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Wall Street
Virgin Orbit’s Nasdaq listing falls short of fundraising target
Virgin Orbit, Sir Richard Branson’s second space company to reach the stock market, is set to start trading publicly on Thursday after raising less than half of its target of almost $500m.The lacklustre debut on the Nasdaq…
Bull market rhymes lead to a turn in the investing cycle
The writer is co-founder and co-chair of Oaktree Capital Management and author of ‘Mastering the Market Cycle: Getting the Odds on Your Side’I’ve lived through (and been schooled by) several significant cycles during my years as…
Wall St edges higher in choppy trade as recession fears linger
Indexes set for weekly declines of between 4.7% and 6%Alibaba jumps on report PBOC accepts Ant Group applicationMarkets closed on Monday for Juneteenth holidayIndexes up: Dow 0.18%, S&P 0.54%, Nasdaq 1.22%June 17 (Reuters) - Wall…
European shares bounce on hopes Omicron may be mild
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, December 3, 2021. REUTERS/StaffRegister now for FREE unlimited access to reuters.comRegisterTravel stocks jump almost 4%EU regulator backs…
Crypto CEO becomes one of the world’s richest billionaires
Changpeng "CZ" Zhao, who runs the crypto exchange Binance, has joined the ranks of the world's top billionaires, with an estimated net worth of at least $96 billion, according to new calculations from the Bloomberg Billionaires Index…
Iran’s top diplomat in Yemen dies of COVID-19
Iranian foreign ministry says Hassan Irloo was transferred to Tehran in a bad state ‘due to the late cooperation of some countries’.Tehran, Iran – Iran’s top diplomat in Yemen, Hassan Irloo, has passed away due to COVID-19, days after…
S&P 500, Nasdaq Finish Higher in Volatile Session
Stocks rose Thursday, with all three major U.S. indexes in the green, putting the S&P 500 on track to finish the week in positive territory. The benchmark S&P 500 gained around 1.8% in 4 p.m. trading, while the tech-focused…
Stock market talk: Discipline is the best weapon against a bear
"Stock prices have reached what looks like a permanently high plateau." - Legendary Economist Irving Fisher, October 16, 1929
"Wall Street Lays an Egg." – Variety headline, October 30, 1929, following the Black Tuesday…
Analysis: China is still the ultimate prize that Western banks can’t resist
Late last month, HSBC (HBCYF) received approval from Chinese regulators to take full control of its life insurance joint venture, which was created in 2009 in equal partnership with a Chinese company, under rules that were rolled back in…
Covid Live Updates: Israel Expands Access to 4th Shots to Anyone Over 60
Dr. Anthony Fauci last week during a virtual meeting with President Biden and other members of the White House Covid-19 Response Team.Credit...Cheriss May for The New York TimesThe nation should focus less on the skyrocketing number of…