News That Matters

Tag: following

US stock futures rise slightly following Dow’s third-worst day ever

US stock futures rise slightly following Dow’s third-worst day ever

Finance
Traders and financial professionals work during the opening bell on the floor of the New York Stock Exchange (NYSE), May 14, 2019 in New York City.Drew Angerer | Getty ImagesStock futures opened higher on Monday night after Wall Street suffered massive losses earlier in the day amid concerns over the economic blow from the coronavirus outbreak.Dow Jones Industrial Average futures rose by 36 points, or about 0.2%. S&P 500 and Nasdaq 100 futures were also higher. The Dow Jones Industrial Average and S&P 500 had their worst day since the "Black Monday" crash of 1987, falling 12.9% and 12%, respectively. It was also the Dow's third-worst day ever. The Nasdaq Composite had its biggest one-day plunge ever, tumbling 12.3%.The Cboe Volatility Index — Wall Street's preferred fear
Tidjane Thiam quits as Credit Suisse CEO following spying scandal

Tidjane Thiam quits as Credit Suisse CEO following spying scandal

Finance
Credit Suisse CEO Tidjane ThiamFAFabrice Coffrini | AFP | Getty ImagesCredit Suisse CEO Tidjane Thiam is stepping down in the wake of a spying scandal, and will be replaced by Thomas Gottstein who currently heads the bank's Swiss unit.In a statement Friday morning, the board of directors said it had unanimously accepted Thiam's resignation, following the presentation of the Swiss lender's fourth-quarter and full-year results. Chairman Urs Rohner said Thiam has made an "enormous contribution" to the bank since he joined in 2015. He will step down on Feb. 14."Under Tidjane's leadership, Credit Suisse simultaneously repurposed our strategy, restored our capital, reduced our costs, de-risked our business, promoted diversity and engendered an exceptional level of co-operation between various di...
Scooter Braun’s family ‘received death threats’ following Taylor Swift feud

Scooter Braun’s family ‘received death threats’ following Taylor Swift feud

Entertainment
Music manager Scooter Braun says his family received "numerous death threats" after Taylor Swift said he was stopping her from playing her old hits.The star has been vocal in her disapproval of Braun since his company bought her back catalogue in June.She accused him of "incessant bullying", and said he had tried to sabotage an award show appearance.Braun had remained silent on the feud but said threats to his family had forced him to change his mind."I came home tonight to find my wife had received a phone call threatening the safety of our children" he wrote in an open letter to Swift, which appeared on his Instagram account.The 38-year-old also posted a screenshot of a text he'd received saying: "Why don't you just die with yo...
Russian troops patrol Syrian border following deal with Turkey

Russian troops patrol Syrian border following deal with Turkey

World
Russian troops have begun patrols on the Syrian border to remove Kurdish fighters as part of an agreement with Turkey.The forces were seen heading towards the city of Kobane in northern Syria the day after Turkey and Russia agreed measures to remove Syrian Kurdish fighters from the border and jointly patrol the area. As part of the deal, Syrian President Bashar al Assad's forces will establish 15 posts at the border alongside Russian troops, according to the Interfax news agency. Image: Russian soldiers will be patrolling along the Syrian border. File pic The agreement came at the end of a five-day ceasefire which had been brokered to allow the Kurds to withdraw following Turkey's incursion into northeast Syria.Now the Kremlin has dem...
Ex-Manchester United defender Patrice Evra says Arsenal are ‘babies’ following defeat at Sheffield United

Ex-Manchester United defender Patrice Evra says Arsenal are ‘babies’ following defeat at Sheffield United

Sports
Patrice Evra claims Arsenal are no different to the days when he played against them at Manchester United.The Gunners suffered their second Premier League defeat of the season after going down to a 1-0 defeat to Sheffield United on Monday night. AFP or licensors Arsenal endured a frustrating evening at Bramall Lane Lys Mousset’s first-half goal was all that separated the two sides in a game which saw record Gunners signing Nicolas Pepe miss a sitter from six yards out. Bukayo Saka was cautioned for diving in the box while Unai Emery’s assistant Freddie Ljungberg was shown a yellow card for his animated protests on the touchline. The result means Arsenal missed out on the opportunity to go third in the table. And Evra didn’t hold back in his criticism of th