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Market News
October 23, 2021
UniCredit Is Considering Walking Away From Monte Paschi Deal
UniCredit is prepared to walk away from a deal to buy Banca Monte dei Paschi di Siena SpA, a potential blow to Prime Minister Mario Draghi’s...
October 23, 2021
Supply Chain Woes Give Boost to $65 Billion Online Resale Market
As brand-name retailers nationwide struggle to fill shelves, a crop of online platforms that trade in secondhand wares are poised to profit...
October 23, 2021
Trump’s Tech SPAC Could Make Him Billions With Meme-Stock Frenzy
Donald Trump’s sagging fortune is suddenly poised to get a massive boost from meme-stock mania.
October 23, 2021
China Widens Property-Tax Trials With Levy on Residential Owners
China’s State Council will expand property-tax reform trials to more areas and start taxing residential property owners, Xinhua reported.
October 23, 2021
Smash-Hit Bitcoin ETF Ups the Ante For Issuers Racing to Launch
The cryptocurrency universe got its long-awaited wish: Not one, but two U.S. Bitcoin-linked exchange-traded funds finally launched, bringing further...
October 23, 2021
Walmart Recalls Room Spray on Bacteria Fears After Two Deaths
Walmart Inc. is recalling an aromatherapy spray in the U.S. because of the possible presence of a rare and dangerous bacteria, and reports of two...
October 23, 2021
Saudi Aramco Pledges to Reach Net-Zero Emissions by 2050
Saudi Aramco, the world’s biggest exporter of oil, set a goal of reaching net-zero emissions from its wholly-owned operations by 2050, a decade...
October 23, 2021
Botswana Moves Rhinos Out of Okavango Delta as Poaching Worsens
The Botswana government is moving rhinos out of the Okavango Delta after a surge in poaching that has seen 92 of the endangered animals killed in the...
October 23, 2021
Wall Street Hails a New Era of Oil Prices: Higher for Longer
Could the era of cheap oil supply be gone for good?
October 23, 2021