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Financial News Around the World

Ferrari boss promises ’emotion’ won’t be lost in EV engine roar

Ferrari CEO Benedetto Vigna promised on Tuesday that the luxury carmaker’s new EV will offer drivers the same roar as its historic combustion engines.

Published 19 March 2024
Categorised as Finance News

Grayscale CEO says fees on its bitcoin ETF will drop over time after outflows hit $12 billion

Grayscale’s CEO said that fees on its flagship bitcoin ETF will come down over time, softening an earlier stance defending costlier than market average fees.

Published 19 March 2024
Categorised as Finance News

Banks are in limbo without a crucial lifeline. Here’s where cracks may appear next

High interest rates and rising losses on commercial real estate threaten hundreds of U.S. banks, mostly smaller regional lenders and community institutions.

Published 19 March 2024
Categorised as Finance News

‘Glitch’ at Ethiopia’s biggest bank sees customers withdraw millions that isn’t theirs

Ethiopia’s largest bank is struggling to recoup funds after a glitch over the weekend allowed customers to withdraw millions of dollars, according to local media reports.

Published 19 March 2024
Categorised as Finance News

An activist short-seller is making a name for itself by taking on Carl Ichan, Gautam Adani and others

Short-selling is a controversial practice, since it involves making money from the decline of somebody else’s asset value.

Published 19 March 2024
Categorised as Finance News

Time is running out for interest rate cuts, market forecaster Jim Bianco warns before Fed meeting

“I’m in the camp that the Fed does not change policy in the summer of an election year,” the Bianco Research president told CNBC’s “Fast Money” on Monday.

Published 18 March 2024
Categorised as Finance News

This is the easiest way for newbies to start investing, financial experts say

Target-date funds are the best option for novice investors looking for a simple, hands-off approach, according to financial experts.

Published 18 March 2024
Categorised as Finance News

Stocks making the biggest moves midday: Nvidia, Apple, Alphabet, PepsiCo and more

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

Published 18 March 2024
Categorised as Finance News

Stocks making the biggest moves premarket: Google, HashiCorp, Nvidia and more

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

Published 18 March 2024
Categorised as Finance News

China kicks off the year on strong note as retail, industrial data tops expectations

China on Monday reported economic data for the first two months of the year that beat analysts’ expectations.

Published 18 March 2024
Categorised as Finance News

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