(Bloomberg) — The Nasdaq 100 Index fell into a bear market for the first time since the pandemic as investors exit risk assets following Russia’s invasion of Ukraine. Most Read from Bloomberg Th...
Category: Finance
Live Finance News Updates.
‘Reacher’ Gives Amazon Its First Nielsen-Topping Series
‘Reacher’ Shane Mahood/Amazon Prime Video In another example of the skewed irony of the streaming era, Nick Santora’s well-reviewed and mostly well-received (especially among genre junkies...
Shell Boss Says No One Will Be Fired Over Russian Oil Purchase
(Bloomberg) — Shell Plc’s chief executive officer took personal responsibility for a controversial purchase of Russian crude oil last week and said no one would be fired for it, people with dire...
Why Some Say Putin Is Happy His Oligarchs Are Getting Sanctioned
Veteran Kremlin watchers tell Forbes that the Russian president doesn’t care much about the asset freezes and travel bans that hound his country’s billionaires. Getty Images Additional reporting by Jo...
Ford Stock Option Trade Can Profit 6.3% Without Even Owning Shares
Ford ( (F) stock has pulled back in recent weeks and could be setting up a good opportunity for value investors. X One way to take ownership of a stock for less than the price it is currently trading...
The Best New Movies To Stream On Netflix, Hulu, Amazon, HBO, Disney+, Peacock And Apple TV This Weekend
LOS ANGELES, CALIFORNIA – NOVEMBER 02: Zoe Saldana attends the 2019 LACMA Art + Film Gala Presented … [+] By Gucci on November 02, 2019 in Los Angeles, California. (Photo by Axelle/Bauer-G...
Mastercard & Visa Divorce from Russia: What’s Next for UnionPay
Western sanctions in Russia keep increasing across the board, with several companies announcing their withdrawal from the territory, including Mastercard and Visa, major financial payment processors. ...
A Billion Dollars a Day, Foreigners Keep Selling India Stocks
(Bloomberg) — India’s $3.2 trillion stock market is witnessing an unprecedented foreign selloff as the surge in oil prices fuels worries of an inflation shock in the major energy-importing natio...
Bored Apes creator Yuga Labs acquires IP for CryptoPunks and Meebits
advertisement Yuga Labs, the creator of popular non-fungible token (NFT) project Bored Ape Yacht Club, has just acquired the rights to two of the most popular NFT collections on the market. Yuga Labs ...
Texas Judge Blocks Transgender ‘Child Abuse’ Investigations
Topline A state judge blocked Texas Gov. Greg Abbott’s divisive order for “child abuse” investigations into parents of transgender children receiving gender-affirming medical care, issuing a statewide...
Rivian’s lack of history is hurting its chances with chipmakers—leaving Amazon facing a $10 billion hit
Electric vehicle startup Rivian is losing out to rivals in an ongoing battle to secure microchips, posing potentially massive losses for large shareholder Amazon. Little over a week into the month, Ri...
Block’s wallet will have a fingerprint sensor, not a screen
Payments firm Block is planning to include a fingerprint sensor in its forthcoming crypto wallet design, according to a Friday product update. Block first announced its plans to build a hardware walle...
Stripe Re-Enters The Cryptospace With Fiat Transaction Capability Of Cryptocurrency As Well As NFTs
According to the release, the company’s products would allow customers to buy and trade over 135 cryptocurrencies in at least 180 countries using fiat currencies. As part of the campaign, Stripe will ...
MLB dodged a disaster by agreeing to end the lockout, but other risks remain
The empty Salt River Fields where Spring Training would be taking place at Talking Stick in Phoenix, AZ. Patrick Breen | USA TODAY Sports Major League Baseball Commissioner Rob Manfred flashed a massi...
Western Oil Companies, Facing New Demands, Find It Easier To Exit Russia
Loren Steffy, UH Energy Scholar NOVOKUIBYSHEVSK, RUSSIA – MARCH 15: A general view of the Novokuibyshev Refinery owned by Rosneft … [+] oil company on March 15, 2012 in Novokuibyshevsk, Sa...
Tilray is posting growing revenues but the stock is falling. Is it a risky buy?
If earnings growth is a catalyst for stock performance, then Tilray Brands Inc. (NASDAQ:TLRY) should be among the best performers. In the second quarter of 2022, the company swung into a net income of...
Russia’s Stock Market to Remain Closed Friday
There will be no stock trading on the Moscow Exchange on Friday, as the closure of Russia’s stock market reaches the two-week mark. In a notice posted on its website late Thursday evening, the R...
Why 3M is a buy despite the continuing pressure on the stock
3M Company (NYSE:MMM) traded at $143, pointing to a lower close this week to continue with a losing streak. The decline comes as the company announces the suspension of all operations in Russia. The R...
What does Modi’s win at Uttar Pradesh polls mean for Indian stocks? — Quartz India
Indian equities are rejoicing a sweeping victory for prime minister Narendra Modi’s Bharatiya Janata Party (BJP) in the country’s most populous state, Uttar Pradesh. The poll results indicate that the...
MoonPay No More Operative In Russia, Belarus And Ukraine
On 10 March, the MoonPay team talked to all their clients to offer information because of recent chaos created by Russia in Ukraine. MoonPay was discovered less than 3 years ago, its fiat-to-crypto on...
High Prices Persist, Even Though Automakers Build More Cars And Trucks In 2022
Ford Motor Co.’s Kansas CIty Assembly Plant FORD: David Kaup LAS VEGAS — Automakers can probably build an additional 2.6 million to 3.2 million vehicles this year vs. 2021, but even that many ve...
Procter & Gamble is crashing. Investors should follow technical indicators to trade the stock
The Procter & Gamble Company (NYSE:PG) announced a measured retreat from the Russian market. The decision may not settle well with conscious investors. PG ceases all capital investments and promot...
Chinese nickel giant Tsingshan said to have sufficient inventory for delivery
Tsingshan Holding Group, the world’s largest nickel producer, has said that it will be able to tackle a historic short squeeze after gathering sufficient nickel inventory for delivery, and with ...
How Much Will Cleveland’s Browns And Guardians Tinker With Their Rosters?
Cleveland Browns general manager Andrew Berry will be a busy man with NFL free agency just around … [+] the corner and the NFL draft next month. Berry must improve a roster that last year was a ...
China Doubles Yuan Trading Band for Ruble After Record Move
(Bloomberg) — China will double the yuan trading band for the ruble amid signs of distressed liquidity as banks back away from making markets. Most Read from Bloomberg The currency pair will be ...
Consumption Costs In The United States Have Reached A 40 Year Peak, According To Statistics And Biden Blamed Rise Upon Putin’s Determined Moves
Consumer prices rose.8% in February, bringing the year-over-year increase to 7.9%, the largest since January 1982, Schiff tweeted. If the CPI still assessed prices the same way it did in the 1970s, th...
Organic Agriculture Nightmare Tanks Sri Lanka’s Economy
A tea plantation near the Nuwara Eliya plateau at an elevation of 1,900 meters. Government-forced … [+] organic farming methods have devastated the industry and the people in it. Vyacheslav Arge...
Bill Ackman Goes All Aboard On Canadian Pacific Railway
Summary The activist investor’s previous investment in the company resulted in a management overhaul. Canadian Pacific recently acquired Kansas City Southern. Billionaire investor Bill Ackman (T...
GlaxoSmithKline is an attractive stock. How do you know when to buy?
GlaxoSmithKline PLC (LON:GSK) is definitely a fundamentally endowed company. That said, investors cannot buy-in at any price. Investors need to learn how to read the market triggers for GSK. This anal...