CashNews.co Unlock the Editorâs Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is a former investment banker and author of âPower Failure: The Rise and Fall of an American Iconâ There is an old idea making new waves on Wall Street. Banks of all […]
Financial Insights That Matter By Tom Sims FRANKFURT (Reuters) -Commerzbank will hold a first round of talks with UniCredit on Friday as the Italian lender presses for a possible tie-up. Commerzbank has, like some other banks, had a rocky history with big mergers and acquisitions over the years. These are some of the key moments: […]
Financial Insights That Matter Source: Getty Images Written by Puja Tayal at The Motley Fool Canada Air Canada (TSX:AC) has always been in the news. But this time, the stock has been the talk. Its stock price surged 10% since September 9 and reached $16.6 after falling 26% since May. Nothing could revive the stock, […]
Financial Insights That Matter As Bitcoin continues to attract major inflows from institutional investors, the Dogecoin price is on the move as it is increasingly becoming the go-to cryptocurrency for retail investors. Interestingly, Dogecoinâs price performance has also largely correlated with the Bitcoin price. As such, Bitcoinâs recent break above the $100,000 price level has […]
CashNews.co Making professional investment decisions on the basis of calls on markets, sectors or investment styles is a mugâs game. That is the suggestion of Craig Baker, global chief investment officer at insurer and institutional investor Willis Towers Watson (WTW), which oversees the recently merged ÂŁ5bn investment trust Alliance Witan (ALW). âItâs pointless to call […]
Financial Insights That Matter EDMONTON â There are renewed questions over a recent comment by Alberta Premier Danielle Smith on whether the province is being sprayed from above by so-called chemtrails. Smith has faced recent criticism after a weekend United Conservative Party town hall in Edmonton, where she responded to an audience member’s concerns about […]
Financial Insights That Matter Wall Street rose on Thursday while the FTSE 100 (^FTSE) and European stocks were mixed as traders weighed up news that the US economy added 227,000 private-sector jobs in November, above the 200,000 forecast by economists. It was a stronger-than-expected recovery, from the 36,000 jobs added in October, according to the […]
Financial Insights That Matter Wall Streetâs imminent embrace of digital assets was once a rallying cry for Bitcoin boosters, who believed a suite of suit-wearing investors would inevitably dominate the emerging market. As spot Bitcoin ETFs surpassed Satoshi Nakamotoâs holdings Thursday, they were proven right. As of Thursdayâs market close, spot Bitcoin ETFs collectively held […]
CashNews.co It is perhaps no surprise that an industry that has been around for more than 150 years is going to have to battle to remain relevant. Investment trusts were under siege last year and a year on there are few signs of the troubles ending. Demand from retail investors is in retreat. Passive funds, […]
Financial Insights That Matter Excavators stand side by side at the edge of a field. The chip company Intel is putting the construction of a factory in Magdeburg on hold. The project will probably be delayed by two years, announced company boss Gelsinger. Intel is struggling with losses and has initiated a cost-cutting program. Klaus-Dietmar […]