Tag:Stock markets
Banking
Revolut founder sells shares ‘worth up to $300m’ in fintech company
The founder of Revolut, one of the most valuable technology companies in Europe, has reportedly sold shares worth up to $300m (£230m) in the...
Business
Brent crude tumbles below $70 per barrel as oversupply fears hit oil price – as it happened
Brent crude oil falls below $70/barrelNewsflash: The oil price has tumbled to its lowest level in over two and a half years.Brent crude, the...
Business
Telegram to shake-up features; markets slide after US job creation misses forecasts – as it happened
Telegram to remove or disable services that have been misusedNewsflash: The boss of the messaging service Telegram, Pavel Durov, has announced that his app...
Aerospace industry
Rolls-Royce is FTSE 100’s biggest faller as Cathay Pacific inspects A350 fleet
Shares in Rolls-Royce, the leading British engineering company, were the biggest faller on the FTSE 100 on Monday after Cathay Pacific Airways identified an...
Burberry
Can Burberry fix its tattered image after chequered patch?
Whether we’re back to boho chic or donning waistcoats, the trend for Burberry’s share price has been downwards since last year, leaving the British...
Business
Warren Buffett’s Berkshire Hathaway hits $1tn valuation on Wall Street
The market value of Berkshire Hathaway surpassed $1tn on Wednesday, reflecting investor confidence in the conglomerate that Warren Buffett built over nearly six decades...
Latest news
Why is the Bank being cautious in delaying rate cuts?
After the Federal Reserve’s monster 0.5 percentage point cut in US borrowing costs on Wednesday, it seemed strange that...
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Axel Springer’s media assets to be split off in €13.5bn KKR deal
Axel Springer has struck a €13.5bn (£11.3bn) deal that will see its media assets, which include Politico, Business Insider...
U.S. Taxpayer Data at Risk? LockBit Ransomware Claims Attack on IRS-Authorized eFile
Sensitive tax information of citizens in the U.S. could potentially be stolen after the notorious LockBit ransomware group...
Must read
Jennifer Aniston’s Ex Justin Theroux Wishes Her Happy Birthday on Instagram
What was expected of her was the same thing...