Markets’ dove-coloured glasses
Big Tech companies reported earnings lacklustre yesterday, equities markets ended Thursday higher despite central banks tightening monetary policy, and US job growth is expected to have slowed for the...
3 Feb 202310min
Federal Reserve slows pace of rate rises
The US Federal Reserve increased its benchmark interest rate by a quarter of a percentage point on Wednesday, Adani Enterprises called off its $2.4bn equity fundraising, and banks that lost billions f...
2 Feb 20239min
Do meme 'stonks' still stink?
Hundreds of thousands of UK public sector workers set to walk out on Wednesday in co-ordinated action, the EU is set to unveil a draft plan today that loosens the rules around clean energy subsidies. ...
1 Feb 20239min
Renault and Nissan reach a deal to save alliance
The International Monetary Fund says that global economic growth has proven “surprisingly resilient” in its latest forecast, Renault and Nissan reached a deal to save their 24-year-old alliance and so...
31 Jan 202311min
Nelson Peltz versus Disney
India’s Adani Group has published an angry rebuttal of allegations of wrongdoing by short seller Hindenburg Research that wiped more than $50bn from its value last week, central banks prepare to lift ...
30 Jan 20239min
Nigeria’s $11bn court challenge
UK chancellor Jeremy Hunt will on Friday take on rightwing Tory MPs by rejecting calls for big tax cuts in his Budget, Brazil and Argentina’s leftwing leaders push ahead with common currency plan desp...
27 Jan 202310min
Tesla sees a bumpy road ahead
Tesla reported record revenues last quarter, the Bank of Canada signalled it would pause interest rate rises, and trillions of dollars each day are gushing into a US Federal Reserve facility designed ...
26 Jan 202310min
Microsoft cloud business holds up
Growth in Microsoft’s cloud computing business slowed further in the latest quarter but still did better than the software company and many analysts had predicted, the Qatar Investment Authority has d...
25 Jan 20238min
