Chinese Property Developers Shares Rise after Hangzhou Lifts Buying Restrictions
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EasyJet expects summer demand to lift earnings after a narrowed first-half loss, but the airline's outlook for the end of the year weighed on its shares.
EasyJet expects summer demand to lift earnings after a narrowed first-half loss, but the airline’s outlook for the end of the year weighed on its shares.The Wall Street Journal - World -
Chinese Shares End Higher; Commodity Stocks Lead Gains
China’s benchmark Shanghai Composite ended 0.5% higher, as sentiment remained positive following Beijing’s stimulus measures targeting the property sector.The Wall Street Journal - World - China -
Biogen and Ionis Pharma shares slide as they end development of ALS treatment
The move comes after early-stage trial failed to result in a clear signal it slowed the disease process.MarketWatch - Business -
Alibaba Shares Rise as Investors Grow Confident in Outlook
The e-commerce giant’s shares rose in Hong Kong, recouping losses from a day earlier as investors turned upbeat on its latest earnings release.The Wall Street Journal - World -
Alibaba Shares Rise as Investors Grow Confident in Outlook
The e-commerce giant’s shares rose in Hong Kong, recouping losses from a day earlier as investors turned upbeat on its latest earnings release.The Wall Street Journal - Business -
Chinese shoppers are buying less than they used to — but they're spending on experiences
Yahoo News - World -
U.K.’s largest property developer says office tap-ins up 18%
Higher interest rates knocked £625 million off the value of Landsec’s office portfolioMarketWatch - Business -
British investor in talks to buy 49% share in Teesside International Airport
Michael Flacks wants to transform the facility into a cargo, repair and maintenance hubFinancial Times - World -
Nigerian beach developer to expand into Gambia after Lagos demolition
Yahoo News - World -
Australian PM’s Support Rises After Big-Spending Budget
Yahoo News - World - Australia -
PGA Championship Round 3 live updates, leaderboard: Morikawa, Schauffele share lead after wild Moving Day at Valhalla
Xander Schauffele held a one-shot lead entering play on Saturday at Valhalla.Yahoo Sports - Sports -
GameStop shares fell 20% after the videogame retailer said that it would sell up to 45 million more shares and that sales were continuing to slide sharply.
GameStop shares fell 20% after the videogame retailer said that it would sell up to 45 million more shares and that sales were continuing to slide sharply.The Wall Street Journal - World -
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.The Wall Street Journal - World -
Harrison Butker’s jersey sales rise as right wing lauds Chiefs kicker after rant
Josh Hawley among conservatives delighted by football player’s commencement speech pummeling Pride and working women . Harrison Butker’s university commencement address at Benedictine College excoriating Pride month, working women, abortion rights ...The Guardian - World -
7 dead in Houston area after storms and 100-mph winds; power outages and rising temperatures fuel new fears
Seven people have died in Houston and the surrounding county after severe weather ripped down power lines and trees and toppled brick walls, officials said Friday.NBC News - Top stories -
After Adobe collapse, Figma deal allows employees to sell shares at $12.5 billion valuation
Figma on Thursday announced a tender offer that will allow current and former employees to sell shares at a valuation of $12.5 billion.CNBC - Business -
GameStop’s stock slides premarket after company issues profit warning, files to issue more shares
GameStop Corp.’s stock fell 19% early Friday, after the videogame retailer and key meme stock issued a profit and sales warning for the first quarter and filed to sell new shares.MarketWatch - Business -
GameStop shares fall 20% after it files to sell additional stock, says first quarter sales dropped
GameStop said it plans to sell securities and reported preliminary results that showed a drop in first-quarter sales.CNBC - Business -
GameStop to sell up to 45mn new shares after latest ‘meme stock’ rally
Video games store operator announces preliminary results showing expectations of further drop in net salesFinancial Times - Business -
Justice Department moves forward with easing restrictions on marijuana
The Justice Department officially proposed a new rule on Thursday that would reclassify marijuana as a Schedule III drug.CBS News - Top stories -
Americans split on abortion pill restrictions ahead of Supreme Court ruling
Americans are split on whether women should be required to have an in-person visit with a doctor before receiving abortion pills ahead of the Supreme Court ruling that will determine access to mifepristone, one of the two drugs used in medication ...The Hill - Politics - Abortion -
German parliament approves plans to relax strict restrictions on family names
The German parliament has approved plans to relax strict restrictions on family names — clearing the way, among other things, for couples to take double-barreled surnames and pass them on to their childrenABC News - World - Germany -
A misguided move on Chinese tariffs
New Biden levies on Beijing undermine the global economy and the climate transitionFinancial Times - World -
Rescued Rangers: Kreider lifts N.Y. to East final
Chris Kreider had a third-period hat trick to help New York erase a two-goal deficit and beat Carolina 5-3 in Game 6 on Thursday night.ESPN - Sports -
Aristocrat to Consider Sale, Spinoff of Game Developers
Australia-based slots and digital gaming company Aristocrat Leisure will consider a sale or a spinoff of two game developers that no longer fit in as well in its portfolio.The Wall Street Journal - Business -
A Total War Star Wars Game Is Reportedly In Development
A Star Wars-themed Total War game is reportedly currently in development over at Creative Assembly.. According to to DualShockers, there are three Total War games being worked on right now. It's unclear which project Creative Assembly is furthest ...GameSpot - Tech -
Nutritionist lifts lid on transforming Tyson Fury
Sheffield nutritionist Greg Marriott has lived with, and cooked for, the boxer for seven months.BBC News - Top stories - Boxing -
Boil water notice mostly lifted in Devon
South West Water says about 2,500 homes will have to keep boiling water due to a parasite.BBC News - Top stories -
The Race to Buy TikTok Is On—but There Might Not Be a Winner
Investors are interested in buying TikTok so that it can avoid a US ban. But even if ByteDance accepts, a takeover will be far from simple.Wired - Tech - Tiktok -
China Regulators to Discuss Property Aid With Banks Friday
Yahoo News - World - China -
China unveils package to boost property sector
Central bank eases lending requirements and lowers downpayments to ease years-long slowdownFinancial Times - World - China -
China moves to revive stricken property sector
Also in this newsletter: main UK political parties ramp up campaigning, US-built pier in Gaza opens for aid, science round-upFinancial Times - World - China -
The Properties High Interest Rates Can't Touch
Competition to buy the world’s most exclusive stores is intense despite modest rent growth.The Wall Street Journal - World -
A New Centrism Is Rising in Washington
Call it neopopulism: a bipartisan attitude that mistrusts the free-market ethos instead of embracing it.The New York Times - Top stories -
Divesting shares: does it work?
Offloading shares for moral reasons needs to be part of an overarching strategyFinancial Times - World -
Chinese ambassador promises 'friendship' as 2 Chinese warships dock in Cambodia
Two Chinese warships have docked at a commercial port in Cambodia, in preparation for joint naval exercises between the two countriesABC News - World - China -
Tom Brady won't be restricted on NFL games he can broadcast despite pending ownership deal with Raiders
An NFL exec says as of right now, 'Tom's able to call any game on the schedule'CBS Sports - Sports - NFL -
Inside Britain’s Chinese student boom
Universities are increasingly reliant on a growing cohort. What does it mean on campus and off?Financial Times - World - China -
Germany's parliament lifts immunity for prosecution of a far-right lawmaker
Yahoo News - World -
UK to lift ban on debit card use on gaming machines
Move designed to boost physical venues under pressure from online bettingFinancial Times - Business - United Kingdom