VIX is a chart of “fear” and so far the fear has subsided, but it is showing a bullish divegence. What it means is that there is a possibility of fear coming back to the market.
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BBC News – Business- China forces Jack Ma's Ant Group to restructureThe overhaul will force the Alibaba-backed group to become a financial holding firm.
- Covid accelerates India's millionaire exodusAs Covid cases surge, India's wealthy lead global enquiries for citizenship and residency abroad.
- Covid lockdown eases: Celebrations as pub gardens and shops reopenShoppers have been rushing back to the High Street, where queues were seen outside some retailers.
- Shoppers rush back as High Streets reopen in England and WalesFootfall doubles as queues form outside branches of Primark, JD Sports and TK Maxx.
- Microsoft makes $20bn bet on speech AI firm NuanceThe US tech giant is buying artificial intelligence firm Nuance, best known for developing Apple's Siri.
- France moves to ban short-haul domestic flightsMPs vote to stop flights where the journey could be made by train in under 2.5 hours.
- Only two in five pubs in England reopenLess than half the pubs in England reopened on Monday, the industry says, and many face a fight for survival.
- Cyber-firm Darktrace eyes '£3bn' London share listingBoss Poppy Gustafsson says London is a "logical choice" despite Deliveroo's flop flotation.
- Brewdog reveals plans for beer-themed hotel in EdinburghThe Scottish firm says the Doghouse-branded boutique hotel will be in a former school in Market Street.
- Alibaba accepts record China fine and vows to changeChina's regulators slapped a $2.8bn fine on the e-commerce giant over monopoly concerns
- China forces Jack Ma's Ant Group to restructure
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