Sale of oil from China is a clear message for OPEC +

[ad_1] China made headlines last week with the announcement that it would release crude oil from its strategic oil reserve and sell it in a move Bloomberg called “an unprecedented intervention”. Indeed, it was the first time that China announced the sale of oil from its strategic reserve. The size of this reserve is unknown … Read more

Macau casinos see $ 14 billion erasure as China tightens control

[ad_1] Macau’s major gaming stocks on Wednesday lost a record $ 14 billion in combined market value after officials said they would change casino regulations to tighten restrictions on operators, including appointing representatives government to “oversee” businesses in the world’s largest gaming center. The Bloomberg Intelligence Index of the six big casino operators fell 19% … Read more

New lawsuit accuses Activision Blizzard of intimidation of workers and denigration of unions • Eurogamer.net

[ad_1] Employees have filed a new lawsuit against Activision Blizzard accusing the company of using “coercive tactics” to prevent organizational efforts to improve working conditions – amid an ongoing lawsuit by the California Department of Fair Employment and Housing alleging sexual harassment, discrimination and a “boy brotherhood” work culture at Blizzard. Following that first filing, … Read more

Microsoft raises dividend, unveils $ 60 billion share buyback program

[ad_1] Text size Cindy Ord / Getty Images Expanding its return of capital program to shareholders, Microsoft said Tuesday evening that its board of directors voted both to increase its quarterly dividend and to adopt a new share buyback program. Microsoft (ticker: MSFT) increased its quarterly dividend rate by 11%, from 56 cents to 62 … Read more

Asian stocks stumble as weak Chinese data fuels global growth concerns

[ad_1] A man wearing a protective mask walks past a stock quote board outside a brokerage house, amid the coronavirus disease (COVID-19) outbreak, in Tokyo, Japan, November 2, 2020 . REUTERS / Issei Kato HONG KONG, Sept. 15 (Reuters) – Asian stocks fell on Wednesday as weak Chinese economic data heightened concerns over slowing growth … Read more

TikTok: social media giant to deploy support for user mental health

[ad_1] The new resources, which the company says will roll out globally in the coming months, include an extensive guide to eating disorders and a feature that will direct users to local support, such as a crisis line of text, if they search for terms such as suicidal. [ad_2] Source link

Steve Cohen throws himself into crypto after early doubts – Bloomberg

[ad_1] Steve Cohen throws himself into crypto after early doubtsBloomberg Steven Cohen to invest in Crypto Quant trading companyThe Wall Street Journal Hedge fund Mets owner Steven Cohen invests in crypto trading firmFortune Billionaire Cohen to invest in new crypto trading company RadklBloomberg GTS Founder Announces New Digital Asset Trading Company “Radkl”Business thread See full … Read more