Sign up for the India Edition newsletter by Menaka Doshi – an insider’s guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly. Google and Walmart Inc. are rapidly gaining customers from India’s Paytm, the fintech pioneer struggling to navigate central bank restrictions and the potential shutdown of a key payments affiliate. Source link
Read More »Stock futures slip with chip curbs, Powell in focus: Stock market news today – Yahoo Finance
[unable to retrieve full-text content]Stock futures slip with chip curbs, Powell in focus: Stock market news today Yahoo Finance Source link
Read More »Stocks Fall on China Curbs, Growth Risks; Oil Up: Markets Wrap
(Bloomberg) — Stocks fell Monday as the risk of a slower recovery from the pandemic shadowed global markets and Chinese technology stocks buckled under the weight of Beijing’s regulatory clampdown. A Hong Kong gauge of Chinese tech names tumbled after a report that officials are seeking to break up Ant Group Co.’s Alipay. China’s online platforms have also been told to protect the rights of workers in the so-called gig economy. China’s overall stock market fluctuated, while Japan… Source link
Read More »Bitcoin slides below $40,000 after China’s new crypto curbs
LONDON (Reuters) – Bitcoin tumbled below the $40,000 mark on Wednesday to a 3-1/2 month low and dragged down the prices of other digital coins after China imposed fresh curbs on transactions involving cryptocurrencies. Bitcoin, the biggest and best-known cryptocurrency, had already been under pressure from a series of tweets from Tesla boss Elon Musk, but the news from China sent it as low as $38,514, for a 9% fall. By 0855 GMT, it had recovered to $40,627, still down 5% on the session. The… Source link
Read More »World’s Worst Stock Rout Deepens as Taiwan Tightens Virus Curbs
(Bloomberg) — Taiwan stocks slumped, extending their biggest rout in more than a year, as the government tightened restrictions on people and businesses to control its worst outbreak of the coronavirus. The Taiwan Stock Exchange Weighted Index closed the Monday session 3% lower, having slid as much as 4.2%, as authorities urged companies to allow staff to work from home or split locations after reporting a record 206 new local cases Sunday. The benchmark gauge sank 8.4% last week on concern… Source link
Read More »Home Depot to face boycott over Georgia voting curbs
By Hilary Russ NEW YORK, April 20 (Reuters) – Religious leaders in Georgia on Tuesday will call for a boycott of Home Depot Inc because of its silence on the state’s new voting curbs that activists say make it harder for Black people and other racial minorities to vote. Other Georgia-based corporations – including Delta Air Lines Inc and Coca-Cola Co – have been meeting with the activists for weeks and issued statements opposing the voting restrictions. Coca-Cola also hosted a… Source link
Read More »Russian competition watchdog opens case against Google over YouTube curbs
A 3D printed Google logo is seen in this illustration taken April 12, 2020. REUTERS/Dado Ruvic/Illustration/File Photo Russia’s Federal Antimonopoly Service (FAS) said on Monday it had initiated proceedings against U.S. tech giant Alphabet Inc’s (GOOGL.O) Google for allegedly abusing its dominant market position in video hosting services. Google has already come under pressure from the authorities this year for failing to delete what Russia calls banned content. Other western internet… Source link
Read More »Russian competition watchdog opens case against Google over YouTube curbs
FILE PHOTO: After the company announced it would extend its coronavirus work-from-home order until summer 2021, a Google sign is shown at one of the company’s office complexes in Irvine, California, U.S., July 27, 2020. REUTERS/Mike Blake MOSCOW (Reuters) – Russia’s Federal Antimonopoly Service (FAS) said on Monday it had initiated proceedings against U.S. tech giant Alphabet Inc’s Google for allegedly abusing its dominant market position in video hosting services. Google has already come… Source link
Read More »Russian competition watchdog opens case against Google over YouTube curbs
TipRanks 3 “Strong Buy” Dividend Stocks Yielding Around 7% These past 12 months have seen the S&P 500 return its best performance ever – an 80% gain as of the end of March. But are the good times wrapping up? Some historical data would suggest that the bulls will keep running. Since 1950, the market has seen 9 sustained, year-long runs with a rolling return of 30% or better on the S&P 500. These periods have seen an average one-year gain of 40% (the median has been 34%) – and none of… Source link
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