Amsterdam ousts London as Europe’s top share trading hub UK’s departure from the EU prompts shift in dealing of stocks and derivatives Amsterdam surpassed London as Europe’s largest share trading centre last month as the Netherlands scooped up business lost by the UK since Brexit. An average €9.2bn shares a day were traded on…
Musk’s Tesla says it invested $1.5 billion in bitcoin, sending the cryptocurrency to record levels near $44,000 Tesla plans to accept bitcoin as payment for its products, filings with regulators on Monday show Elon Musk’s Tesla Inc. said that it has acquired $1.5 billion in bitcoins in January and that it could accept the…
Boomers Are Going to Drive a Silver Surge Companies tend to neglect older generations, focusing instead on millennials and Gen Z. Such a strategy will be costly this year. Companies long to partner with the Kardashians. Over the past couple of years, we have seen beauty leader Coty Inc., for example, strike cosmetics deals with both Kim Kardashian…
2 short sellers admit defeat, bail out at huge loss as GameStop share surge hits 1000% Short sellers Andrew Left and Melvin Capital take huge losses to cover their bad bets “Prominent short seller Andrew Left, has admitted he has taken a 100 per cent loss on his bet against GameStop” In the David…
European firms improve diversity scores in pandemic year, study finds The number of major European companies with high participation of women in leadership positions has doubled over the past year, but there was less progress on top jobs, a study by a EU-sponsored non-profit organization showed on Thursday. Brussels-based association European Women on Boards,…
Biden Inaugurated as the 46th President WASHINGTON — Joseph Robinette Biden Jr. was sworn in on Wednesday as the 46th president of the United States, assuming leadership of a country ravaged by disease, dislocation and division with a call to “end this uncivil war” after four tumultuous years that tore at the fabric of…
European stocks weak despite tailwind from Chinese output data Economic and human cost of new Covid-19 variants weigh on investor sentiment China’s economy, the world’s second-biggest, grew 6.5% in the fourth quarter. European equity markets struggled for direction on Monday as strong economic data from China vied with concerns over a double-dip recession in…
Investing Basics: How To Buy ETFs Exchange traded funds, commonly known as ETFs, are a low-cost way to buy exposure to hundreds or thousands of stocks and bonds, making them a favorite of financial advisors and investors alike. Here’s how to start buying ETFs. Open a Brokerage Account Because you can’t just go to…
Bitcoin tops $40,000 for first time, pushing cryptocurrency market value past $1 trillion Bitcoin smashed through $40,000 to hit a new record high on Thursday helping to lift the total value of the entire cryptocurrency market above $1 trillion for the first time. The digital coin hit an all-time high of $40,367 at around 1:17…
How to reach your careers goals in 2021 People who go to the gym several days each week typically dread the start of a new year. The wait times for exercise machines increase dramatically and the locker rooms are suddenly packed with people. Fortunately, for the regular gym-goers, the crowds tend to disappear by…
