of digital payment services this year as traditional players enhance their offerings amid greater competition in the banking sector. DBS Bank, OCBC Bank and UOB plan to roll out more personalised content, strengthen their focus on partnerships and make the payment journey more seamless for users. Please […]
The Internal Revenue Service misdirected stimulus payments for an estimated 13 million accounts, but the agency on Friday said it is trying to redirect to the money to the proper place. If you’re anticipating a stimulus payment that hasn’t yet landed, continue to monitor your bank accounts — and your snail mail. The I.R.S. was […]
Influencers proved instrumental to content strategies, and drove a record number of sales, in 2020. On RewardStyle’s Liketoknow.it app, influencer-driven sales surpassed $1 billion last year, according to Amber Venz Box, RewardStyle’s cofounder and president. From Oct. 13 to Dec. 8, the app drove $230 million in retail sales — a nearly 75 percent year-over-year […]