Banks should be setting aside this year’s bumper profits to provision for clients defaulting on loans, says BaFin President Mark Branson.
Category: Finance News
Hedge fund billionaire Bill Ackman and wife Neri Oxman buy nearly 5% stake in Tel Aviv Stock Exchange
Hedge fund billionaire Bill Ackman and his wife Neri Oxman are buying a nearly 5% stake in the Tel Aviv Stock Exchange, the exchange reported in a press release Wednesday.
China’s EV players ramp up competition with Tesla using new tech
Hot competition in China’s electric car market is pushing local automakers to sell vehicles with fancy tech that Tesla doesn’t yet offer in the country.
Stocks making the biggest moves after hours: Netflix, Texas Instruments, Intuitive Surgical and more
These are the stocks posting the largest moves in extended trading.
Federal Trade Commission bans ‘deceptive advertising’ for free filing from TurboTax maker Intuit
The Federal Trade Commission has cracked down on “deceptive advertising” from Intuit, maker of tax filing software TurboTax. Here’s what taxpayers need to know.
Don’t let this passport quirk upend your next vacation. It ‘trips a lot of people up,’ expert says
Depending on the destination, your passport may need to be valid for at least six more months in order to board the airplane.
Stocks making the biggest moves midday: United Airlines, TKO Group, 3M, Alibaba and more
These are the stocks posting the largest moves in midday trading.
Markets ‘complacent’ about the risks of a Trump win, strategist says
Markets are “fairly complacent” about the risks of a second Trump presidency, which could trigger a “tantrum” in bond markets, says PGIM’s Guillermo Felices.
Stocks making the biggest moves premarket: Coinbase, TKO Group, United Airlines, D.R. Horton and more
These are the stocks posting the largest moves in premarket trading.
Founders of Wise and Skype raise $436 million to build tech giants in Europe
Plural, a venture firm set up by the founders of Wise, Skype and Songkick, raised 400 million euros ($436.4 million) for a new fund.