Month: June 2022
Stocks making the biggest moves in the premarket: Spirit Airlines, Didi Global, Keurig Dr Pepper and more
Take a look at some of the biggest movers in the premarket: Spirit Airlines (SAVE) – Spirit jumped 6.1% in the premarket after JetBlue (JBLU) sweetened its bid for Spirit. JetBlue will increase its breakup fee for the deal to $350 million and pay part of that as a dividend if the deal is consummated, […]
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Russia thinks it has found a way around Washington’s dollar bond payment blockade
Russian Finance Minister Anton Siluanov (seen here with Russian President Vladimir Putin in 2019) reportedly told Russian newspaper Vedomosti that Moscow will continue to service external debts in rubles, but foreign Eurobond holders will need to open ruble and hard currency accounts with Russian banks in order to receive payments. Mikhail Svetlov | Getty Images […]
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Chinese ride-hailing giant Didi surges 50% after report that regulators are ending probes
Budrul Chukrut | LightRocket | Getty Images Shares of Chinese ride-hailing giant Didi surged more than 50% in pre-market trade in the U.S. on Monday after the Wall Street Journal reported that regulators are concluding investigations into the company. The WSJ report said authorities would lift a ban on Didi adding new users as early […]
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‘There is hope’: Prince William in rallying cry for the environment
Prince William delivers a speech in London on June 4, 2022. In his speech, the Duke of Cambridge said “decades of making the case for taking better care of our world” meant environmental issues were “now at the top of the global agenda.” Daniel Leal | AFP | Getty Images Prince William issued a rallying […]
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Google ordered to pay Australian politician over defamatory YouTube videos
The logo of Google is seen on a building at La Defense business and financial district in Courbevoie near Paris, France, September 1, 2020. Charles Platiau | Reuters An Australian court on Monday ordered Google to pay a former lawmaker A$715,000 ($515,000), saying its refusal to remove a YouTuber’s “relentless, racist, vilificatory, abusive and defamatory” […]
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Singapore names new deputy prime minister in cabinet reshuffle
Singapore’s Finance Minister Lawrence Wong will be promoted to deputy prime minister, in a cabinet reshuffle announced on June 6. Roslan Rahman | AFP | Getty Images SINGAPORE — Singapore’s Prime Minister Lee Hsien Loong has named Finance Minister Lawrence Wong as deputy prime minister in a cabinet reshuffle that will take effect next Monday. […]
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Hong Kong’s Hang Seng index surges nearly 3% in mixed Asia-Pacific trading
SINGAPORE — Shares in Asia-Pacific were mixed on Monday, with Chinese stocks leading gains regionally as tech stocks in Hong Kong surged. Hong Kong’s broader Hang Seng index closed 2.71% higher at 21,653.90. Shares of Chinese tech firms in Hong Kong soared following a Wall Street Journal report that regulators in China are concluding probes […]
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China tries to shake off the worst of the pandemic in a long, zero-Covid journey
A handful of tourists visit the normally packed Yuyuan Garden during the Dragon Boat Festival holiday on June 4, 2022, in Shanghai, where authorities are allowing a return to normal life and business activity. Vcg | Visual China Group | Getty Images BEIJING — China is starting to show signs of recovery from the latest […]
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UK Prime Minister Boris Johnson to face vote of confidence on Monday
Johnson is set to be fined by police for breaching Covid-19 lockdown regulations. Wpa Pool | Getty Images News | Getty Images The U.K.’s Prime Minister Boris Johnson will face a vote of confidence later on Monday amid increasing dissatisfaction in his leadership. To trigger a vote of confidence, 15% of Conservative lawmakers (or 54 […]
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UK to send long-range missiles to Ukraine despite Putin warning; Zelenskyy visits hard-hit Donbas
Heavy fighting is continuing around Severodonetsk in eastern Ukraine, UK says Smoke and dirt rise in the city of Severodonetsk during fighting between Ukrainian and Russian troops in the eastern Ukrainian region of Donbas on June 2, 2022. Aris Messinis | AFP | Getty Images Heavy fighting is continuing around the contested town of Severodonetsk […]
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