Amazon.com Inc. AMZN, -2.73% has given the Federal Trade Commission a mid-March deadline to rule on Amazon’s proposed $6.5 billion purchase of the MGM movie and television studio, according to a Wall Street Journal report on Thursday. The ultimatum came after the e-commerce giant certified to the FTC that it provided all the information requested […]
KER Holding OnShares in Kernel, the Ukrainian firm which is the largest global exporter of sunflower oil, are attempting to bounce back this week. As news of the Russian invasion broke last week, the company’s stock price went into free fall, collapsing more than 20% from the high $47s to lows around $25. With massive […]
BOC Highlights Upside RisksThe Bank of Canada kicked off its tightening cycle as expected yesterday. BOC governor Macklem announced a .25% hike and signalled further hikes to come across the year. The statement issued alongside the rates move noted that “Price increases have become more pervasive, and measures of core inflation have all risen. All […]
• Natural gas reversed from resistance level 5.000• Likely to fall to support level 4.40 Natural gas recently reversed down from the key resistance level 5.000 (which has been reversing the pair from the end of January). The resistance zone near the resistance level 5.000 was strengthened by the upper daily Bollinger Band and by […]
Cisco Systems Inc. CSCO, -0.14% is the latest major U.S. company to pause business operations in Russia because of its invasion of Ukraine. Cisco Chief Executive Chuck Robbins told staff in an letter Thursday that “Cisco is stopping all business operations in Russia and Belarus and will continue to focus on supporting our Ukrainian employees, […]
ANNOUNCEMENT BY THE FINANCIAL SERVICES AND MARKETS AUTHORITY, PUBLISHED IN APPLICATION OF ARTICLE 7, § 3, OF THE LAW OF 2 AUGUST 2002 Trading in the financial instruments of Ablynx, BE0003877942 on Euronext Brussels will re-open on 08/01/2017 at 15:00 CET. Source: FSMA