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Markets

Weekly round-up: European markets lose steam amid bond jitters

The European stock markets saw a decline for the week due to spiking bond yields, as some US Federal Reserve officials maintained a hawkish stance on interest rates, which rippled through the global markets.

Economy

Market Round-Up: Best quarter in a year for European markets

Global stock markets remained on an upbeat trajectory in March, with the European stock markets particularly robust in the first quarter. Banking and Energy stocks shone, outpacing the technology sector in March.

Business

Who is Ted Pick, Morgan Stanley's new CEO?

After 33 years with the Wall Street giant, Pick will take over as CEO at the start of next year.

Markets

Birkenstock stumbles on Wall Street over pricey shares

Birkenstock stumbled in its stock market debut Wednesday, a day Wall Street traded in its wingtips for sandals.

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Markets

Instacart sets IPO price at $30 a share

The price gives Instacart a market value of around $10 billion (€9.4 billion). That's far lower than the $39 billion valuation the company announced in early 2021.

Markets

Birkenstock next European company to file for Wall Street

Birkenstock is following in UK chip-maker Arm's footsteps as a high-profile European company seeking a public offering in the US rather than the old continent.

USA

US stocks record best day in two years due to hopeful inflation data

All the action stemmed from a U.S. government report showing that inflation slowed in October, better than many economists were expecting.

Money

Wall Street watchdog to laid-off crypto staff: ‘Come work for us’

The US Financial Industry Regulatory Authority plans to boost its workforce, and has an eye on fired Coinbase workers who know the cryptocurrency industry from the inside.

Ecotech

Could trading water on Wall Street actually benefit the environment?

It's now possible to buy California's water supply through future trading - but its impact on the planet is somewhat ambiguous.

USA

Disgraced US financier Bernie Madoff dies in prison

Bernie Madoff, the disgraced financier who defrauded thousands around the world in the biggest Ponzi scheme in history, died at the Federal Medical Center in Butner, North Carolina, on Wednesday.

USA

GameStop stock: Are Wall Street wolves tasting their own medicine?

GameStop has become the focus of Wall Street since its stock price surged by more than a thousand percentage points in recent weeks thanks to amateur traders on Reddit.

Earth News

Wall Street is about to start trading water for the first time

It could be its most liquid commodity yet.

USA

Another market slump delivers worst week for Wall Street since 2008

US stocks sank again on Friday, leaving Wall Street with its worst week since October 2008.

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.

USA

Euroviews. There is still hope for the future. The “American Dream” remains a beautiful ideal ǀ View

For me, the “Great American Dream” is not some ugly tortured vision of broken promises, facades and unfulfilled dreaming, but something that glitters at the heart of what it is to be American: hopeful, ambitious and a dreamer.

Business

French billionaire Patrick Drahi buys Sotheby's

Franco-Israeli Telecoms magnate Patrick Drahi made a surprise move into the art world, snapping up Sotheby’s in a deal worth 3.27 billion Euros, marking the auction house’s return to private ownership after 31 years

USA

Wall Street bonuses declined 17% in 2018 ... to about $150,000

The typical American household would have to work for nearly two years to earn the equivalent of last year's average bonus.

World News

European markets rally after turbulent week

European markets rally after turbulent week

World News

Markets tumble amid global stock sell-off

USA

"Trade wars are good" says Trump ahead of tariff hike

The US president has made clear he is ready to take on the world over trade to protect American jobs