Tag Archives: Eases

Google’s resistance to allowing third-party payment systems to touch its Play digital store appear to be ebbing away, with the search and ads giant last week announcing it has commenced tests of payment choice in the USA. Citing “strong interest from developers around the world” after a May 2022 announcement of third=party payments pilot in Australia, India, Indonesia, Japan, and the European Economic Area, Google last week declared “that based on the positive response and initial… Source link

A Google sign is pictured outside the Google office in Berlin, Germany, August 31, 2021. REUTERS/Annegret Hilse Register now for FREE unlimited access to Reuters.com Register July 26 (Reuters) – Alphabet Inc (GOOGL.O) on Tuesday barely missed estimates for quarterly revenue, showing that its industry-leading Google search and advertising business may be able to withstand big countries potentially going into recession over the next year. Shares of Alphabet rose 3.5% in after-hours trading.

(Bloomberg) — Alibaba Group Holding Ltd.’s quarterly revenue rose a better-than-expected 9%, reassuring investors trying to come to grips with the economic cost of sweeping lockdowns intended to eradicate Covid-19. Most Read from Bloomberg But China’s e-commerce leader also refrained from offering its usual outlook for the year, underscoring the unpredictable impact of a Covid Zero policy that’s already cast the country’s supply chains into disarray and hammered consumer… Source link

Amid plummeting COVID-19 rates, the Biden administration eased its indoor mask recommendations Friday for about 70 percent of Americans, including most schoolchildren — a shift that could hasten the end of mask mandates in the United States. Before Friday, more than 96 percent of U.S. counties were considered areas of “substantial” or “high” transmission, where the Centers for Disease Control and Prevention recommended masking in most indoor settings. Now just 37.3 percent of… Source link

(Bloomberg) — Stocks in Europe rebounded and U.S. equity futures rose along with Treasury yields as a semblance of calm returned to global markets while investors reconsidered their worst-case scenarios for the omicron coronavirus strain. Most Read from Bloomberg The Stoxx Europe 600 index jumped more than 1%, recovering some of their worst drop in more than a year, with travel and energy stocks leading the advance. S&P 500 and Nasdaq 100 contracts climbed, WTI oil rallied back above $71 a… Source link

U.S. airlines expect a surge of international travelers when the United States reopens to fully vaccinated visitors Monday. The Biden administration announced the new guidelines in September and set Nov. 8 as the day the borders open. “Delta (DAL) has seen a 450% increase in international point-of-sale bookings versus the six weeks prior to the announcement,” the airline stated in a press release that predicts many international flights will be 100% full and stay that way for several… Source link

Bitcoin (BTC-USD) spiked by more than 10% on Friday, joining cryptocurrencies in a broad relief rally as investors cheered constructive remarks from officials about the industry’s regulation. Battered by developments in China and a volatile environment for risk appetite, digital currencies had a rough September. However, signals this week from U.S. regulators also appear to have given sentiment a boost, sending Bitcoin to its biggest intraday rally since July.  Other cryptocurrencies like… Source link

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

Zoom (ZM) reported its fiscal Q1 2022 earnings after the closing bell on Tuesday, beating analysts’ expectations on the top and bottom line with revenue soaring 191% year-over-year. The video conferencing company saw stratospheric growth during the pandemic, and investors are closely watching its performance in the coming quarters as the pandemic wanes and people begin meeting more in person. Here are the most important numbers from the report compared with what analysts were expecting as… Source link

(Bloomberg) — Governor Andrew Cuomo said more vaccines are on the way for New York, though he said the bigger challenge is getting skeptical Black and Latino residents to take the shot. Fatalities in the U.S. dropped below 4,000 for the first time in three days. A doctors’ group in the U.K. has urged the government to review the 12 weeks allowed for people to receive a second dose of the vaccine produced by Pfizer Inc. and BioNTech SE. The manufacturer suggests 21 days. Meanwhile,… Source link