Bloomberg HSBC Shares Surge on Dividend Bets as Turnaround Gains Steam (Bloomberg) — HSBC Holdings Plc shares surged as much as 8% in Hong Kong trading on optimism Europe’s biggest lender may soon resume paying dividends as a turnaround gathers speed.The shares rose 6.8% to HK$42.45 as of 11:54 a.m. in Hong Kong, paring this year’s decline to 30%. They gained 4.1% in London on Tuesday.“This is mainly due to the change in market expectation, as HSBC’s operating conditions aren’t as… Source link

Tuesday, November 24, 2020 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Aggregate earnings don’t tell the whole story. Third quarter earnings season is wrapping up. Through Friday, earnings per share for S&P 500 companies was down 6.3% over last year, the fourth-biggest quarterly drop since 2009, according to data from FactSet. This will also mark the sixth time in the last seven quarters that year-over-year earnings fell, with tax cuts in… Source link

The tech giant has been working on adding numerous functionalities to the Phone app. Google Call: Apparently, Google has now rebranded its default phone app, and has renamed it to Google Call. The change has surfaced via an ad on YouTube, but it cannot be downloaded at the moment. This is an addition to Google’s app rebranding and makeover exercise which has been taking place for sometime now. With this change, the app’s logo would be changed and it would have the four signature colours… Source link

The biggest U.S. tech companies are providing a jolt to the slumbering commercial real-estate business, emerging as major tenants and acquirers of office and other space while many nontech firms are trying to tear up their leases. Five of the biggest property owners in the tech industry—Amazon.com Inc., Facebook Inc., Apple Inc., Google parent Alphabet Inc. and Microsoft Corp.—together occupy around 589 million square feet of U.S. real estate, according to CoStar Group. That is… Source link

One of Russia’s most successful technology companies, Yandex, has launched an online grocery delivery service in Israel as part of its international expansion program. The service, which has expanded greatly in Russia since the beginning of the Covid-19 pandemic, will operate in Israel under a new brand, Deli, according to the company’s statement. Read more … Source link

Illustration: Joren Cull for Bloomberg Businessweek Illustration: Joren Cull for Bloomberg Businessweek After the government sued Google as a monopolist, Mozilla Corp., you’d think, might have celebrated. Mozilla makes Firefox, a web browser that Google undercut by using massive… Source link

MOSCOW, November 24. /TASS/. IT company Yandex topped the rating of the 50 best employers in Russia according to the Forbes magazine, according to the rating published by the magazine on Tuesday. The rating includes companies that have received the maximum scores on the following metrics: salary, working conditions, social package, in-house training, job creation, investment in infrastructure, demand, concern for the environment, and charity. Also this year, a survey of experts had an… Source link

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Bitcoin investors, which include top hedge funds and money managers, are betting the virtual currency could more than quintuple to as high as $100,000 in a year. It’s a wager that has drawn eye-rolls from skeptics who believe the volatile cryptocurrency is a speculative asset rather than a store of value like gold. Since January, bitcoin has gained 160%, bolstered by strong institutional demand as well as scarcity as payment companies such as… Source link

The Guardian Steve Dalkowski: the life and mystery of baseball’s flame-throwing what-if Many believe the lefthander was the fastest pitcher to ever take the mound. But his career – and life – went off the rails before he could make an impactSteve Dalkowski, a career minor-leaguer who very well could have been the fastest (and wildest) pitcher in baseball history, died in April at the age of 80 from complications from Covid-19. And yet, partly because of one missing detail, his legend lives… Source link

The Baltimore Ravens beat the Indianapolis Colts, 24-10, on Nov. 8. That win brought their record to 6-2, with five victories coming by 14 or more points. The only losses were to the Kansas City Chiefs and Pittsburgh Steelers, the two best teams in the NFL. The thought of them missing the playoffs wasn’t on anyone’s mind. The NFL moves fast. In two weeks, the Ravens have taken on two losses — they lost two games the entire 2019 regular season — and suddenly Baltimore is far from a… Source link