Products/Services
- Finance
Nasdaq prepares to run markets on Amazon’s cloud
Nasdaq said that next year it plans to begin moving its North American markets to Amazon’s Amazon Web Services cloud-computing platform. The…
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. 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 » - Market
COVID-19 booster shots get FDA OK, as daily death toll holds above 1,000 and cases rise to 6-week high
America’s fight against COVID-19 got a nice boost Friday, as the U.S. Food and Drug Administration authorized vaccine booster shots…
Read More » - Finance
Private equity managers increasingly open fundraising without revealing targets
Private-equity managers are increasingly opening their data rooms for investors ahead of their latest fundraising efforts without communicating to those…
Read More » - Finance
BlackRock’s iShares boss says the firm is in no hurry to launch crypto ETFs
One of BlackRock’s top executives has ruled out an imminent foray into crypto exchange traded funds, citing an “opaque” regulatory…
Read More » - Finance
JPMorgan poaches BNP Paribas’ Graillat to launch new green sales and trading unit
JPMorgan has poached a senior executive from BNP Paribas to run a new sustainability centre within its global markets business,…
Read More » - Market
Rivian Automotive stock soars in trading debut, in the largest IPO of the year
Rivian Automotive Inc. went public with a bang on Wednesday, in the largest initial public offering of the year and…
Read More » - Market
Pfizer and BioNTech seek backing of COVID-19 booster for those 18 and over, as U.S. deaths continue to average 1,200 a day
Pfizer and German partner BioNTech have requested authorization for their COVID-19 vaccine booster shot for anyone 18 or over living…
Read More » - Market
Pfizer and BioNTech to seek backing of COVID-19 booster for those 18 and over, as U.S. deaths continue to average 1,200 a day
Pfizer and German partner BioNTech are planning to seek authorization for their COVID-19 vaccine booster shot for anyone 18 or…
Read More » - Market
These 25 semiconductor stocks could rise as much as 43% with chips in short supply
Just about every investor is aware that a shortage of semiconductors and related equipment, including microprocessors and chips, are in…
Read More » - Market
Small-business owners turn pessimistic as labor and supply shortages worsen
The optimism of small-business owners in the U.S. fell in October to a seven-month low, as as worsening shortages of…
Read More » - Market
AMD stock soars toward best day in 15 months after company wins Facebook business
Shares of Advanced Micro Devices Inc. are soaring toward their best day in 15 months Monday after the company announced…
Read More » - Finance
PwC and Microsoft partner on digital banking cloud solution
Audit firm PwC launched a new digital banking solution as part of its ongoing partnership with tech giant Microsoft. The product, which…
Read More » - Finance
Credit Suisse shutters prime broking after $5.5bn Archegos hit in pivot towards wealth management
Credit Suisse is quitting prime services and cutting the capital allocated to its investment bank by $3bn under a strategy shift…
Read More » - Market
German Industrial Production Fell Again in September on Supply-Chain Strains
By Xavier Fontdegloria German industrial production fell in September for the second consecutive month as supply-chain bottlenecks weighed on factory…
Read More » - Market
CDC gives final approval for Pfizer’s COVID shot for kids 5-11
U.S. health officials on Tuesday gave the final signoff to Pfizer’s kid-size COVID-19 shot, a major expansion of the nation’s…
Read More » - Market
CDC panel backs Pfizer’s COVID shot for kids 5-11; final approval expected soon
An influential advisory panel on Tuesday recommended kid-size doses of Pfizer’s COVID-19 vaccine for children ages 5 to 11, putting…
Read More » - Finance
CFA unveils global ESG standards to address greenwashing
The CFA Institute has launched ESG disclosure standards designed to curb greenwashing in the asset management sector. The new standards,…
Read More » - Market
Ford raises guidance, says chip shortage is easing
Ford Motor Co. stock rose more than 3% in after-hours trading Wednesday after the auto maker reported mixed third-quarter results…
Read More » - Market
Fauci says U.S. is on track to start vaccinating kids aged 5 to 11 by November, as FDA advisers prepare to meet on the matter
The U.S. is on track to start vaccinating children aged 5 to 11 by early to mid-November, Dr. Anthony Fauci…
Read More » - Market
Fauci says U.S. is on track to start vaccinating kids aged 5 to 11 by November, as FDA advisers prepare to meet on the matter
The U.S. is on track to start vaccinating children aged 5 to 11 by early to mid-November, Dr. Anthony Fauci…
Read More » - Market
An Ether futures ETF is next likely step after ProShares watershed bitcoin moment, a former SEC official explains
Hi there! Welcome to the fourth and final installment of Need to Know Crypto Edition, ahead of the launch of a…
Read More » - Market
CDC approves expanded rollout of COVID-19 boosters
WASHINGTON — Millions more Americans can get a COVID-19 booster and choose a different company’s vaccine for that next shot,…
Read More » - Market
CDC gathers to discuss which patient groups should get Moderna and J&J COVID-19 vaccine boosters, and Pfizer reports positive results from booster trial
There was a flurry of positive news on vaccine boosters Thursday, as the Centers for Disease Control and Prevention gathered…
