Wall Street closes mixed, S&P 500 ends off record high
U.S. stocks closed mostly lower on Wednesday, with the S&P 500 falling from a record high after data signaled a slowdown in jobs growth in July, and General Motors tracked its worst day since early March.
Robinhood shares surge 50%, as investors scoop up ‘the meme of memes’
Shares of Robinhood Markets Inc (HOOD.O)rose more than 50% on Wednesday during a wild trading session as investors scooped up shares after its underwhelming stock market debut last week.
Specialist Online Learning Developed for NHS Phototherapy Professionals
When NHS National Services Scotland (NSS) and Photonet, the National Managed Clinical Network for Phototherapy in Scotland, wanted to re-design an interactive resource to develop the range of knowledge, skills and behaviours which promote safe and effective work with patients in Phototherapy settings, they turned to the digital learning and assessment specialist, eCom Scotland.
Italy’s Treasury under siege over Monte dei Paschi deal
Italy’s Treasury is under fire from ruling parties seeking guarantees for Monte dei Paschi’s employees and Siena’s local economy, after the ministry entered exclusive talks to sell the ailing Tuscan bank to UniCredit.
S&P 500 edges down on coronavirus woes, slowing economy
Aug 2 (Reuters) – The S&P 500 Index closed slightly lower on Monday after erasing early gains as worries about the Delta variant of the coronavirus and a slowing U.S. economy overshadowed optimism around more fiscal stimulus and a strong second-quarter earnings season. Federal Reserve Governor Christopher Waller said on CNBC late in the session […]
Goldman Sachs to raise pay for junior investment bankers – Business Insider
Goldman Sachs Group Inc (GS.N) is raising salaries for its junior employees in the investment bank division, Business Insider reported on Sunday.
MORNING BID A new sunny day, with the same old clouds
It’s a new week, a new month and time for a fresh start – but the problems niggling at markets this morning are still the same.
France’s Axa rebounds from pandemic as XL unit swings to profit
Axa (AXAF.PA) posted a 180% surge in first-half net income on Monday as the French insurer rebounded from a spike in pandemic-related claims that led to a 1.5 billion euro ($1.8 billion) charge last year.
Blackstone and Hudson Pacific plan $1 billion film studios in UK
U.S. firms Blackstone (BX.N) and Hudson Pacific Properties (HPP.N) said they planned to create a major film, TV and digital production complex in Broxbourne, north of London, in the first overseas expansion of their Sunset Studios platform.
Allianz cooperating as DOJ probes Structured Alpha Funds
The U.S. Department of Justice has begun an investigation relating to Allianz Global Investors’ Structured Alpha Funds, following litigation pending in U.S. courts on the matter, German insurer Allianz (ALVG.DE) said on Sunday.
