Exchange-traded funds with exposure to casino stocks jumped Monday after Chinese authorities announced plans to loosen travel restrictions on people returning to the mainland from Macau. The VanEck Vectors Gaming ETF BJK, +4.04% was 3.6% higher …
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(Reuters) – Huawei Technologies Co Ltd, the telecoms firm and No.2 smartphone maker, on Monday reported a 13.1% rise in revenue in the first half of the year, showing slower growth as U.S. officials continue to pressure the company’s suppliers and …
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(Reuters) – Pershing Square Tontine Holdings Ltd, the blank check company backed by billionaire investor Bill Ackman, has increased the size of its initial public offering by $1 billion to $4 billion, the largest ever IPO by a special purpose acquisition company.
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(Reuters) – The global pandemic that roiled markets in the spring and disrupted daily life across the world is not delaying financial regulators’ plans to ditch Libor, an interest rate benchmark that was tainted with scandal after banks rigged it for years, New York …
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In what could be the start of a rebound for Macau gaming operators, Guangdong province is lifting its 14-day quarantine policy on all visitors returning from the gaming center. That change goes into effect early Wednesday, July 15. The Guangdong/Macau …
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