CashNews.co The Nasdaq Composite notched its best one-day rise in a month after heavyweight tech stocks climbed, recovering from a morning sell-off. The tech-heavy index rose 2.2 per cent on Wednesday, with gains accelerating in the late afternoon. Nvidia jumped 8 per cent, leading an advance for the rest of its Magnificent Seven peers. The […]
CashNews.co Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Vladimir Putin has called on Russian officials to consider restrictions on exports of commodities including uranium, in retaliation against fresh western sanctions against Moscow and its allies. “Please take a look at some […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Atlanta Federal Reserve bank president violated the US central bank’s trading rules and created the “appearance” of benefiting from confidential information, an internal watchdog said in a report on Wednesday. The Fed’s independent […]
CashNews.co Stay informed with free updates Simply sign up to the Equities myFT Digest — delivered directly to your inbox. Credit for the headline goes to Bank of America’s small-caps analyst Jill Carey Hall, whose latest report on the segment is pretty bearish for someone who covers it. As Unhedged’s Rob Armstrong and Aidan Reiter […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Once upon a time, Robinhood was the broker for renegade first-time investors who wanted to stick it to Wall Street. Three years on from the height of meme stock mania, the company wants to […]
CashNews.co German chemist Otto Bayer did not know what to do with polyurethane foam when he invented it in 1937. Today the chemical is omnipresent in household appliances and cars, and is at the heart of Abu Dhabi state oil group Adnoc’s effort to seal Europe’s biggest takeover deal this year. The target company, Covestro, […]
CashNews.co Stay informed with free updates Simply sign up to the Financial services myFT Digest — delivered directly to your inbox. Two weeks ago, Elizabeth Warren extended her long-running beef with the Financial Industry Regulatory Authority, Wall Street’s self-regulatory body mostly just known as Finra. In a letter pointedly cc’ing the SEC’s Gary Gensler, the […]
CashNews.co This article is an onsite version of our Moral Money newsletter. Premium subscribers can sign up here to get the newsletter delivered three times a week. Standard subscribers can upgrade to Premium here, or explore all FT newsletters. Visit our Moral Money hub for all the latest ESG news, opinion and analysis from around […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK government will commit £500mn of taxpayer aid to help Britain’s largest steelworks in south Wales move to greener forms of steelmaking, but the wide-ranging deal will still lead to the loss of […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Canary Wharf Group’s credit has been cut further into junk territory by Fitch, with the rating agency warning over the risks the dockland landlord faces in refinancing debts next year. The rating agency on […]