U.S. stocks slid Friday to close the week lower as investors weighed May jobs data that likely gave Fed policymakers a signal labor market conditions can weather a more aggressive rate hiking cycle. Friday’s sell-off was led by tech stocks, with the Nasdaq Composite falling 2.5%. The S&P 500 fell 1.6%, while the Dow Jones Industrial Average shed 350 points, or 1%. Treasury yields rose following Friday’s jobs data, with the yield on 10-year Treasury jumping as much as 7 basis points to just… Source link
Read More »Exodus from Russia renews concerns over US pensions investing in emerging markets
Pressure has mounted in recent weeks on U.S. pensions to dump Russian assets, but policymakers scrambling to unwind investments face a bigger moment of truth — what about their holdings in other autocratic regimes? Russian President Vladimir Putin’s invasion of Ukraine has prompted many of the largest public pension plans to quickly divest from Russian securities or trim their exposure to harder-to-exit allocations. The first-of-its-kind move to exit so abruptly put into question the… Source link
Read More »NHL renews Yandex broadcast deal in Russia
Deal allows Yandex to create new 24/7 NHL channel Internet services provider says its coverage has increased NHL interest in Russia The National Hockey League (NHL) has signed a multi-year extension of its Russian broadcast partnership with internet services provider Yandex. The renewal will see Yandex – considered the Russian equivalent to Google – continue to broadcast live regular season and… Source link
Read More »Yandex renews NHL rights |
January 26, 2022 Yandex has entered into a multiyear renewal agreement with the National Hockey League (NHL) to continue to broadcast all regular season and Stanley Cup Playoffs games in Russia through the 2023-24 season. As part of the deal, Yandex will deliver NHL games live and on-demand as part of its Yandex Plus subscription via the Kinopoisk apps for Smart TV and Android TV. Additionally, fans will have access to game broadcasts, interviews,… Source link
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