Doubles

Russia’s VTB more than doubles first quarter net profit on lower provisions

April 19, 2021 MOSCOW (Reuters) – Russia’s second-largest bank VTB more than doubled its net profit in the first quarter compared with a year ago as it cut provisions against non-performing loans, the state-run lender said on Monday. VTB’s financial performance took a hit in 2020 from the need to increase provisions against bad loans …

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Trump Doubles Down on Criticism of ‘Far Too Weak’ Georgia Election Law

Former President Donald Trump on Tuesday renewed his criticism of the recently enacted set of election reforms in Georgia, saying the new law failed to eliminate no-excuse mail-in voting and did away with signature verification, among other issues. “Georgia’s election reform law is far too weak and soft to ensure real ballot integrity! Election Day …

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Psaki Doubles Down on Biden’s Misleading Georgia Election Law Critique

The White House on Thursday defended President Joe Biden’s inaccurate critique of Georgia’s newly passed election reform law. Biden has claimed that the law requires polls to close at 5 p.m. but it does not. He also said the bill bars people from providing voters who are in line with water or food. It does, …

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Instacart valuation more than doubles to $39 billion with latest funding round

FILE PHOTO: Instacart employee Eric Cohn, 34, searches for an item for a delivery order in a Safeway grocery store while wearing a respirator mask to help protect himself and slow the spread of the coronavirus disease (COVID-19) in Tucson, Arizona, U.S., April 4, 2020. REUTERS/Cheney Orr March 2, 2021 (Reuters) – Instacart has more …

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GameStop stock doubles in afternoon; even Reddit is surprised

FILE PHOTO: GameStop logo is seen near displayed stock graph in this illustration taken February 2, 2021. REUTERS/Dado Ruvic/Illustration February 25, 2021 By David Randall and Sinéad Carew NEW YORK (Reuters) – GameStop Corp shares more than doubled in afternoon trading on Wednesday, surprising those who thought the video game retailer’s stock price would stabilize …

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Petrobras shares slump as Brazil’s Bolsonaro doubles down on intervention

FILE PHOTO: A logo of Brazil’s state-run Petrobras oil company is seen at its headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes/File Photo February 22, 2021 By Sabrina Valle and Gram Slattery RIO DE JANEIRO (Reuters) – Petrobras shares plunged 21% on Monday, wiping out 70 billion reais ($12.7 billion) in market …

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Trump Doubles Down on Sending $2,000 Stimulus Checks to Struggling Americans

President Donald Trump insisted that he wants to send $2,000 stimulus checks to Americans who are impacted by the CCP (Chinese Communist Party) virus. “I simply want to get our great people $2,000, rather than the measly $600 that is now in the bill. Also, stop the billions of dollars in ‘pork,’” he wrote in …

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