Search Results for: Shares
German automakers might face EU fines after allegations but no global legal threat, analyst says
July 26th, 2017
“I still don’t see a major global legal threat here,” Arndt Ellinghorst, head of global automotive research at Evercore ISI, told CNBC on Tuesday. EU antitrust officials confirmed Saturday they had started investigating allegations of a cartel among a ...
How Bitcoin is infiltrating the $60bn global art market
July 26th, 2017
Why is the art world getting excited about digital currency Bitcoin and its underlying technology blockchain? Eleesa Dadiani owns and runs an art gallery in London’s famous Cork Street. She was born in Georgia in the Caucasus and was ...
Deutsche Bank May Take $350 Billion Out of London Post-Brexit
July 26th, 2017
In the aftermath of the Brexit vote from a year earlier, German banking giant Deutsche Bank has been making plans to downsize its London operations. Now, the bank led by CEO John Cryan is reportedly thinking about moving an ...
Yen advanced, Euro and Australian dollar rose
July 25th, 2017
Asian equities were mixed ahead of the U.S. Federal Reserve’s policy decision and as investors sifted through earnings from companies including Alphabet Inc. Oil rose while the dollar resumed declines. The MSCI Asia Pacific Index fluctuated near a 10-year ...
Toronto Stock Exchange Reaches Record Number of ETFs
July 21st, 2017
Toronto Stock Exchange (TSX) announced that it has reached a significant milestone with 500 exchange traded funds (ETFs) listed. This number has more than doubled in the past five years, bringing the total market capitalization of listed ETFs to ...
Dollar returned to its lowest in almost a year; Aussie Falls
July 21st, 2017
Stocks in Asia pared a back-to-back weekly advance while the dollar returned to its lowest in almost a year as investors assess an investigation into the U.S. president that may stall his economic agenda. The Australian dollar plunged the ...
Morgan Stanley reported second quarter earnings well above expectations
July 20th, 2017
Morgan Stanley shares jump after earnings, revenue easily beat the Street Morgan Stanley reported second quarter earnings Wednesday that soundly topped expectations, helped by an increase in stock trading revenues and profits from its wealth management business. Earnings per ...
PayPal Completes Acquisition of TIO Networks
July 19th, 2017
PayPal Holdings, Inc. (NASDAQ: PYPL) and TIO Networks Corp. (TSXV: TNC) announced that PayPal has completed its previously announced acquisition of TIO Networks. In accordance with the terms of the Arrangement announced on February 14, 2017, PayPal acquired all ...
The main moves in markets: Dollar remains at the weakest level; Global bonds climb
July 19th, 2017
Global bonds climb as U.S. equities eke out fresh record highs Dollar remains at the weakest level in nearly a year Asian stocks advanced and futures pointed to higher starts to U.K. and U.S. equity trading as Treasuries steadied ...
Dollar extended losses; The euro jumped
July 18th, 2017
Asian shares, dollar slip as passage of U.S. healthcare bill doubtful Asian shares stepped back from more than two-year highs on Tuesday and the dollar extended losses as passage of a U.S. healthcare bill grew doubtful, and as investors ...
