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Business

Australia's antitrust chief claims victory after Facebook standoff

The architect of Australia's laws forcing Google and Facebook to pay media companies for content claimed victory on Wednesday though critics said last-
minute changes to appease Facebook favoured Big Tech over smaller news outlets.

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4:22am EST

Show us the
plan: Investors
push companies
to come clean
on climate
4:02am EST

FAA orders
immediate
inspections of
some Boeing
777 engines
after United
failure
1:45am EST

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Exclusive: Ant
investor Boyu
Capital targets
$6 billion for
new private
equity fund -
sources
1:38am EST

Business Video

Hyundai to replace EV FAA orders inspections of Macy's delivers upbeat 2021

batteries over fire risk some Boeing 777 engines sales forecast
01:05 01:17 01:10

Hyundai to replace EV batteries over FAA orders inspections of some Macy's delivers upbeat 2021 sales
fire risk Boeing 777 engines forecast

European shares strengthen, but tech stocks under pressure

European shares opened generally higher on Wednesday but world shares remained in the red after a weak Asian session, even after Fed Chair Jerome Powell
pushed back against inflation fears.

4:14am EST

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The cash-flush amateurs hunting game cards, handbags and art

Stocks, bonds and commodities? Old hat.

1:52am EST

Hyundai Motor to replace battery systems in $900 million electric car recall

Hyundai Motor Co will replace battery systems in some 82,000 electric vehicles globally due to fire risks - a costly $900 million recall that lays bare the thorny
issue of how car and battery makers split the bill when problems arise.

4:24am EST

Deutsche Bank upgrades U.S. GDP forecast on stimulus push

Deutsche Bank economists have upgraded their 2021/2022 forecasts for U.S. GDP growth on expectations of a bigger stimulus package in the world's largest
economy, a strategist at the German bank said on Wednesday.

4:44am EST

UK's Lloyds targets wealth push and office cuts after profit drop

Lloyds Banking Group's outgoing Chief Executive António Horta-Osório set out fresh targets to expand the lender's insurance and wealth business and further
cut costs, as the bank resumed a dividend despite a sharp fall in profits for 2020.

4:58am EST

Digital health checks vital to travel recovery, Heathrow says

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Digital health checks will be vital to a recovery in foreign travel from the COVID-19 pandemic, Britain's Heathrow airport said on Wednesday, after a collapse
in passenger numbers saw it plunge to a 2 billion pound ($2.8 billion) loss last year.

4:42am EST
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Markets

Stocks
S&P » 3,881.37 +0.13%
Dow » 31,537.35 +0.05%
FTSE 100 » 6,613.37 -0.19%
Nikkei 225 » 29,671.70 -1.61%
Bonds
US 10YR +1.342 -0.022
DE 10YR -0.313 +0.004
JP 10YR +0.123 +0.003
Currencies
USD / EUR » 0.8222 -0.10%
USD / GBP » 0.7060 -0.35%
USD / JPY » 105.7700 +0.50%
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