Americas

Wall Street opens higher ahead of Yellen speech; spotlight on earnings | Reuters

Wall Avenue’s most important indexes rose on Tuesday after upbeat earnings from large U.S. banks and Halliburton, whereas traders awaited a speech from U.S. Treasury Secretary nominee Janet Yellen that’s anticipated to advocate hefty fiscal spending.

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Netflix forecasts an end to borrowing binge, shares surge | Lisa Richwine, Eva Mathews

Netflix Inc mentioned on Tuesday its world subscriber rolls crossed 200 million on the finish of 2020 and projected it would not must borrow billions of {dollars} to finance its broad slate of TV exhibits and films.

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FOREX-Dollar hovers near one-month high as Biden's FX policy takes shape

www.reuters.com | … by an unwinding of bearish bets, with knowledge displaying that hedge funds piled up the most important web quick place since Could 2011 within the week ended Jan.

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Janet Yellen to say U.S. does not seek weaker dollar – WSJ | Reuters Staff

Janet Yellen, President-elect Joe Biden’s choose to take over the U.S. Treasury, is predicted to affirm the USA’ dedication to market-determined overseas alternate charges when she testifies on Capitol Hill on Tuesday, the Wall Road Journal reported on Sunday.

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Exclusive: Canada’s Couche-Tard drops $20 billion Carrefour takeover plan, sources say | Pamela Barbaglia

www.reuters.com | LONDON/PARIS (Reuters) – Canada’s Alimentation Couche-Tard has dropped its 16.2 billion euro ($19.6 billion) bid to amass European retailer Carrefour SA after the takeover plan bumped into stiff opposition from the French authorities, two sources acquainted …

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GameStop Surges Most Ever in Short Squeeze After Cohen Move |

www.bloomberg.com | A rush of quick masking and day buying and selling fueled a file inventory surge for GameStop Corp. simply days after the addition of activist investor and Chewy Inc. co-founder Ryan Cohen to the video-game retailer’s board. The Grapevine, Texas-based firm spiked a …

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CORRECTED-FOREX-Dollar slips as yuan fixing lifts riskier currencies | Reuters

(Corrects milestone in first paragraph to refer to alter in yuan midpoint, somewhat than its absolute stage) * Greenback index languishing close to 2-1/2-year low * Dollar earlier acquired respite amid virus surge * Graphic: World FX charges in 2020 https://tmsnrt.rs/2RBWI5E By Kevin…

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Fed's Barkin: Gusher of federal aid to economy "likely behind us"

in.reuters.com | … outcomes of the November election and gradual distribution of a coronavirus vaccine seemingly means U.S. authorities reduction for the economic system has peaked, …

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Moody's says Mexican economy won't reach pre-pandemic levels until at least 2023

in.reuters.com | Mexico's economic system was already in a slight recession in 2019 earlier than the COVID-19 pandemic ravaged Latin America's second largest economic system and …

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