Content Types
- Market
WHO warns world leaders against knee-jerk reaction to coronavirus variant from South Africa as U.K. and EU impose travel bans
The World Health Organization is pleading with world leaders not to engage in knee-jerk reactions to a new variant of…
Read More » - Market
Oil plunges 11% as new COVID variant sparks shutdown fears
Oil futures were slammed to 11-week lows on Friday, pushing the U.S. benchmark back below the $70-a-barrel threshold on Friday…
Read More » - Market
U.S. stock market’s COVID selloff puts these potential pullback lows in focus: analyst
With U.S. stocks suffering a sharp, Black Friday selloff following the discovery of a fast-spreading variant of the coronavirus that…
Read More » - Market
Here are the stock market’s trading hours for Black Friday
U.S. financial markets are closed Thursday for Thanksgiving, and will close early on Black Friday. Black Friday, Nov. 26, is…
Read More » - Finance
FCA racks up £5m laptop bill as remote working takes over
The Financial Conduct Authority has spent as least £5m on new laptops in the pivot towards working from home, new figures…
Read More » - Market
Major cryptocurrencies tumble amid concern about new COVID variant
Major cryptocurrencies plunged on Friday amid a broad sell-offs of risky assets, after a new variant of COVID-19 was detected…
Read More » - Finance
Private equity buyout boom hammers corporate bond investors
Leveraged buyouts of companies by private equity firms are sweeping Europe, leaving corporate bond investors exposed to losses. Just this…
Read More » - Market
European stocks skid on discovery of new virus variant as airlines, banks reel
European stocks were on track to their worst single-day performance of the year, getting hammered after the discovery of a…
Read More » - Finance
Why sales trading still needs the human touch
Chris Jackson is global head of equity strategy and head of equities, Emea at Liquidnet The pandemic has accelerated a…
Read More » - Finance
Barclays expands prime broking as rivals pull back after Archegos
Barclays is making a fresh push into prime broking after rivals retreated in the wake of steep losses from the collapse…
Read More » - Finance
Heavyweight investors head to Downing Street as science and technology funds shoot up agenda
Some of the UK’s biggest investors have met with the prime minister and chancellor to discuss how to encourage hundreds…
Read More » - Finance
Markets panic after South Africa raises alarm on new Covid-19 variant
Global equity markets and US stock futures fell after South Africa raised the alarm over a new, fast-spreading strain of the coronavirus.…
Read More » - Market
Asian markets sink as investors weigh latest global virus concerns
BEIJING (AP) — Asian stock markets sank Friday as traders watched a surge in coronavirus cases in Europe and anti-disease…
Read More » - Finance
FCA says ‘poor quality’ paperwork is leading to backlog
Top staff at the Financial Conduct Authority have called on City firms to help it speed up its approvals process by making…
Read More » - Finance
Accounting regulator slams diversity failures in company reports
The UK’s accounting regulator has raised concerns over how honest companies are being in their financial reports when they miss diversity targets…
Read More » - Finance
Bitcoin and ether rise despite India’s crypto crackdown
The two leading digital assets were rising on 25 November amid optimism that new rules for cryptocurrencies planned by the…
Read More » - Finance
Global stocks are up — here’s what else is happening on stock markets on Thanksgiving
The Thanksgiving holiday has ushered in a period of calm for markets as US traders take the day off. But,…
Read More » - Finance
Ray Dalio’s Bridgewater raises $1.25bn for China-based fund
Bridgewater Associates has raised the equivalent of $1.25bn for its third investment fund in China, according to a person familiar…
Read More » - Market
Remy Cointreau 1H Current Oper Pft EUR212.9M
By Joshua Kirby Remy Cointreau SA said Thursday that earnings doubled in the first half of the year thanks to…
Read More » - Market
U.S. consumer spending sizzles in October – and it’s not just all high inflation
The numbers: Americans are paying higher consumer prices due to surging inflation, but they are also buying plenty of goods…
Read More » - Market
Two-year Treasury yield posts longest rising streak in over a month as investors consider need for tighter Fed policy after inflation data
The two-year Treasury yield posted its longest streak of rises in more than a month on Wednesday, as investors digested…
Read More » - Market
U.S. has already seen more COVID deaths in 2021 than 2020 before vaccines were available, as experts again warn pandemic is not over
The U.S. has already suffered more deaths from the coronavirus-borne illness COVID-19 in 2021 than in 2020, even though vaccines…
Read More » - Market
These stores will stay open on Thanksgiving — but many others are closed. Here’s a handy list.
