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Financial News Around the World

Crypto startup Ripple is seeking a license in Ireland to drive EU expansion

Most of Ripple’s business is now driven outside of the U.S. despite its large presence in the country, General Counsel Stuart Alderoty told CNBC.

Published 18 November 2022
Categorised as Finance News

‘We’re going to dream a little less’: Sequoia’s Doug Leone on fallout from FTX’s collapse

Billionaire venture capitalist Doug Leone said there wasn’t much his firm Sequoia Capital could do to predict the solvency crisis at FTX.

Published 18 November 2022
Categorised as Finance News

Alibaba says 15% of China delivery areas were disrupted during Singles Day shopping festival

China’s Covid controls disrupted Alibaba’s ability to deliver packages, the company said, dragging down the e-commerce giant’s sales in a competitive market.

Published 18 November 2022
Categorised as Finance News

Stocks making the biggest moves after hours: Live Nation, Gap, Ross Stores, Palo Alto and more

These are the stocks posting the largest moves in post-market trading.

Published 17 November 2022
Categorised as Finance News

Visa says Ryan McInerney will replace Al Kelly as its next CEO

Ryan McInerney was named the next chief executive of Visa, replacing Alfred Kelly.

Published 17 November 2022
Categorised as Finance News

Taylor Swift public ticket sale on Friday is canceled, Ticketmaster says. But the secondary market can be ‘buyer beware’

After Ticketmaster canceled public ticket sale plans for Taylor Swift’s “The Eras Tour,” fans may turn to the “secondary” market to score a seat. But scams abound.

Published 17 November 2022
Categorised as Finance News

Tracking the bifurcation of consumer spending between luxury and budget goods

Oliver Chen, analyst at Cowen, and Scott Mushkin, analyst at R5 Capital, joins ‘Power Lunch’ to discuss consumer discretionary spending towards high-end versus budget goods, inflationary pressure on middle income consumers and holiday season purchase predictions.

Published 17 November 2022
Categorised as Finance News

Stocks making the biggest moves midday: Bath & Body Works, Norwegian Cruise Line, Macy’s and more

These are the stocks posting the largest moves in midday trading.

Published 17 November 2022
Categorised as Finance News

Jeff Bezos says ‘it’s really hard’ to give away money, while MacKenzie Scott announces $2 billion in donations

Jeff Bezos said “it’s really hard” to give away large sums of money in effective ways. His ex-wife, MacKenzie Scott, announced she’s given away $2 billion over the last seven months.

Published 17 November 2022
Categorised as Finance News

John Malone says he’s skeptical of ad-supported content as Netflix, Disney roll out ad tiers

Liberty Media Chairman told CNBC he’s doubtful that adding commercials to long-form streaming content would help media companies be successful in the long run.

Published 17 November 2022
Categorised as Finance News

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