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Market News

October 25, 2021
Wise Shares Hit by FaceBook, Banks Muscling in on Money Transfers
Wise Plc has slipped below its listing price for the first time ever, after a discounted share sale by its co-founder compounded mounting concerns of...
October 25, 2021
Metals Advance as China Seeks to Ease Economic Slowdown Concerns
Industrial metals climbed in London as investors weighed moves by Beijing to steady economic sentiment that’s been battered by concerns over energy...
October 25, 2021
Tesco Restores Online Sales After Cyber Attack Freezes Site
Tesco Plc said its online operations have been restored following an attempted hack on its website and app that left customers unable to place orders...
October 25, 2021
Russian Hackers Targeting Tech Supply Chain in Defiance of Biden
Microsoft Corp. said the hackers behind the SolarWinds cyberattack are engaged in a fresh campaign to compromise global networks by targeting the...
October 25, 2021
PayPal Says It’s Currently Not Pursuing Pinterest Deal
PayPal Holdings Inc. said it isn’t pursuing an acquisition of Pinterest Inc., ending days of speculation over a potential $45 billion deal.
October 25, 2021
U.K. Leaning Toward Mandatory Vaccines for NHS Staff, Says Health Secretary
Health Secretary Sajid Javid says he is “leaning towards” mandatory Covid vaccinations for National Health Service staff, after revealing around...
October 25, 2021
Ugandan President Says Bomb Incident Seems a Terrorist Act
A bomb blast that killed at least one person in a restaurant in Uganda’s capital, Kampala, “seems to be a terrorist act,” President Yoweri...
October 25, 2021
HSBC Sees No Material Fallout From China Evergrande Trouble
HSBC Holdings Plc has guarded itself against mounting risks in the Chinese real estate market, picking firms that can steer clear of any fallout from...
October 25, 2021
Volvo Cuts Back Size of Planned IPO to $2.3 Billion
Volvo Car AB’s Chinese owner is reducing the amount it’s seeking to raise to about 20 billion kronor ($2.3 billion) in its initial public...
October 25, 2021
Amnesty to Quit Hong Kong Citing Fears Under Security Law
Amnesty International is shutting its Hong Kong operations citing fear of “serious reprisals” under a China-imposed national security law, the...