World Shares Skid, US Futures Turn Higher After Wall St Rout

World Shares Skid, US Futures Turn Higher After Wall St Rout

BANGKOK (AP) — Shares skidded Friday in Europe and Asia but U.S. futures turned higher after a rout in technology companies pulled the Nasdaq 3.5% lower in the steepest loss for the tech-heavy index since October. Tokyo’s Nikkei 225 index, which …
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'Self-employed' PPP winners have been largely white-collar. New Biden rules aim to change that.

The administration faces challenges as it seeks to use the $953 billion program to aid the most vulnerable sectors and populations.
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Oil Hit by Wider Sell-Off, But Still Set for Fourth Monthly Gain

Oil is heading for a fourth monthly gain with the global market tightening as investors await the OPEC+ meeting next week, watching for any changes to production strategy following a surge in prices. While oil was swept up in a broader market sell-off on …
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Farfetch swings to £1.65bn loss despite soaring revenues

Full year revenue at the online fashion retailer increased by 64 per cent year-on-year to $1.64 billion (£1.17 billion). Revenue for the quarter ending December 31, 2020, rose by …
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RSA cuts GVC aggregate reinsurance, balancing cost vs protection

RSA Group, the UK based insurance group, has cut its main Group Volatility Cover, an aggregate reinsurance protection, as it balanced cost against the protection it offered at the January 2021 reinsurance renewals. rsa-logo RSA has cut the Group Volatility …
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