World
New Zealand to open international borders fully to visitors from end-July
A view of the Auckland International Airport’s arrivals area on April 13, 2022. New Zealand Prime Minister Jacinda Ardern said on Wednesday the country will fully reopen its international borders from 11:59 p.m. on July 31, with cruise ships also welcome back to local ports on the same day. Fiona Goodall | Getty Images News […]
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Sri Lanka protesters call for new government a day after clashes kill eight
The burned buses near Sri Lanka’s former prime minister Mahinda Rajapaksa’s official residence, a day after they were torched by protesters in Colombo on May 10, 2022. Protesters and a key trade group in Sri Lanka called for a new government to take control of the crisis-hit country on Tuesday. Pradeep Dambarage | Nurphoto | […]
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WHO chief says China’s zero-Covid policy is not ‘sustainable’
A worker disinfects the walkway near closed shops after many retail stores were closed to help prevent the spread of Covid-19 on May 10, 2022 in Beijing, China. The head of the World Health Organization said on Tuesday China’s zero-tolerance Covid-19 policy is not sustainable given what is known of the disease. Kevin Frayer | […]
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Goldman strategist: This sector has been ‘unduly’ punished and could be a buy right now
Sharon Bell, a senior strategist at Goldman Sachs, has shared her favorite sectors after this week’s market madness. Source
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Stock futures dip slightly ahead of key inflation reading
Stock futures dipped in overnight trading Tuesday ahead of a key inflation reading. Futures on the Dow Jones Industrial Average shed about 35 points, or 0.1%. S&P 500 futures eased 0.1% and Nasdaq 100 futures ticked down 0.1%. The moves come after the Dow fell for a fourth consecutive day Tuesday in a volatile trading […]
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Tesla production lags in Shanghai due to parts shortages, Covid restrictions
Employees work at the Tesla Gigafactory in Shanghai, east China, Nov. 20, 2020. U.S. electric car company Tesla in 2019 built its first Gigafactory outside the United States in the new Lingang area, with a designed annual production capacity of 500,000 units. Ding Ting | Xinhua News Agency | Getty Images Tesla reduced vehicle production […]
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Coinbase revenue drops 27% from a year ago, stock slides
Monitors display Coinbase signage during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, U.S., on Wednesday, April 14, 2021. Michael Nagle | Bloomberg | Getty Images Coinbase reported first-quarter earnings that missed analyst estimates after the bell on Tuesday. Shares fell as much as 19% in extended trading, before rebounding. […]
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Cathie Wood says economic indicators ‘will start screaming’ at the Fed as it hikes rates
Ark Invest’s Cathie Wood said Tuesday the U.S. economy will start deteriorating as the Federal Reserve’s aggressive tightening goes on. Source
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Senate resolution would urge Biden administration to designate Russia as state sponsor of terrorism sponsor under Putin
Russian President Vladimir Putin watches a military parade on Victory Day, which marks the 77th anniversary of the victory over Nazi Germany in World War Two, in Red Square in central Moscow, Russia May 9, 2022. Mikhail Metzel | Sputnik | Reuters Two senators unveiled a resolution Tuesday calling on the Biden administration to designate […]
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FIFA video game to disappear as EA Sports partnership ends
FIFA22 game boxes are seen at a store in Krakow, Poland on December 30, 2021. Jakub Porzycki | Nurphoto | Getty Images The FIFA video game will be disappearing after the maker failed to strike a new licensing deal with world soccer’s governing body. Instead, EA Sports FC will be introduced from 2023 after the […]
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