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By Ritvik Carvalho LONDON (Reuters) – Global stocks recovered some losses after hitting a four-week low on Monday as investors continued to digest last week’s surprise hawkish shift by the U.S. Federal Reserve, while the dollar stood just below a 10-week high. Shares of banks, energy firms and other companies that tend to be sensitive to the economy’s fluctuations have fallen sharply since the Fed’s meeting on Wednesday, when the central bank caught investors off guard by anticipating two… Source link

Banco Bilbao (BBVA) has launched a Bitcoin trading service, following six months of testing with a select group of users. The new service will be available only in Switzerland and will target private banking clients exclusively. The financial services company is limiting the service to Switzerland, given the clear regulation and widespread crypto adoption in the European nation. The new service will include trading of Bitcoin and custody services. Additionally, the Bitcoin management system… Source link

JOHANNESBURG (Reuters) – South African media and e-commerce group Naspers Ltd reported a 24% rise in profit for the year that ended March 31, boosted primarily by the performance of its investment in China’s Tencent Holdings, the company said on Monday. Africa’s biggest company by market capitalisation reported core headline earnings per share – the main gauge of corporate profit in South Africa – of 814 U.S. cents, up from 656 cents reported for the same period a year earlier. Its 28.9% stake… Source link

Google’s latest AirPods competitors, the Pixel Buds A-Series, get a big price cut and a slightly more comfortable design. The new Bluetooth earbuds take a cue from Google’s cheaper but great A-Series phones, cutting a few features to cost £100 (US$99) – a full £80 cheaper than their predecessors. Not that you would know the A-Series were any cheaper. The earbuds have the same design as 2020’s Pixel Buds, complete with low-profile fit and subtle “G” branding. The flexible silicone… Source link

Ben Simmons had a chance to redeem himself on Sunday at the end of a series noted for his offensive stagnation. He did not. The Philadelphia 76ers point guard posted his fourth single-digit scoring effort of the Eastern Conference semifinals and again not only looked unable to shoot the ball, but unwilling. His five-point, 13-assist, eight-rebound effort arrived as the Atlanta Hawks completed a stunning upset in seven games to topple the top-seeded 76ers and advance to the conference finals… Source link

PHOENIX — The Phoenix Suns are encouraged with the progress of Chris Paul and are hopeful that he will clear the COVID-19 health and safety protocols at some point early in the Western Conference finals, league sources told Yahoo Sports. Paul is quarantining in Los Angeles and has been symptoms-free since testing positive for COVID-19 last week, sources said. The Suns took care of Game 1 against the Los Angeles Clippers without Paul on Sunday, winning 120-114. Devin Booker elevated his game… Source link

(Bloomberg) — Shenzhen, China’s southern tech hub, is tightening restrictions on public transit and at the airport, after nearly 40 inbound passengers tested positive for Covid. Indonesia’s hospitals are starting to fill up as the country nears 2 million confirmed cases. Japan is looking to accelerate its vaccine rollout by allowing private employers and universities to administer shots on-site. Russia, Germany and Portugal reported an expanding spread of the highly transmissible delta… Source link

Parul Khakhar describes herself as a ‘homemaker first – and a poet, second’ One morning in early May, a poetess living in a nondescript town in India’s western state of Gujarat finished her chores and picked up the newspapers. India was in the throes of a deadly second wave of the coronavirus. Disturbing pictures of India’s holiest river, the Ganges, swollen with bodies of people feared to have died of Covid-19 filled the front pages. There were reports of overflowing cremation grounds, and of… Source link

One of the craziest streaks in the sports betting world will likely end on Monday, when the Los Angeles Dodgers finally are not favored to win.  The overnight line at BetMGM for Monday night’s Dodgers-San Diego Padres game has the Padres as -125 favorites, which isn’t a big deal for any team other than the Dodgers. For the Dodgers, it’s the first time since 2019 they have been underdogs.  The Dodgers’ streak ends at a clean 150 straight games without being an underdog. It’s rare for a… Source link

(Photo by Rod Mar/MLB Photos via Getty Images) A former sports reporter who covered the Texas Rangers wrote in an essay published Sunday that she was raped by an MLB player in 2002.  Kat O’Brien wrote about the alleged attack in an essay for the New York Times headlined “I am breaking my silence about the baseball player who raped me.” O’Brien declined to name her alleged attacker but clarified that he was not a member of the Rangers.  O’Brien described the attack as taking place in a hotel… Source link