Technology

European shares fall on inflation, pandemic woes

European shares fell on Wednesday as worries about rising inflation and the Delta variant of the novel coronavirus hit economically sensitive sectors, even as technology stocks tracked an overnight surge in their U.S. peers.

Australian watchdog suspects insider trader at tech firm Nuix

Australia’s corporate regulator is investigating Macquarie-backed software provider Nuix (NXL.AX) over suspicious revenue forecasts in its prospectus, as well as its former CFO for alleged insider trading, court documents show.

Chinese EV Maker Xpeng to raise $1.8 bln in Hong Kong listing

Chinese smart electric vehicle maker Xpeng Inc said it would raise $1.8 billion to expand its product line-up and develop its technology, by pricing its shares on Wednesday at HK$165 ($21.25) each in a Hong Kong dual primary listing.

Global shares edge lower on new COVID-19 outbreaks in Asia

Global shares edged lower on Tuesday, as new coronavirus outbreaks in Asia vied with strong U.S. consumer confidence, and as investors speculated about whether the Federal Reserve would accelerate its timetable to end easy monetary policy.

European shares fall on inflation, pandemic woes

European shares fell on Wednesday as worries about rising inflation and the Delta variant of the novel coronavirus hit economically sensitive sectors, even as technology stocks tracked an overnight surge in their U.S. peers.

Australian watchdog suspects insider trader at tech firm Nuix

Australia’s corporate regulator is investigating Macquarie-backed software provider Nuix (NXL.AX) over suspicious revenue forecasts in its prospectus, as well as its former CFO for alleged insider trading, court documents show.

Chinese EV Maker Xpeng to raise $1.8 bln in Hong Kong listing

Chinese smart electric vehicle maker Xpeng Inc said it would raise $1.8 billion to expand its product line-up and develop its technology, by pricing its shares on Wednesday at HK$165 ($21.25) each in a Hong Kong dual primary listing.

Global shares edge lower on new COVID-19 outbreaks in Asia

Global shares edged lower on Tuesday, as new coronavirus outbreaks in Asia vied with strong U.S. consumer confidence, and as investors speculated about whether the Federal Reserve would accelerate its timetable to end easy monetary policy.

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