xzelenz

Stuff that matters

AmEx again delays return to office for U.S. staff

American Express Co (AXP.N) on Thursday again delayed a return to the office for its U.S. employees due to the fast-spreading Delta variant, setting Jan. 24 as the target date

Read More

Chinese regulatory squeeze weighs on gaming shares worldwide

Chinese gaming and related shares skidded on Thursday, dragged down by an ongoing regulatory squeeze that has engulfed industries ranging from online platforms and entertainment to for-profit tutoring and real

Read More

ECB trims emergency support – but don’t call it tapering

The ECB did so by slowing the pace of its Pandemic Emergency Purchase Programme (PEPP), which has kept borrowing costs low as governments took on unprecedented amounts of debt to

Read More

Amazon to fully fund college tuition for frontline employees

Amazon.com Inc (AMZN.O) will fully fund college tuition for over 750,000 of its frontline employees, the e-commerce giant said on Thursday, stepping up its efforts to attract and retain workers

Read More

European stocks pare losses after ECB slows stimulus, as expected

Euro zone stocks bounced off session lows to end little changed on Thursday after the European Central Bank signalled it will only slightly reduce its emergency bond purchases over the

Read More

Nestle sees higher input cost inflation next year

Nestle (NESN.S) expects even higher input cost inflation in 2022 than this year, the world’s biggest food group’s chief financial officer said on Thursday. “If we talk of 2022, it

Read More

Walmart to scrap quarterly bonuses as it raises wages

Walmart Inc (WMT.N) said on Thursday it was phasing out its decades-old quarterly bonuses for store workers as it implements hourly wage raises for employees. The U.S. retailer would scrap

Read More