With so many stores closing their doors for Thanksgiving Day, online shopping is poised to hit a new record, according…
Read More » - Finance
FCA pleads with City to promote ‘genuine’ ESG talent as hiring booms
The UK’s Financial Conduct Authority warned finance firms to avoid what it terms “competence-washing” within the City’s rapidly growing environmental,…
Read More » - Market
American families throw out $1,500 in uneaten groceries every year as food insecurity worsens — here’s how to reduce waste this Thanksgiving
Each year, an American family of four loses $1,500 on average because of uneaten food, the USDA says — that’s…
Read More » - Market
U.S. new home sales inch higher in October
The numbers: U.S. new home sales rose 0.4% to a seasonally-adjusted annual rate of 745,000 in October from 742,000 in…
Read More » - Finance
Private equity turns to continuation funds to keep hold of trophy assets
Earlier this year, BC Partners found the perfect buyer for Springer Nature: itself. Unwilling to let go of its prized…
Read More » - Market
Here are the stock market’s trading hours for Thanksgiving and Black Friday
U.S. financial markets are closed Thursday for Thanksgiving, and will close early on Black Friday. Black Friday, Nov. 26, is…
Read More » - Finance
Cathie Wood’s ARK funds swoop on Zoom after share price slump
Cathie Wood’s ARK funds bought more than 600,000 shares of Zoom after the stock slumped amid concerns of slowing growth. The ARK Innovation…
Read More » - Finance
Martin Gilbert: Investors can’t fight the tide of digitalisation
Martin Gilbert is the co-founder and former chief executive of Aberdeen Asset Management and abrdn. He is now chairman of…
Read More » - Finance
Private equity firms’ $714bn in dry powder set to surge even higher in 2022
Record-breaking fundraising, rising dry powder, and faster fundraising cycles; private equity is on steroids. Buyout shops worldwide have raised more…
Read More » - Finance
Hambro Perks Spac chooses London after FCA overhaul
Technology-focused venture capital firm, Hambro Perks, has unveiled a £150m special purpose acquisition company set to list on the London…
Read More » - Finance
How Elon Musk’s tax bill is falling as Tesla’s share price wanes
Elon Musk already faces a federal tax bill approaching $2.7bn on exercising Tesla stock options. It would have been bigger if the company’s share…
Read More » - Market
HP stock surges as sales, earnings blow past Street estimates
HP Inc.’s stock surged 12% in extended trading Tuesday after the iconic computing giant reported a sharp jump in personal…
Read More » - Market
Nordstrom stock plunges more than 20% on earnings miss, rising costs
Nordstrom Inc. stock dropped more than 20% in extended trading Tuesday after the retailer reported mixed quarterly results and said…
Read More » - Market
Gap stock tanks as results miss, guidance lowered due to ‘significant’ supply-chain issues
Gap Inc. on Tuesday blamed “significant” supply-chain constraints as it cut its full-year earnings guidance and reported third-quarter results that…
Read More » - Market
Dow rises, but Nasdaq Composite falls as tech sector sees renewed pressure
U.S. technology stocks were under pressure Tuesday afternoon as Treasury yields extended a rise, dragging down major stock indexes. Energy…
Read More » - Finance
FCA chair shouldered ‘huge burden’, report finds, as campaigners call for consumer champion to fill role
A review of the Financial Conduct Authority’s board has heaped praise on outgoing chair Charles Randell, as campaigners continue to…
Read More » - Market
American families throw out $1,500 in uneaten food every year — how to reduce waste this Thanksgiving
Each year, an American family of four loses $1,500 on average because of uneaten food, the USDA says — that’s…
Read More » - Finance
Major London law firms hiring ‘anyone with a pulse’ as soaring salaries aren’t enough to keep junior lawyers
City law firms are struggling to retain junior lawyers in the wake of Covid-19, despite soaring salaries netting newly qualified…
Read More » - Finance
Why Schroders’ Sue Noffke is still backing UK stocks after Brexit
As the world slowly begins to emerge from the Covid pandemic, investors are starting to re-evaluate portfolios and question whether…
Read More » - Finance
Why Schroders’ Sue Noffke is still backing UK stocks after Brexit
As the world slowly begins to emerge from the Covid pandemic, investors are starting to re-evaluate portfolios and question whether…
Read More » - Market
U.S. economy grew rapidly in November, Markit surveys show, but shortages persist
U.S. businesses grew rapidly in November, but they are still being hampered by ongoing labor and supply shortages that are…
Read More » - Finance
ESG should face ‘greater attention’ from regulators, says securities watchdog
IOSCO has published recommendations to combat growing scepticism that ESG claims could be tantamount to greenwashing amid a market lacking…
Read More » - Finance
AssetCo and Premier Miton table bids for River & Mercantile
River & Mercantile, the £47.6bn UK-listed asset manager, has been approached by Premier Miton and AssetCo with separate offers to…
Read More » - Market
Stick to these stock themes in what could be a volatile 2022, says Charles Schwab’s top strategist
A pre-Thanksgiving holiday dip for stocks, as some predicted, could be shaping up as Wall Street looks past some initial…
Read More » - Finance
Houlihan Lokey adds 14 dealmakers in rapid European expansion
Independent investment bank Houlihan Lokey has made a major push into covering the business services sector with the addition of…
Read More » - Finance
JPMorgan, Goldman Sachs should boost capital buffers, global regulators say
Global financial regulators told JPMorgan, Goldman Sachs and BNP Paribas to boost their capital buffers under rules intended to help avoid a repeat of the 2008…
Read More » - Finance
Crypto payments firm MoonPay valued at $3.4bn after Coatue and Tiger injection
Crypto payments startup MoonPay has been valued at $3.4bn in its first time seeking outside equity funding, as part of…
Read More » - Finance
Citigroup to hire 100 roles into new digital assets unit
Citigroup has named a new head of digital assets within the division housing its investment bank, and will hire an additional…
Read More »
