When Zoom Video Communications (NASDAQ: ZM) introduced end-to-end encryption for paying customers only, the video meetings specialist met a firestorm of criticism. The controversy lasted about two weeks, and Zoom has now decided to provide end-to-end encryption for all types of
The reopening U.S. economy has been one of the main engines powering stock market activity for the past week-plus (subtracting last Thursday’s temporary meltdown), with commodity and equipment transportation, waitstaff and kitchen workers, and drug companies making strides in
Brazil's central bank cut its benchmark interest rate by 75 basis points on Wednesday to a record-low 2.25%, as expected, in a move to cushion what may be the country's worst economic crash on record.
Honduras (B1/BB-) enjoyed strong demand on its first US dollar bond in over three years Wednesday when it raised US$600m to repay electric sector debt as part of ongoing energy reforms.
The operators of the goalline technology system used in the Premier League apologised for an embarrassing failure after Sheffield United were denied a clear goal in their match against Aston Villa on Wednesday.
DALLAS/NEW YORK/LONDON/HONG KONG (Reuters Breakingviews) - Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.
Technology stocks were hanging on for narrow gains, with the SPDR Technology Select Sector ETF advancing 0.2% while the Philadelphia Semiconductor Index was rising 1%.
Financial stocks lost more ground in afternoon trading, with the NYSE Financial Index dropping 1% while the SPDR Financial Select Sector ETF was falling 1.7%.
Consumer stocks turned lower in Wednesday trading, with the SPDR Consumer Staples Select Sector ETF slipping 0.2% this afternoon while the SPDR Consumer Discretionary Select Sector ETF also was dropping about 0.3%.
Energy stocks extended their slide after new government data showed crude oil inventories grew by 1.2 million barrels during the seven days ended June 12 compared with consensus forecasts by industry experts polled by S&P Global Platts looking for a 3.5 million-barrel decli
South Africa's President Cyril Ramaphosa said on Wednesday casinos, cinemas, personal care services and certain forms of accommodation will be allowed to operate as the country further eases coronavirus lockdown restrictions.
Aston Villa and Sheffield United drew 0-0 on Wednesday as the Premier League returned to action after a 100-day hiatus due to the COVID-19 crisis with strong anti-racism statements and immediate controversy.
What happened
Shares of Novavax (NASDAQ: NVAX) were jumping 5.8% as of 3:13 p.m. EDT on Wednesday after rising as much as 11.9% earlier in the day. The biotech announced the hiring of two new senior executives: Senior Vice President and Chief Medical Officer Filip Dubovsky and
Amazon.com Inc on Wednesday launched a website for shoppers in Saudi Arabia, showing its continued business interests there despite a public dispute between Riyadh and the company's chief executive, Jeff Bezos.
The U.S. economy is beginning to recover from the worst of the coronavirus crisis, but with some 25 million Americans displaced from work and the pandemic ongoing, it will need more help, Federal Reserve Chair Jerome Powell told lawmakers on Wednesday.