Wednesday, 27 Nov 2024

Business

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Market close: Mercury’s earnings downgrade fails to jolt sharemarket

Mercury Energy’s unexpected earnings downgrade failed to jolt the New Zealand sharemarket which continued to consolidate with its third successive rise. The S&P/NZX 50 Index picked up 48.85 points or 0.39 per cent to 12,566.5 after hitting an intraday low of 12,511.11. There were 82 gainers and 56 decliners over the whole market. Trading was […]

Market close: Mercury’s earnings downgrade fails to jolt sharemarket

Mercury Energy’s unexpected earnings downgrade failed to jolt the New Zealand sharemarket which continued to consolidate with its third successive rise. The S&P/NZX 50 Index picked up 48.85 points or 0.39 per cent to 12,566.5 after hitting an intraday low of 12,511.11. There were 82 gainers and 56 decliners over the whole market. Trading was […]

Sky TV hooks up with Disney to lure broadband customers

Sky is offering a year’s free Disney+ access to anyone who signs up for at least 12 months to its new broadband service. Following a recent price rise, the Disney+ streaming service costs $12.99 per month or $129.99 (a 15 per cent saving) if you pay for a year up-front. Sky Broadband offers an unlimited […]

Wall Street muted, Clover Health leads "meme" rally

(Reuters) -Wall Street indexes were flat on Tuesday as investors took to the sidelines ahead of key inflation data this week, while Clover Health led a rally among popular social media stocks.FILE PHOTO: A street sign is seen in front of the New York Stock Exchange on Wall Street in New York, February 10, 2009. […]

MoviePass Deceived Users So They’d Use It Less, F.T.C. Says

MoviePass, the failed subscription service that promised unlimited moviegoing for $10 a month, agreed on Monday to settle Federal Trade Commission accusations that it knowingly deceived customers, making the service difficult to use, and exposed their personal data. In the process, the F.T.C. revealed the elaborate obstacles that MoviePass executives made the most active users […]

COVID-19: Pent-up demand helps retailers enjoy best growth since start of pandemic

Retailers enjoyed their best sales growth since the start of the pandemic last month helped by pent-up demand for clothes and accessories, industry figures show. Sales in May grew by 10% compared with the same period in 2019, before the coronavirus crisis struck, according to the British Retail Consortium-KPMG retail sales monitor. Clothing chains were […]

Asia stocks open higher on record for MSCI's All-Country World Index

HONG KONG (Reuters) – Asia stocks opened higher on Tuesday, cruising in the slipstream of a record high overnight gauge of global equity markets, with investors hoping for inflation and monetary policy clues later in a week full of key central bank meetings and data points.FILE PHOTO: FILE PHOTO: A passersby wearing a protective face […]

The Times’ Choire Sicha Is Heading to New York Magazine

Choire Sicha may have just been given a new job at The New York Times, but it appears he got an even better one from New York Magazine. The longtime Styles editor has been tapped as editor at large of the Vox-owned publication, it was revealed Monday by editor in chief David Haskell. There he’ll […]

Thousands descend on US city to glorify Bitcoin

MIAMI (NYTIMES) – There was money in the air. Buzzwords floated around, like NFT, BTD, blockchain, token. There was a frenzied energy. And there was heat – a humid, sticky South Florida heat; the kind all the Californians and New Yorkers who moved to Miami during the pandemic’s winter doldrums were warned about. The kind […]