Category: Markets

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US Households Own Roughly 1/3 of Global Crypto Market – Goldman Sachs

US Households Own Roughly 1/3 of Global Crypto Market – Goldman Sachs

The global market for cryptocurrencies has lost around 1 trillion during the most recent selloff that saw Bitcoin (BTC) prices lose almost 60% in valu [...]
BlackRock’s iShares to close MSCI Russia, eastern Europe funds due Ukraine

BlackRock’s iShares to close MSCI Russia, eastern Europe funds due Ukraine

BlackRock's iShares will close its MSCI Russia and MSCI Eastern Europe exchange-traded funds, BlackRock (NYSE:BLK) said on Friday, joining several oth [...]
Tesla cut from S&P 500 ESG Index, and Elon Musk tweets his fury

Tesla cut from S&P 500 ESG Index, and Elon Musk tweets his fury

An S&P Dow Jones Indices executive told Reuters on Wednesday it has removed electric carmaker Tesla (NASDAQ:TSLA) Inc from the widely followed S&P 500 [...]
McDonald’s to sell Russia business to current licensee

McDonald’s to sell Russia business to current licensee

McDonald's Corp on Thursday reached a deal to sell its Russia restaurants to its current licensee Alexander Govor and said the outlets would operate u [...]
Is JPMorgan slipping? Analysts will be asking CEO Dimon at conference

Is JPMorgan slipping? Analysts will be asking CEO Dimon at conference

Concerned that JPMorgan Chase & Co (NYSE:JPM) might be starting to lose its profit advantage over competitors, analysts and investors are lining up qu [...]
Georgia to announce $7 billion Hyundai EV investment as Biden visits Seoul – sources

Georgia to announce $7 billion Hyundai EV investment as Biden visits Seoul – sources

Georgia Governor Brian Kemp will announce on Friday that Hyundai Motor Group is investing more than $7 billion in the state, an announcement coincidin [...]
Ford recalls 39,000 U.S. SUVs after engine fire reports

Ford recalls 39,000 U.S. SUVs after engine fire reports

Ford Motor Company (NYSE:F) said Thursday it is recalling 39,000 SUVs after reports of 16 fires and told owners to park outside and away from structur [...]
Shares slump as retailer warnings fuel stagflation fears

Shares slump as retailer warnings fuel stagflation fears

Heavy falls in European and Asian stock markets followed Wall Street's worst day since mid-2020 on Thursday, as stark warnings from some of the world' [...]
Thyssenkrupp top shareholder has no plan to sell stake

Thyssenkrupp top shareholder has no plan to sell stake

Thyssenkrupp (ETR:TKAG)'s top shareholder has no plans to sell its 20.93% stake in the German conglomerate, its head said. "We are a stable, reliab [...]
Central Japan water leak affects plants near Toyota hub

Central Japan water leak affects plants near Toyota hub

A major water leak in central Japan on Wednesday disrupted supply to more than 130 businesses near the production centre of Toyota Motor (NYSE:TM) Cor [...]
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