Fintech star Revolut goes live with zero-fee Nasdaq stock trading service August 1, 2019 Digital bank Revolut has today launched its commission-free stock trading service, more than a year after it was first announced. The platform will present a fresh rival to London startup Freetrade, in addition to larger services such as those run by Etoro. Read more: Metro Bank finance director quits to take role with Revolut Enabled [...]
A-Team Mission: Make Bitcoin Mainstream August 14, 2018 What if Microsoft came together with Starbucks and the New York Stock Exchange (NYSE) on a mission to take Bitcoin mainstream? A strong enough signal that cryptocurrencies are going mainstream? Well they have! Resulting in a new platform dubbed Bakkt. Meanwhile what's the significance of the first international scientific conference, backed by the first peer-reviewed [...]
Bayer share price surges amid report it could settle Roundup weedkiller lawsuits for $8bn August 9, 2019 Bayer’s share price rocketed by as much as 11 per cent today as a report emerged that the German giant had proposed to pay $8bn (£6.59bn) to settle 18,000 lawsuits relating to its Roundup weedkiller. Read more: Judge reduces Bayer weedkiller damages Bayer later trimmed gains back to 5.8 per cent on Germany’s Dax stock [...]
Amazon hits a trillion-dollar valuation September 4, 2018 Amazon has become the second ever US publicly-listed company to hit a $1 trillion market valuation. Amazon shares briefly passed over the $2,050.27 mark needed to break the milestone earlier this afternoon, before dropping back down to $2,035.56. It crossed the $2,000 per share threshold last Thursday, amid doubts from Wall Street that placed it [...]
Voyager Air grounds plans for London Stock Exchange listing July 18, 2019 An aircraft leasing firm has stalled its planned initial public offering (IPO), becoming the second major company in a fortnight to put off its float in London. Voyager Air has halted its ambition to raise $200m ($160m) through an IPO on the London Stock Exchange, blaming “currently unfavourable” market conditions for the move. Read more: [...]
Budweiser blues: AB InBev scraps plans for largest IPO of 2019 July 13, 2019 The world’s largest brewer has abandoned plans for a blockbuster initial public offering (IPO). Budweiser owner AB InBev cited weak market conditions as it pulled the plug on a $9.8bn (£7.8bn) listing on the Hong Kong Stock Exchange. The float, which was billed as the world’s largest IPO of 2019, comes against a backdrop of [...]
Spotify direct listing on New York market to go ahead in April March 12, 2018 Spotify will go public on the New York Stock Exchange with a direct listing as early as next month, it has emerged. The music streaming service will hold an investor meeting later this week, ahead of a float which has now been scheduled for 2 April, Bloomberg reported. Its debut on the stock market will [...]
US stock markets jump after China hints at stimulus August 16, 2019 US stock markets have opened significantly higher after China sewed hopes of more stimulus and a rally in government bonds slowed down. Read more: FTSE 100 follows European stocks upwards after it reopens The tech-heavy Nasdaq index was the biggest climber, rising one per cent shortly after the opening bell. The S&P 500 had risen [...]
US Election: Biden’s (almost certain) win: How it happened November 6, 2020 Live updates on the US Presidential Election 2020 as Donald Trump and Joe Biden go head to head. Rolling coverage as Americans vote.
Snap eyes up revenue growth with launch of new edition of Snapchat Spectacles April 26, 2018 Snap will be hoping for a change in fortunes with the launch of its new version of wearable Snapchat Spectacles. The specs look like regular sunglasses, but carry a camera that allows the user to take 10-second clips that can be sent to a user’s Snapchat app. The company’s first edition of the glasses led [...]