Investing News
Selected news for investorsHomebuilders, miners push British stocks higher
British shares rebounded on Monday, led by homebuilders and miners, as hopes of a vaccine-led economic recovery and more U.S. stimulus overshadowed fears of higher inflation and tightening monetary policy. Read More
European stocks rebound as bond markets stabilize, UK outperforms
European stocks recovered on Monday after bond markets stabilized following a sharp selloff last week, while sentiment was boosted by heightened optimism over global COVID-19 vaccination programs and a $1.9 trillion U.S. stimulus package. Read More
Philippine Power Retailer Sees Recovery After 30% Profit Drop
(Bloomberg) -- Manila Electric Co., the Philippines' largest power retailer, is expected to recover from last year's 30% profit drop as the economy reopens, its chairman said on Monday. Read More
From EV Batteries To Pod Taxis: India’s Richest Man Seems To Prepare For The Elon Musk Challenge
Elon Musk could face a stiff challenge from India’s richest person Mukesh Ambani as Tesla Inc.’s (NASDAQ: TSLA) founder intensifies focus on expanding his business in the South Asian nation. What Happened: Ambani’s Reliance Industries said Sunday it has acquired a...
Sterling rises supported by Britain’s swift vaccine roll out
LONDON -- Sterling edged higher against both the euro and the dollar on Monday as a swift coronavirus vaccine roll out supported the pound and fueled hopes of economic recovery. Read More
J&J’s COVID-19 shot gets CDC panel backing; vaccine near shipping
A U.S. Centers for Disease Control and Prevention advisory panel voted unanimously on Sunday to recommend Johnson & Johnson's COVID-19 shot for widespread use, a final clearance for the vaccine a day after it was authorized by U.S. regulators. Read More
Senate To Begin Deliberations This Week On Latest COVID-19 Relief Bill
The U.S. Senate this week will begin considering the $1.9 trillion COVID-19 relief bill passed by the House over the weekend. What Happened: The House of Representatives voted early Saturday morning to approve President Joe Biden's $1.9 trillion Coronavirus relief...
Up to six cases of Manaus variant of coronavirus detected in UK
LONDON -- Up to six cases of a highly transmissible variant of coronavirus first identified in the Brazilian city of Manaus have been detected in Britain for the first time, English health officials said on Sunday. Read More
How I’d Identify the Best Shares to Buy in a Stock Market Recovery
Finding the best shares to buy in a stock market recovery can be a challenging task. After all, forecasts are very dependent on the economic outlook, which itself is likely to be heavily impacted by coronavirus. However, by investing money in financially-sound...
IPO Outlook: Oscar Health And InnovAge Hit Markets This Week
Only two traditional IPO listings are expected to price during the week of March 1. Here is a look at what investors should expect from the IPO offerings. Oscar Health: Health insurance company Oscar Health (NYSE: OSCR) will be the biggest IPO of the week. The health...