International News
New York Attorney General files suit against Amazon
New York Attorney General Letitia James has filed suit against Amazon, claiming the online retail giant had failed to provide workers with a safe environment at two of its warehouses in the state amid surging Covid-19 infections.
US industrial output and capacity use beat forecasts in January
Industrial production in the US grew slightly more quickly than anticipated in January, helped by the ongoing rebound in the oil patch, although the output of many goods including energy, remained below their year-earlier levels still.
US final demand prices jump past forecasts in January
Wholesale inflation rose more quickly than expected at the start of 2021 on the back of a jump in energy and services prices.
US retail sales rocket in January
Retail sales volumes in the US shot higher last month with across the board strength in all categories.
Moderna accelerates Covid-19 vaccine shipments to US for Q2 and Q3
Moderna is accelerating shipments of its Covid-19 vaccine to the US federal government as the country races to head off the pandemic.
Moderna to supply EU with additional 150m doses of its Covid vaccine
The European Commission has purchased an additional 150m doses of Moderna’s Covid-19 vaccine, due to be delivered in the third and fourth quarter of the year.
Credit Suisse's Golub says rising Treasury yields are a 'positive' for Wall Street
The rise in government bond yields and narrowing credit spreads are a signal that the economy is on the mend, a good omen for stocks, Credit Suisse strategist Jonathan Golub said.
US pre-open: Futures mixed, Dow on track to narrowly extend gains
Wall Street futures were mixed ahead of the bell on Wednesday after the Dow Jones hit yet another all-time high in the previous session.
Citi says a correction on Wall Street 'very likely'
A so-called 'correction' on Wall Street is increasingly likely now that the risk-reward offered by shares has turned 'neutral', Citigroup said.
Pfizer-BioNTech to supply EU with additional 200m doses of Covid-19 vaccine
Pfizer and BioNTech have agreed to supply the European Union with an additional 200 million doses of their Covid-19 vaccine.
EU car sales plunge to record January low
EU car registrations plunged to a record low for January as Covid-19 restrictions and economic uncertainty weighed heavily on sales.