By Lisa Richwine LOS ANGELES (Reuters) -“Spider-Man: No Way Home” racked up a head-spinning $253 million in U.S. and Canadian ticket sales over the weekend, setting a pandemic record and ranking as the third-biggest domestic debut in Hollywood history even as a new COVID-19 variant spreads. Around the globe, “No Way Home” generated an additional …
‘Spider-Man’ ignites pandemic box office with historic opening Read More »
(Reuters) – Alphabet Inc’s YouTube began restoring access to Walt Disney Co channels on its platform on Sunday, after the companies reached a distribution agreement to end a two-day blackout. YouTube tweeted that “we’ve reached a deal with Disney and have already started to restore access to channels like ESPN and FX.” Neither company disclosed …
Google’s YouTube TV reaches deal to restore access to Disney channels Read More »
NEW YORK (Reuters) – Jefferies Financial Group Inc Chief Executive Officer Richard Handler said on Instagram on Sunday that he had tested positive for COVID three days after deciding this month to ask Jefferies staff to work from home again. Handler said he would complete his 10th day of quarantine on Monday. He called the …
Jefferies CEO Handler says he tested positive, isolated for COVID Read More »
By Samuel Shen and Selena Li SHANGHAI/HONG KONG (Reuters) -As a long-running Sino-U.S. diplomatic spat threatens to force Chinese companies off American stock exchanges, global equity investors are assessing ways to retain or add exposure to the world’s second-biggest economy. Fund managers are planning or accelerating a shift out of Chinese American Depository Receipts (ADRs) …
Stay, swap or shed: Investors brace for delisting of U.S.-listed China stocks Read More »
MOSCOW (Reuters) – Russia’s financial system would be able to cope even if it was disconnected from the SWIFT global interbank payments system, the head of the country’s second-largest lender VTB Bank said on Sunday, but added he did not think such a move was likely. Washington and other Western capitals have warned Moscow of …
Russia does not expect to be cut off from SWIFT system, VTB CEO says Read More »
By Tom Hals and Mike Scarcella (Reuters) -A U.S. appeals court on Friday reinstated a nationwide vaccine-or-testing COVID-19 mandate for large businesses, which covers 80 million American workers, prompting opponents to rush to the Supreme Court to ask it to intervene. The ruling by the 6th U.S. Circuit Court of Appeals in Cincinnati lifted a …
U.S. COVID-19 vaccine mandate revived, Supreme Court showdown looms Read More »
BERLIN (Reuters) – Deutsche Telekom hopes to sell its radio tower business as soon as the first quarter of next year, Handelsblatt reported on Sunday, citing unnamed sources familiar with the matter. The telecoms business would be open for offers for a minority or majority stake, the German newspaper reported, estimating the valuation of the …
Deutsche Telekom preparing sale of radio tower business in Q1 – Handelsblatt Read More »
By Tuvan Gumrukcu and Mehmet Emin Caliskan ANKARA/ISTANBUL (Reuters) -Turkey’s largest business group urged President Tayyip Erdogan’s government on Saturday to abandon a monetary policy based on low rates that has prompted a crash in the lira, and called for a return to “rules of economic science”. The lira hit a record low beyond 17 …
Turkish business group calls for an end to Erdogan’s low-rates policy Read More »
By Arriana McLymore and Richa Naidu NEW YORK/CHICAGO (Reuters) – U.S. retailers opened their doors on Saturday to what they hope will be swarms of shoppers searching for last-minute holiday gifts, despite surging cases of the coronavirus, including the new, highly-contagious Omicron variant. The last Saturday before Christmas – dubbed ‘Super Saturday’ – is typically …
‘Super Saturday’ set to lure last-minute shoppers in U.S. despite Omicron surge Read More »
(Reuters) – Jefferies Financial Group Inc Chief Executive Officer Richard Handler said on Saturday the company is “tentatively shooting” for Jan. 17 as a return to office date. In an Instagram post, Handler said employees eligible for a coronavirus vaccine booster shot must get one before Jan. 31 to gain access to the lender’s offices. …
Jefferies CEO ‘tentatively shooting’ for Jan. 17 return to office Read More »
