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Futures drop with Tesla jobs, US payrolls in focus

Bloomberg US index futures fall after a report that Tesla Inc Chief Executive Officer Elon Musk said the electric carmaker needs to cut staff amid a gloomy economic outlook. Investors are also awaiting key US payrolls data that they will study for clues on the pace of Federal Reserve policy tightening. Tesla shares slid 4.2% in New York premarket trading. ...

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Strong dollar latest headache for pricey software stocks

  Bloomberg Even better-than-expected earnings haven’t been enough to stem this year’s rout in software stocks, and now the sector is getting hit with another headwind: the stronger dollar. Salesforce Inc, one of the last big tech companies to report first-quarter earnings, surprised investors with a bullish forecast this week. Overall, 85% of software companies in the S&P 500 reported ...

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Expo 2020 scoops 29 Global Telly Awards across multiple categories

  Dubai / WAM Two months after the curtain came down on Expo 2020 Dubai, the first World Expo held in the Middle East, Africa and South Asia (Measa) region is still celebrating its glorious success after receiving 29 Global Telly Awards across multiple categories for its spectacular Opening Ceremony. The Expo Dubai Explorer App also won a Gold Telly ...

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