Markets

Stocks trade higher, shrugging off AstraZeneca vaccine concerns, while traders take profit in oil and Bitcoin

European shares rose but caution prevailed after hitch in AstraZeneca’s COVID-19 vaccine trial. Bitcoin hits profit-taking after massive rally this week – a fall below $US16,000 risks “FOMO destruction,” one analyst said. Oil eases below this week’s high as wariness over the demand outlook resurfaces. Visit Business Insider’s homepage for […]
Stocks trade higher, shrugging off AstraZeneca vaccine concerns, while traders take profit in oil and Bitcoin
Markets

Here’s how Wirecard went from analyst darling to a $2.2 billion accounting scandal — and cost SoftBank hundreds of millions in the process

Wirecard, one of Europe’s leading financial technology companies, is at the heart of one the region’s biggest corporate accounting scandals in recent years. The company’s shares have plunged over 80% ever since it admitted auditors could not trace €1.9 billion in its financial accounts. Last week the firm’s chief executive […]
Here’s how Wirecard went from analyst darling to a $2.2 billion accounting scandal — and cost SoftBank hundreds of millions in the process
News

European stock markets are rebounding

FTSE 100, DAX, and the Euro Stoxx 50 are all up over 1% on Monday morning. Futures markets are also predicting a positive open in the US. Bounceback follows a sell-off in global markets last week. LONDON – European stock markets started the week on the front foot, rallying strongly […]
European stock markets are rebounding
News

European stocks are tumbling as the global market sell-off resumes

Global market sell-off resumed in the USA on Thursday, with US stocks entering a technical correction. That sell-off moved to Asia overnight, with China’s benchmark Shanghai Composite falling 4%. Early on Friday, European stocks avoided the sell-off, but as the day progressed losses increased. LONDON – European equities are seeing […]
European stocks are tumbling as the global market sell-off resumes