Read More » - Finance
UK has no plans for another lockdown as hopes pinned on new drug deal
The UK agreed to purchase two new treatments to combat Covid-19 as it continues to resist pressure to avoid a further wave of…
Read More » - Market
Alibaba Jumps on Launch of Custom Chip
By Yi Wei Wong Hong Kong-listed shares of Alibaba Group Holding Ltd. are getting a boost from the launch of…
Read More » - Market
U.S. industrial output dropped sharply in September
An earlier version misstated the last month when industrial output had a bigger decline. The drop is the biggest since…
Read More » - Market
Investment advisers ‘extremely skeptical’ about first U.S. bitcoin ETF: ‘It’s a hard thing for RIAs to recommend an inferior’ crypto product
Happy Sunday! Welcome to the penultimate installment of Need to Know Crypto Edition, ahead of the launch of a new…
Read More » - Market
Would you eat a mac ‘n’ cheese sandwich? Panera Bread wants you to try one
Want some carbs with your carbs? That’s the essential proposition of Panera Bread’s recently unveiled Grilled Mac & Cheese Sandwich.…
Read More » - Finance
JPMorgan’s Jamie Dimon on when the shortage crisis will end, and why bitcoin is ‘worthless’
Daily headlines point to a shortage of goods all over the world, amid escalating fuel prices and limited supply. But…
Read More » - Market
LG Electronics Sees 3Q Rev KRW18.785T Vs. KRW15.399T >066570.SE
By Kwanwoo Jun LG Electronics Inc. said it expects its third-quarter operating profit to plunge, as an additional cost for…
Read More » - Finance
Gina Miller unveils plan for True & Fair political party
Gina Miller, the prominent City investor who successfully challenged the UK government over its decision to trigger Article 50 without…
Read More » - Finance
Ex-Robinhood staffers start up a fintech
Several former employees of stock-trading platform Robinhood Markets are building a new fintech startup for small businesses. San Francisco-based Parafin,…
Read More » - Market
News that children could soon be eligible for Pfizer-BioNTech vaccine cheers parents, as Biden pushes vaccine requirements in Chicago
There was prospectively encouraging news for parents on Thursday when Pfizer and German partner BioNTech said they had submitted an…
Read More » - Market
German Industrial Production Fell More than Expected in August on Supply Shortages
By Maria Martinez German industrial production declined in August much more than expected, amid widespread supply shortages, statistics office Destatis…
Read More » - Finance
Banks in dispute with Apple Pay over transaction fees
Banks rushed to work with the Apple Pay mobile wallet when it debuted in 2014. They have some regrets. When…
Read More » - Finance
Wise enters wealth management with BlackRock tie-up
British fintech firm Wise is launching its first foray into wealth management, allowing customers to invest the cash in their…
Read More » - Finance
Coinbase to suggest crypto rules framework to US regulators
Coinbase plans to publicly roll out a pitch on a proposed regulatory framework for cryptocurrencies to federal officials in the…
Read More » - Finance
Here’s what JPMorgan’s new UK digital challenger is going to look like
JPMorgan is to launch its digital banking challenger brand Chase in the UK on 21 September, after years of secretive…
Read More » - Finance
Monzo launches buy now, pay later product in Klarna rivalry
Digital bank Monzo has launched its own buy-now-pay-later tool, entering the nascent credit market as rivals such as Klarna fall…
Read More » - Finance
Goldman acquires speciality lender GreenSky in $2.2bn deal
Goldman Sachs is buying speciality lender GreenSky Inc. for $2.2bn, striking a deal it hopes will further its reinvention from…
Read More » - Finance
Ex-Wise employees raise $10m to build Europe’s answer to Robinhood
Two former employees of British fintech firm Wise have raised $10m to fund Europe’s answer to Robinhood, bringing on board…
Read More » - Finance
Billionaire Cohen invests in cryptocurrency trading firm
Billionaire Steven A Cohen is set to invest in a new cryptocurrency trading firm, the latest bet on the digital-asset markets by…
Read More » - Finance
Tinder’s Jim Lanzone named chief executive at Apollo’s Yahoo
Apollo Global Management is naming Tinder chief executive Jim Lanzone the new CEO of Yahoo, the digital-media business it acquired…
Read More » - Market
EasyJet: Rights Issue Will Help Restore Group’s Balance Sheet Position
By Anthony O. Goriainoff and Adam Clark EasyJet PLC said Thursday that it would launch a fully underwritten rights issue…
Read More » - Finance
Stock pickers ride vaccine optimism to trounce passives with £1.3bn haul
Active equity funds continued their winning streak in August, gathering around 300 times more in new investor money compared to…
Read More » - Finance
Morgan Stanley launches recruitment programme to improve Black and gender diversity
Morgan Stanley has launched a new recruitment programme aimed at hiring more Black and female candidates with experience outside of…
Read More » - Finance
Revolut plans 2021 credit card launch in bid to crack US market
Revolut intends to launch a credit card for its US users as soon as the end of this year, as…
Read More » - Finance
Crypto will replace traditional currency in 10 years, City firms say
More than three quarters of UK financial services firms predict digital assets will replace fiat currencies in the next five…
Read More »
