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Financial News Around the World

Private sector added 324,000 jobs in July, well above expectations, ADP says

That total was well above the Dow Jones consensus estimate for 175,000, though it marked a decrease from the downwardly revised 455,000 in June.

Published 2 August 2023
Categorised as Finance News

Stocks making the biggest moves premarket: Match Group, CVS, SolarEdge and more

Paycom’s shares sank 8.6% in premarket trading after the company forecasted third-quarter revenue guidance that fell short of analysts’ expectations.

Published 2 August 2023
Categorised as Finance News

Ferrari raises guidance after profit jumps as more customers personalize their sports cars

Ferrari has greatly extended its options lists, offering its customers a huge range of choices in paint finishes, interior materials and other details.

Published 2 August 2023
Categorised as Finance News

U.S. debt downgrade sinks global markets — but economists are not concerned

Global stock markets tumbled on Wednesday after ratings agency Fitch downgraded the United States’ long-term credit rating, but top economists say there is nothing to worry about.

Published 2 August 2023
Categorised as Finance News

HSBC CEO on Farage-Coutts spat: ‘We do not exit clients based on their lawful personal views’

HSBC CEO Noel Quinn said Tuesday that the lender would not “exit a client based on their lawful personal views.”

Published 2 August 2023
Categorised as Finance News

U.S. House committee flags MSCI, BlackRock for China investments

U.S. investments in about 50 blacklisted Chinese companies is under scrutiny from the House of Representatives Select Committee on the Chinese Communist Party.

Published 2 August 2023
Categorised as Finance News

Bank of England’s next move divides economists as data paints a mixed picture

Market expectations are split over the Bank of England’s next monetary policy move on Wednesday, as policymakers near a tipping point in their fight against inflation.

Published 2 August 2023
Categorised as Finance News

CNBC’s top 200 global fintech companies: The complete list

From China’s Ant Group to Sweden’s Klarna, here is the complete list of the world’s top 200 fintech companies.

Published 2 August 2023
Categorised as Finance News

From banking giants to lending up-and-comers — here are the world’s top 200 fintech companies

From across the globe, spanning a diverse range of applications in finance — these are the world’s top fintech companies.

Published 2 August 2023
Categorised as Finance News

China turns to rural tourism and smart appliances to boost consumption

Instead of handing out cash, China is trying to make sure consumers and businesses spend where authorities want it to matter economically.

Published 2 August 2023
Categorised as Finance News

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