IBT Staff Reporter

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Analysis-Shorts Circle GameStop And AMC, Sensing Retail Fatigue

Bearish investors are ramping up bets against meme stocks GameStop Corp and AMC Entertainment Holdings Inc, spotlighting how short sellers have grown bolder during a broader market selloff that has pummeled risky post-pandemic favorites once beloved by retail traders.

Deadly Bangladesh Container Depot Fire Brought Under Control

Firefighters in Bangladesh brought a blaze at a container depot under control on Tuesday, three days after fiery explosions killed at least 43 people at a facility that a senior fire service official suspected had not followed safety guidelines.

Airline SAS Hits Record Low As Sweden Halts Handouts

The Swedish government will not inject new capital into SAS, its industry minister said on Tuesday, dealing a blow to the loss-making airline's restructuring efforts and sending its shares down 14% to record lows.

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