NatWest shares plunge after warning on rising costs
NatWest’s shares fell as much as 9% on Friday after the British bank warned of rising costs, and as its third-quarter results were hit by a deteriorating UK economic outlook that prompted an increase in bad debt provisions.
Futures tick down ahead of big bank earnings, retail sales data
U.S. stock index futures edged lower on Friday as caution kicked in ahead of quarterly results from four of the nation’s biggest banks that could set the tone for the third-quarter earnings season.
China tech shares sink as U.S. export curbs raise chip sector hurdles
Shares in Chinese tech giants Alibaba Group (9988.HK) and Tencent (0700.HK) as well as in chipmakers slumped on Monday, as investors were spooked by new U.S. export control measures aimed at slowing Beijing’s technological and military advances.
Gas price surge, recession fears weigh on European shares
European shares slipped on Tuesday as investors fretted about soaring energy prices and a weak economic outlook after data showed business activity in the region contracted this month.
Investment platforms face hangover after pandemic party
The trillion-dollar retail investment express is losing steam, dampening the fortunes of British trading platforms that boomed during lockdowns on the back of a meme stocks frenzy.
European shares fall as Ukraine crisis, Fed tightening worries weigh
European shares were set for their worst day in nearly two weeks on Tuesday as worries about the war in Ukraine, aggressive monetary policy tightening by the U.S. Federal Reserve and a batch of upcoming earnings kept investors on edge.
