NEW YORK (Reuters Breakingviews) - Amazon.com still dominates the fast-growing e-commerce pie, but it’s getting some company. Lockdowns have trained people to shop online including in formerly laggard categories like groceries. That has helped Jeff Bezos but even more
(RTTNews) - The Canadian stock market ended weak on Wednesday after spending almost the entire session in negative territory, despite rising optimism about more stimulus from global central banks and governments.
The stock market lost ground on Wednesday, although the declines weren't universal. As we've seen several times recently, the Nasdaq Composite managed to overcome new fears about the coronavirus pandemic, eking out a small gain. But those concerns were enough to send the Dow Jon
Brazil's central bank cut its benchmark interest rate by 75 basis points to a record low of 2.25% on Wednesday, as expected, and said there was little room for more monetary stimulus to support an economy ravaged by the coronavirus pandemic.
What happened
Shares of Beyond Meat (NASDAQ: BYND) climbed on Monday after the meat alternatives company said it would begin selling value packs of its popular plant-based burgers at Walmart (NYSE: WMT) and Target (NYSE: TGT) stores nationwide.
Four men who played significant roles in the French Resistance during World War Two will be honoured by British Prime Minister Boris Johnson and French President Emmanuel Macron during a ceremony in London on Thursday.
What happened
Shares of China-based data center company 21Vianet Group (NASDAQ: VNET) jumped on Wednesday, rising as much as 18.7%. The stock finished the day up a total of 15.9%.
When you think of Amazon.com (NASDAQ: AMZN), the first things that come to mind are likely e-commerce and cloud computing -- and with good reason -- as these segments account for the lion's share of the company's massive business.
When Zoom Video Communications (NASDAQ: ZM) introduced end-to-end encryption for paying customers only, the video meetings specialist met a firestorm of criticism. The controversy lasted about two weeks, and Zoom has now decided to provide end-to-end encryption for all types of
The reopening U.S. economy has been one of the main engines powering stock market activity for the past week-plus (subtracting last Thursday’s temporary meltdown), with commodity and equipment transportation, waitstaff and kitchen workers, and drug companies making strides in
Brazil's central bank cut its benchmark interest rate by 75 basis points on Wednesday to a record-low 2.25%, as expected, in a move to cushion what may be the country's worst economic crash on record.
Honduras (B1/BB-) enjoyed strong demand on its first US dollar bond in over three years Wednesday when it raised US$600m to repay electric sector debt as part of ongoing energy reforms.
The operators of the goalline technology system used in the Premier League apologised for an embarrassing failure after Sheffield United were denied a clear goal in their match against Aston Villa on Wednesday.
DALLAS/NEW YORK/LONDON/HONG KONG (Reuters Breakingviews) - Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.
Technology stocks were hanging on for narrow gains, with the SPDR Technology Select Sector ETF advancing 0.2% while the Philadelphia Semiconductor Index was rising 1%.
Financial stocks lost more ground in afternoon trading, with the NYSE Financial Index dropping 1% while the SPDR Financial Select Sector ETF was falling 1.7%.
Consumer stocks turned lower in Wednesday trading, with the SPDR Consumer Staples Select Sector ETF slipping 0.2% this afternoon while the SPDR Consumer Discretionary Select Sector ETF also was dropping about 0.3%.