Category: Markets
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 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
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 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
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 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 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
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 (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
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 [...]