investing

Alfi Inc shares set to fall from record highs, ‘meme stock’ Torchlight sinks

Shares of software firm Alfi Inc (ALF.O) fell 10% in early deals on Wednesday after more than doubling in value…

4 years ago

EU envoy urges U.S. to ease travel restrictions; sees time to resolve metals dispute

The European Union's top diplomat in Washington said the United States should safely ease COVID-19 travel restrictions on Europeans, calling…

4 years ago

Explainer: What is the Treasury yield curve and what is it telling us?

A hawkish shift from the U.S. Federal Reserve last week has focused attention on the shape of the yield curve.…

4 years ago

U.S. Fed reverse repo volume hits record $813.57 bln

The Nasdaq hovered near its all-time high on Wednesday, helped by a boost from Tesla shares, with investors cheering data…

4 years ago

Ackman sees path to possible U.S. listing for Universal, working on next deal

William Ackman, whose blank check acquisition company struck a deal to buy 10% of Universal Music Group (UMG) last week,…

4 years ago

Nasdaq hits record high as factory activity scales new peak

The Nasdaq hit an all-time high on Wednesday, helped by a boost from Tesla's shares, with investors cheering data showing…

4 years ago

Crypto is ‘rat poison’, a third of mainstream investment firms tell JPM

Only 10% of institutional investment firms surveyed by JPMorgan trade cryptocurrencies, with nearly half labelling the emerging asset class as…

4 years ago

EU watchdog tells banks to have a 10-year climate plan

Banks in the European Union must have a 10-year plan spelling out how they will deal with environmental, social and…

4 years ago

Self-driving startup WeRide deepens ties with Nissan, raises $310 mln

WeRide, a China-based autonomous driving startup, said on Wednesday that it would deepen development with Nissan Motor (7201.T) on autonomous…

4 years ago

EXCLUSIVE Harvard wasn’t pressured over Toshiba, former Japan adviser says

A former Japanese government adviser said he did not put pressure on Harvard University's endowment fund to influence its voting…

4 years ago