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German ‘insurtech’ Wefox raises $650 mln at valuation of $3 bln

Digital insurance startup Wefox said on Tuesday it had raised $650 million from investors, in what it called a record-breaking…

5 years ago

Asian stocks at month high ahead of U.S. jobs data, gold rises

Asian stock markets rose on Tuesday while gold flirted near five-month highs ahead of European and U.S. data this week…

5 years ago

Europe’s bourse share trading claims inaccurate, says industry body

The bulk of share trading in the European Union takes place on exchanges with relatively little inside banks, an industry…

5 years ago

Brent hits $71, highest since March, on demand prospects

Oil prices rose on Tuesday, with Brent hitting $71 and trading at its highest since March, as expectations grew for…

5 years ago

Dollar in doldrums as traders ponder Fed policy path; sterling soars

The dollar languished near multi-month lows versus major peers on Tuesday, as traders pondered the prospects for early policy normalisation…

5 years ago

EXCLUSIVE G7 to back minimum global corporate tax and support economy – draft

Finance ministers from the group of seven rich nations (G7) will vow this week to support their economies as they…

5 years ago

EXCLUSIVE Eni, BP in talks over oil and gas assets in Algeria

BP (BP.L) and Eni (ENI.MI) are in talks over the future of their oil and gas assets in Algeria as…

5 years ago

As Japan loses training camps, Olympics buzz fades

Ahead of the Tokyo 2020 Olympics, the Japanese city of Kamo spent 70 million yen ($640,000) on horizontal bars, gymnastic…

5 years ago

Tesla’s vehicle price increases due to supply chain pressure, Musk says

The price of Tesla (TSLA.O) vehicles is increasing due to supply chain pressures across the auto industry, particularly for raw…

5 years ago

Does economic growth lead to greater inequality? The answer might surprise you.

By Matteo Lanzafame, Antonio Francesco Gravina Finance, globalization, technology and urbanization – key drivers of economic growth – can lead to more…

5 years ago