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Financial News Around the World

Category: Finance News

German regulator urges banks to set aside bumper profits for bad news on the horizon

Banks should be setting aside this year’s bumper profits to provision for clients defaulting on loans, says BaFin President Mark Branson.

Published 24 January 2024
Categorised as 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.

Published 24 January 2024
Categorised as Finance News

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.

Published 24 January 2024
Categorised as Finance News

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.

Published 23 January 2024
Categorised as Finance News

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.

Published 23 January 2024
Categorised as Finance News

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.

Published 23 January 2024
Categorised as Finance News

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.

Published 23 January 2024
Categorised as Finance News

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.

Published 23 January 2024
Categorised as Finance News

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.

Published 23 January 2024
Categorised as Finance News

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.

Published 23 January 2024
Categorised as Finance News

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