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Maersk cuts jobs as profit collapses. it's bad news for global trade.

The shipping Giant's third-quarter Ebitda of $1.9 billion represents a fraction of last year's $10.9 billion....

November 3, 2023, 6:54 am

Have us banks weathered the storm or are more collapses to come?

The global financial landscape has been distinguished by extraordinary difficulties, such as the COVID-19 epidemic, economic downturns, and changes in...

October 26, 2023, 3:17 pm

Bitcoin user surge defies luna, ftx crises – u.today

In defiance of the recent collapses of cryptocurrency platforms FTX and LUNA, the Bitcoin network conti...

October 21, 2023, 7:14 am

Glencore, vw, stellantis spac plan collapses after nickel slide

A US1 billion SPAC or special acquisition company deal involving car giants VW and Stellantis and miner Glencore has collapsed after an agreement coul...

September 29, 2023, 8:44 am

$1 bln metals spac deal backed by glencore, automakers collapses

A $1 billion metals deal by blank-cheque fund ACG Acquisition Company has been terminated following delays when the different sides, which included a ...

September 28, 2023, 3:10 pm

Gold price forecast: xau/usd collapses below $1,900 as fears back the usd

XAU/UD pressures fresh multi-week lows and aims to extend its slump in the near term. Read Full Story at source (may require registration) The post Go...

September 27, 2023, 7:44 pm

As the kingfsher share price collapses, it is too early to buy the dip

Kingfisher (LON: KGF) share price continued its sell-off as concerns about the company continued. The stock dropped to 211p, the lowest level since No...

September 19, 2023, 10:13 am

Acelyrin stock collapses after skin drug trail failure

Acelyrin Inc (NASDAQ:SLRN) collapsed, down some 58% ahead of Tuesday's open, after the company revealed the failure of its clinical trial which attemp...

September 12, 2023, 9:08 am

Fed increasing demands for corrective actions by regional banks: report

The Federal Reserve has issued a number of private warnings to regional lenders as it seeks to tighten supervision following a spate of bank ...

August 30, 2023, 4:56 pm

Outlook therapeutics collapses as fda rejects application for eye drug

Outlook Therapeutics Inc (NASDAQ:OTLK) stock collapsed, losing some 70% of its value in premarket, after the drug discovery firm's potential treatment...

August 30, 2023, 7:16 am

3 financial stocks due for a massive short squeeze

In early spring, a sudden wave of awe-inducing bank failures rocked the U.S. financial sector. The sequential ...

August 29, 2023, 4:32 pm

Weekend - fed's mester sees another interest rate hike, says cuts may have to wait

Loretta Mester is President and CEO of Federal Reserve Bank Cleveland branch. She spoke with Reuters in an interview at the Fed's conference in Jackso...

August 27, 2023, 8:20 pm

Evergrande bankruptcy: chinese real estate sector in crisis as evergrande collapses

The country's debt crisis that's rumbled on for two years is coming to a head, with China's shadow bank sector now defaulting on payments....

August 22, 2023, 8:43 am

Hecla mining stock slides as mine shaft collapses; output takes a hit

Hecla Mining Company (NYSE:HL) shares fell 10% to $4.12 on Monday after the biggest US silver miner revealed that production and cost guidance at its ...

August 21, 2023, 12:43 pm

Crude oil collapses as china woes the us dollar strength take its toll

Crude oil prices broke lower yesterday and has underperformed today as developments out of China has risk assets on the backfoot amidst US Dollar recl...

August 16, 2023, 5:00 am

Russian ruble collapses beyond 100 per us dollar

Russian Ruble collapses Beyond 100 per US Dollar In a tumultuous turn of events in the global currency ...

August 14, 2023, 7:49 am

Upstart's stock collapses toward its worst day in over a year. why wall street is spooked.

Upstart Holdings Inc. has capitalized on Wall Street's artificial-intelligence fervor this year, but it can't shake a sluggish lending market....

August 9, 2023, 9:59 am

3 bank stocks that are a steal on the heels of the banking crisis

Financial stocks haven't enjoyed the same rally as tech stocks in 2023. Rising interest rates, a weakened consumer, and worries about a chain reaction...

August 2, 2023, 9:55 am

Bitcoin set to accelerate as a store of value in wake of bank collapses, cathie wood

ARK Invest CEO and crypto proponent Cathie Wood says that Bitcoin is set to grow massively as a store of value following the recent bank ...

July 28, 2023, 12:59 pm

Turmoil in global stocks: first half of bank crisis 2023

Turmoil in Global Stocks: First Half of Bank Crisis 2023 High-profile collapses in the bank crisis of 2...

July 4, 2023, 3:06 pm


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