NEW YORK, Aug 3 — Wall Street stocks edged lower early today as markets weighed mixed corporate earnings against global growth worries in light of the latest Covid-19 infections.
Strong earnings in the second quarter have helped keep stocks near records, even as the United States and other major economies contend with the Delta variant of Covid-19. Among individual companies, Activision Blizzard dropped 3.2 per cent as the video game maker unveiled a management shakeup following employee protests and a California state lawsuit alleging toxic workplace conditions and discrimination against women.
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US advises against travel to Greece, Ireland, Iran, US Virgin Islands | Malay MailWASHINGTON, Aug 3 ― The US Centers for Disease Control and Prevention (CDC) warned yesterday against travel to Greece, Ireland, Iran, the US Virgin Islands and other destinations because of a rising number of Covid-19 cases in those places. Other locations being raised to the CDC's “Level 4:...
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Blackstone and Hudson Pacific plan US$1b film studios in UK | Malay MailLONDON, Aug 2 — US firms Blackstone and Hudson Pacific Properties said they planned to create a major film, TV and digital production complex in Broxbourne, north of London, in the first overseas expansion of their Sunset Studios platform. Funds managed by the two companies had acquired a 91-acre...
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Nadal returns from foot injury needing work before US Open | Malay MailWASHINGTON, Aug 2 — Rafael Nadal returns from a foot injury layoff of nearly two months this week at Washington, trying to rebuild top form ahead of the US Open. The 35-year-old Spanish left-hander, who shares the all-time men’s record of 20 Grand Slam titles with Novak Djokovic and Roger...
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