Sruthi Shankar
Sruthi Shankar
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Twitter tumbles as Trump ban puts social media in spotlight

Twitter tumbles as Trump ban puts social media in spotlight

By , (Reuters) - Twitter Inc’s stock tumbled over 6% on Monday after its move to permanently suspend U.S. President Donald Trump’s widely-followed account spurred concern among investors over the future regulation of social networks.The San Francisco-based social media company said on Friday its suspension of Trump’s account, which had 88 million followers, was due to the risk of further violence following the storming of the U.S. Capitol last week.The move drew criticism from some Republicans for quelling the president’s right to free speech, while European Union Commissioner Thierry...

January 11, 2021
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European stocks ends higher on vaccine cheer, M&A support

European stocks ends higher on vaccine cheer, M&A support

By , (Reuters) - European stock markets were steady on Wednesday as a couple of takeover deals in the region helped offset worries about fresh lockdown measures to battle a surge in coronavirus cases.The pan-European STOXX 600 traded flat after opening slightly lower, helped by gains in retail and technology sectors.The benchmark index reclaimed late-February highs on Monday after encouraging COVID-19 vaccine updates from drugmaker Moderna and Pfizer last week.“A lot of good news has happened. Markets are looking for the next bit of good news, and it may be a little difficult at this time,”...

November 18, 2020
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