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Tag: investment

Is Amazon ready to raise the price of Prime delivery? Wall Street thinks so

When Amazon.com Inc on Thursday reports how it fared during the holiday quarter, a key question will be if the retailer will finally raise the price of Prime, its fast-delivery and media subscription.

Turbulent January could bode poorly for rest of year for U.S. stocks

2022 is off to a turbulent start for U.S. stocks.

After volatile January, world stocks start February on firm note

World stocks began the new month on firmer ground, after a volatile January, as reassuring comments from Federal Reserve officials helped to calm rate-hike jitters.

EXCLUSIVE Vodafone teams up with Intel on OpenRAN in challenge to network suppliers

Vodafone (VOD.L) has teamed up with Intel Corp and other silicon vendors to design its own chip architecture for nascent OpenRAN network technology, aiming to weaken the grip of traditional telecoms equipment suppliers.

U.S. helps fund California port project as export delays hurt food makers

The U.S. Department of Agriculture said on Sunday it will help fund a new container yard for agricultural exports at California’s Port of Oakland, as the government, ports and food companies scramble to ease costly shipping delays.

EXCLUSIVE Pearson buys certification group Credly in deal valued at $200m

Education group Pearson has agreed to buy the certification company Credly to expand its offering to businesses looking to train and retain workers at a time of tight labour markets and rapid technological innovation.

Elliott and Vista nears $13 billion deal to buy Citrix – source

Elliott Management Corp and Vista Equity Partners are close to buying Citrix Systems Inc (CTXS.O) in a deal that values the U.S. cloud computing company at about $13 billion, according to a person familiar with the matter.

Ryanair posts quarterly loss but says fares could rise this summer

Ryanair (RYA.I) reported a loss of 96 million euros ($107 million) for the final three months of 2021 but said it was hopeful that rivals’ cuts to capacity may help push prices up in the key summer season.

Caixabank Q4 profit hit by lending income slide

Lower lending income contributed to a 52% drop in net recurring profit at Spain’s Caixabank (CABK.MC) in the fourth quarter, along with the impact of lower one-off gains.

Italy’s UniCredit beats profit forecasts and drops Russian deal

Italian bank UniCredit (CRDI.MI) posted better than expected 2021 results on Friday as the push by new Chief Executive Andrea Orcel to lift revenue began to bear fruit while costs remained in check despite rising pay and one-off charges.

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