finance

Buyers beware as “altcoin” frenzy bruises bitcoin

Bitcoin’s smaller rivals are eroding its share of the $2 trillion digital currency market. Of the dozens snapping at its…

5 years ago

Julius Baer confirms targets as AuM grow 8% through April

Julius Baer (BAER.S) said it was on track to deliver on financial targets as the Swiss wealth manager posted an…

5 years ago

London’s ‘Golden Age’ as Europe’s financial capital is over, says NatWest chair

The City of London's 'Golden Age' as Europe's financial capital is over following Brexit, but it will remain a major…

5 years ago

China bans financial, payment institutions from cryptocurrency business

China has banned financial institutions and payment companies from providing services related to cryptocurrency transactions, and warned investors against speculative…

5 years ago

FTSE 100 drops as commodity stocks weigh, inflation doubles

London's FTSE 100 slipped on Wednesday, dragged down by heavyweight commodity stocks, while a bigger-than-expected jump in inflation stoked fears…

5 years ago

Bitcoin slides below $40,000 after China’s fresh crypto curbs

Bitcoin tumbled below the $40,000 mark on Wednesday hitting a 3-1/2 month low and dragging down other digital coins after…

5 years ago

Berkshire sheds nearly all of Wells Fargo, a holding since 1989

Berkshire Hathaway Inc (BRKa.N) has sold nearly all of its holdings in Wells Fargo & Co (WFC.N), as Warren Buffett…

5 years ago

Walmart beats estimates for sales on stimulus spending boost, raises profit forecast

Walmart Inc (WMT.N) raised its full-year earnings forecast on Tuesday and beat estimates for same-store sales as it benefited from…

5 years ago

Italy’s Berlusconi family sells Mediobanca stake

Former Italian Prime Minister Silvio Berlusconi's family has sold its 2% stake in Mediobanca (MDBI.MI), in the latest change affecting…

5 years ago

EEX market leader in Japan power futures after first year

The European Energy Exchange (EEX) could double the number of participants in its Japanese power futures market from around 20…

5 years ago