Author: Admin
Stocks making the biggest moves premarket: Conagra, Levi Strauss, Rite Aid and others
Check out the companies making headlines before the bell: Conagra (CAG) – The food producer’s stock tumbled 5.5% in the premarket after issuing a weaker-than-expected forecast for the fiscal year ending in May. Conagra’s results are being hit by higher transportation and raw materials costs. Levi Strauss (LEVI) – Levi Strauss beat estimates by 4 […]
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UK targets more nuclear, wind power — and fossil fuels — in bid for energy security
Alongside a ramp up in nuclear power, the British Energy Security Strategy envisages up to 50 GW of offshore wind and 10 GW of hydrogen – half of which would be so-called green hydrogen – by 2030. Christopher Furlong | Getty Images News | Getty Images The U.K. government has revealed details of its long […]
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Tencent shuts down its rival to Amazon’s Twitch months after China blocked key $6 billion gaming merger
Tencent attempted to create a gaming live streaming giant through the merger of Huya and DouYu, two companies it has a significant stake in. But regulators in China shut the deal down in 2021. Months later, Tencent is shutting down its own game live streaming service Penguin E-Sports. Feature China | Future Publishing | Getty […]
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Here’s how to navigate buying a car amid low inventory and high prices
Any shopper who has stepped onto a vehicle sales lot during the coronavirus pandemic has likely noticed at least two things: There are very few cars and they have very high sticker prices. Amid inflation and fear of a recession, buying a car in this climate is certainly not for the faint of heart. “If […]
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Warren Buffett’s Berkshire Hathaway reveals major stake in HP Inc., tech stock soars 15%
Warren Buffett at Berkshire Hathaway’s annual meeting in Los Angeles, California. May 1, 2021. Gerard Miller Warren Buffett’s Berkshire Hathaway has initiated a major stake in tech hardware stock HP Inc, becoming the largest shareholder in the PC and printer maker. Berkshire purchased nearly 121 million shares of HP, according to securities filings. That stake […]
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‘Weapons, weapons and weapons’: Ukraine makes its request to NATO clear
Ukraine has urged NATO to supply more weapons as it seeks to defend itself against further aggression from Russia. Members of the NATO military alliance have been supplying Kyiv with weapons ever since Russia’s unprovoked invasion of Ukraine in February. The U.S., for instance, has supplied anti-aircraft Stingers, thousands of anti-tank weapons and millions of […]
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Putin is preparing an eastern offensive in Ukraine. Here’s how this phase of the war could unfold
Putin has described Russia’s unprovoked onslaught in Ukraine as a “special military operation.” Mikhail Klimentyev | Afp | Getty Images Russian President Vladimir Putin is overseeing a change in military strategy to the Kremlin’s unprovoked onslaught in Ukraine, repositioning forces in the east of the country in a bid to take control of the Donbas […]
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Ford will continue to struggle as chip shortage lingers, Barclays says in downgrade
Ford reported on Monday that its sales declined during the first quarter, in part due to production issues caused by the semiconductor shortage Source
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Turkish court moves Khashoggi trial to Saudi Arabia, signaling likely end of case
A demonstrator holds a poster with a picture of Saudi journalist Jamal Khashoggi outside the Saudi Arabia consulate in Istanbul, Turkey October 25, 2018. Osman Orsal | Reuters A Turkish court decided on Thursday to halt the trial of Saudi suspects over the killing of journalist Jamal Khashoggi and transfer it to Saudi Arabia, a […]
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China warns of strong measures if U.S. Speaker Pelosi visits Taiwan
Chinese Foreign Ministry spokesman Zhao Lijian attends a news conference in China on December 20, 2021. China warned on Thursday it would take strong measures if U.S. House of Representatives Speaker Nancy Pelosi visited Taiwan, following media reports she would go next week. Vcg | Visual China Group | Getty Images China warned on Thursday […]
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