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Markets

Germany's Birkenstock valued at $8.6 billion before IPO

The footwear company sold its first pair of shoes in 1774 and supermodels still wear their products today.

11/10/2023

Economy

Households lost a record €6.6 trillion across the world in 2022

2022 was a “turning point” for global wealth, says German financial company Allianz in its latest Global Wealth Report.

28/09/2023

Markets

Chip designer Arm secures almost $5 billion in mammoth IPO

British chip designer Arm Holdings' shares debut on the Nasdaq on Thursday, in what is the largest initial public offering in nearly two years.

14/09/2023

Business

Saudi Telecom Company becomes Spanish Telefónica's top shareholder

Saudi Arabia's STC Group has amassed a 9.9% stake worth €2.1 billion in the Spanish multinational telecommunications company

06/09/2023

Italy

Shares in Italian banks recover after windfall tax is capped

The surprise announcement of a new tax had sent share prices plunging.

09/08/2023

Tech News

Elon Musk sells almost $4 billion worth of Tesla stock

Analysts expected the world's richest man to have to sell more Tesla shares to finance his Twitter buyout - even as he said he would not.

09/11/2022

Earth News

Billionaire Patagonia boss gives company away to fight climate crisis

The outdoor fashion brand predicts it will give €100 million away a year to environmental causes under the new ownership structure.

15/09/2022

Tech News

Twitter-Musk trial on $44 billion takeover deal to start in October

Elon Musk wanted a trial to commence next year but Twitter won its motion for an expedited trial over its lawsuit against the Tesla boss.

20/07/2022

Culture news

Twitter shareholders sue Elon Musk for manipulating stock market

Top investors claim the prospective buyer has allegedly used his social media platform to alter share prices.

27/05/2022

Tech News

Twitter shares soar by 25% after Elon Musk becomes largest stakeholder

Elon Musk has become the single largest stakeholder in Twitter, sending its shares soaring on Monday.

04/04/2022

No Comment

Empty streets in Sudan ahead of planned protest

The streets of the Sudanese capital were deserted early on Saturday morning ahead of a planned anti-coup protest.

30/10/2021

World News

Coronavirus: Global markets fall amid pessimism over response measures

World shares dropped on Friday after a sharp fall on Wall Street, as doubts over action to counter COVID-19 came to the fore.

06/03/2020

World News

Markets plunge further on fears COVID-19 will stunt global economy

Stocks slumped again on Tuesday, piling on losses a day after the market's biggest drop in two years amid fears COVID-19 will slow global growth.

24/02/2020

Markets

Oil helps European stocks rise while tobacco goes up in smoke

Oil helps European stocks rise while tobacco goes up in smoke

12/11/2018

Markets

Asian shares inch up, investors brace for U.S. elections

Asian shares inch up, investors brace for U.S. elections

06/11/2018

Business

Apple beats Amazon and Microsoft to trillion dollar crown

Better than expected sales results have pushed up Apple shares to record highs and the company's valuation to a trillion dollars

03/08/2018

Business

Facebook sends Nasdaq tumbling with biggest daily percent slump

Facebook sends Nasdaq tumbling with biggest ever daily percent slump.

26/07/2018

Business

Ryanair shares drop sharply

It comes as the Irish airline has warned its investors of more strikes and weaker ticket prices this summer

23/07/2018

Economy

Shares across Europe recover after falling in early trading.

The losses were triggered by the largest ever one-day points fall in America’s Dow Jones on Monday.

06/02/2018

Markets

Brazilian shares tumble on fears president could be ousted

Brazil's Bovespa index fell 10 percent on a report President Michel Temer condoned an attempt to silence a potential witness in a corruption probe.

18/05/2017