Author Archives: Syndicated Content
Exclusive: Nasdaq seeks to remove restriction in direct listing plan
By Anirban Sen (Reuters) - Nasdaq Inc asked U.S. regulators on Wednesday to remove a restriction that limits how much money companies can raise through a direct listing on its stock market exchange, a...
May 26, 2021
Facebook and Instagram will let users hide likes on posts
By Elizabeth Culliford (Reuters) - Facebook's photo-sharing app Instagram is launching the option for users globally to hide like counts on posts and the change will soon roll out on Facebook, after y...
May 26, 2021
China's Pinduoduo beats quarterly revenue estimates amid online shopping boom
(Reuters) - Chinese e-commerce platform Pinduoduo Inc's quarterly revenue beat Wall Street estimates on Wednesday, driven by a sustained surge in online shopping following the COVID-19 pandemic. Total...
May 26, 2021
Air passenger numbers will be 52% lower in 2021 than pre-pandemic level - IATA
LONDON (Reuters) - Global airline industry body IATA is forecasting that total air passenger numbers in 2021 will be 52% lower than they were in 2019, slightly reducing its forecast from January, as p...
May 26, 2021
SoftBank Vision Fund 2 leads $775 million investment in Perch
(Reuters) - SoftBank Group Corp's Vision Fund 2 has led a $775 million investment in Perch, a technology firm that buys and operates third-party brands that sell their products on Amazon.com Inc. The ...
May 26, 2021
Factbox-Vaccines delivered under COVAX sharing scheme for poorer countries
(Updates with El Salvador, Saint Vincent and the Grenadines) (Reuters) - The COVAX facility, backed by the World Health Organization (WHO) and the Global Alliance for Vaccines and Immunization (GAVI),...
May 26, 2021
Appeal of ex U.S. Marine held in Russia disrupted after he got COVID-19 - father
MOSCOW (Reuters) - A legal appeal by former U.S Marine Trevor Reed, who is serving a jail term in Russia, has been postponed after he tested positive for COVID-19, his father said on Wednesday. The Am...
May 26, 2021
IATA calls for review into Belarus plane incident
LONDON (Reuters) - The head of global airline industry body IATA said a review was needed of what happened when a Ryanair flight was forced to land in Belarus to ensure that such an incident is never ...
May 26, 2021
Greek environmentalists fear windfarm scars on mountain forests
By Angeliki Koutantou and Vassilis Triandafyllou EVIA, Greece (Reuters) - Greek environmentalists are protesting against a flagship windfarm project whose giant turbines they say will ruin acres of an...
May 26, 2021
Gamestop, AMC short sellers lost $754 million after Tuesday's rally - Ortex
LONDON (Reuters) - Investors shorting meme stocks GameStop and AMC Entertainment are estimated to have lost $754 million on Tuesday alone as the shares rallied, data from financial analytics firm Orte...
May 26, 2021
