finance

Exxon loses board seats to activist hedge fund in landmark climate vote

A tiny hedge fund dealt a major blow to Exxon Mobil Corp on Wednesday, unseating at least two board members…

5 years ago

HK’s Next Digital shares soar as trading resumes after Jimmy Lai assets frozen

Shares in jailed tycoon Jimmy Lai's Next Digital Ltd (0282.HK) soared on Thursday, the first day of trading after a…

5 years ago

Nvidia forecast beats expectations but crypto mining’s role remains unclear

Nvidia Corp (NVDA.O) forecast second-quarter revenue above analysts' estimates on Wednesday, but shares fell 1% after-hours as the company could…

5 years ago

World stocks to rise modestly, correction unlikely

World stocks will continue to rise this year on robust economic and earnings recoveries but any quickening of inflation would…

5 years ago

Wall Street edges up as U.S. bond yields stay tame

U.S. stocks closed out Wednesday's session with modest gains as recent comments from Federal Reserve officials helped tamp down concerns…

5 years ago

U.S. Justice Department starts probe on Archegos collapse – Bloomberg News

The U.S. Department of Justice is investigating the collapse of Bill Hwang's Archegos Capital Management, which cost big global banks…

5 years ago

EXCLUSIVE Delta Air makes $350 million gamble as it lobbies Biden on fuel credits

Delta Air Lines Inc (DAL.N) has stopped buying the credits its oil refining arm needs to comply with U.S. biofuel…

5 years ago

U.S. SEC considering new rules to tackle SPACS, crypto tokens

The U.S. Securities and Exchange Commission (SEC) is considering new rules to protect investors amid a surge in the use…

5 years ago

Wall Street edges up with U.S. bond yields in check

U.S. stocks edged higher on Wednesday as recent comments from Federal Reserve officials helped tamp down concerns about runaway inflation…

5 years ago

GameStop, AMC extend rallies, gouging short sellers

Shares of GameStop (GME.N) and cinema operator AMC Entertainment (AMC.N) rallied to their highest levels in months on Wednesday, with…

5 years ago