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Market News

October 5, 2021
Vaccine Laggard Romania Running Out of ICU Beds as Cases Peak
Romania is running out of beds in intensive-care units designated for patients suffering from the coronavirus as cases spike to a new daily record.
October 5, 2021
Ex-Credit Suisse Trader Lemssouguer Plans $1 Billion Fund Launch
Hamza Lemssouguer, a former top debt trader at Credit Suisse Group AG, is raising hundreds of millions of dollars from Squarepoint Capital LLP as he...
October 5, 2021
Crypto’s Future Could Soon Look a Lot Like the U.S. Dollar
The dollar is entering the crypto age, and the U.S. government is poised to give its clearest signal yet on how that will happen.
October 5, 2021
Qatar Air Says A350 Paint Problem Has Led to Composite Cracks
Qatar Airways said a problem with rapidly deteriorating surface paint that led to the grounding of 16 of its Airbus SE A350 aircraft has also...
October 5, 2021
Three Scientists Win Nobel for Work on Complex Physical Systems
Three scientists won the Nobel Prize in physics for their breakthroughs in how we understand complex physical systems that on the surface appear...
October 5, 2021
U.S. Stock Futures Rise as Investors Return to Tech After Rout
U.S. stock futures edged higher, led by contracts on the Nasdaq 100 Index, as investors bought the dip a day after a steep selloff in major...
October 5, 2021
Somalia’s Long-Awaited Presidential Elections Face Another Delay
Presidential elections in Somalia that were due to take place on Oct. 10 will be rescheduled, a postponement that’s likely to compound divisions...
October 5, 2021
Facebook Outage Puts Hungary’s Opposition on Edge During Primary
Facebook Inc.’s hours-long service outage showed that one of the crucial communication channels for opponents of authoritarian-leaning governments...
October 5, 2021
Irish Confident of Signing Up to Global Tax Deal, Minister Says
Ireland’s government is confident it will be able to sign up to a global accord on a minimum corporate tax rate, a leading minister said.
October 5, 2021
Citi Hires Ex-Credit Suisse EMEA Head of Hedge Fund Consulting
Citigroup Inc. has hired a former Credit Suisse Group AG executive as the EMEA head of its unit that helps hedge funds set up and grow their...