Friday, 22 January 2021

Daily Investor Update: Exclusive: Brazil's Vale, state government $2 billion apart on disaster settlement, source says

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Exclusive: Brazil's Vale, state government $2 billion apart on disaster settlement, source says

Brazilian miner Vale SA and state authorities narrowed their gap in a potential settlement deal over the Brumadinho mining disaster to 11 billion reais ($2 billion) before talks fell apart, a person close to the negotiations told Reuters on Friday.

Stocks, oil fall on weak data, earnings

A gauge of stocks across the world slipped from record highs on Friday and oil prices fell to end the week little changed as weak economic data and underwhelming earnings drove investors to reverse some recent risky bets.

IBM, Intel slump weighs on Wall Street as coronavirus concerns rise

Wall Street's main indexes slipped on Friday, dragged down by losses in blue-chip technology stalwarts Intel and IBM following their quarterly results, as hopes dim for a full economic reopening in the coming months.

United Airlines CEO calls on companies to mandate COVID-19 vaccination

United Airlines may make the COVID-19 vaccine mandatory for employees, and other companies should do the same, United Chief Executive Officer Scott Kirby told workers at a meeting on Thursday, according to a transcript reviewed by Reuters.

Italy's Mediaset appeals verdict that freed up Vivendi's voting rights: sources

Mediaset has lodged an appeal against a court ruling that lifted restrictions placed on French media giant Vivendi's stake in the Italian broadcaster, two legal sources said on Friday.

Biden names U.S. SEC Commissioner Herren Lee acting head of regulator

U.S. President Joe Biden has named U.S. Securities and Exchange Commission Commissioner Allison Herren Lee, a Democrat, as acting chief of the financial industry regulator, the SEC said in a statement.

Even without Keystone XL, U.S. set for record Canadian oil imports

The Keystone XL pipeline project may be dead, but the United States is still poised to pull in record imports of Canadian oil in coming years through other pipelines that are in the midst of expanding.

PM Trudeau sees 'new era' of Canada-U.S. relations before first call with Biden

Prime Minister Justin Trudeau stressed the common ground Canada and the United States share ahead of his first phone call with U.S. President Joe Biden later on Friday, adding that it was the start of a "new era" for the two countries.

Boeing says its fleet will be able to fly on 100% biofuel by 2030

Boeing Co said on Friday it will begin delivering commercial airplanes capable of flying on 100% biofuel by the end of the decade, calling reducing environmental damage from fossil fuels the "challenge of our lifetime."

Tech shares could retake market reins as earnings heat up

A bevy of major U.S. earnings reports next week led by Apple, Microsoft and Facebook could help technology and growth stocks reassert their dominance after a recent run by banks, energy and other potential beneficiaries of an economic reopening.

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