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MARKETS

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WeWork tries to go public again, this time through special-purpose acquisition

Digital Desk -
WeWork is to go public in a merger with a special-purpose acquisition company, according to reports, nearly two years after its attempted initial public...
BUSINESS

Microsoft posts $15.5bn second-quarter profit

Digital Desk -
Microsoft has beaten Wall Street expectations for the last three months of 2020 despite the pandemic raging through the US. The figures were powered by...
MARKETS

Michael Burry is adding to his Tesla Short

Digital Desk -
Popular investor Michael Burry, is adding to his list of stocks he will short and Tesla just made the list. Tesla short sellers have consistently...
MARKETS

Marijuana industry soars as Democrats lead in Georgia

Digital Desk -
The marijuana industry is booming as the Georgia Senate Runoff election is underway, and the results lean towards the Democrats. Stock leaders such as Tilray...
MARKETS

China threatens retaliation over NYSE delisting of companies

Digital Desk -
The Chinese government has said it would take necessary counter-measures in response to the New York Stock Exchange’s announcement that it would delist three...
BUSINESS

FTSE 100 reaches highest level since March crash

Digital Desk -
Traders cheered on as the FTSE 100 reaches a 9-month high after the Brexit UK-EU deal passed. London’s top index was 2.3 per cent, or...
MARKETS

Asian shares drop on talk of US-China sanctions

Digital Desk -
Shares were mostly lower in Asia on Monday following a report that the US is preparing to slap sanctions on a dozen more Chinese...
MARKETS

S&P Global in deal to buy IHS Markit

Digital Desk -
S&P Global is buying IHS Markit in a 44 billion US dollar (£32.9 billion) all-stock deal that brings together two of the largest data...
BUSINESS

Tesla shares rebounding following biggest one-session plunge

Digital Desk -
Shares of Tesla jumped 5 per cent today, winning back gains for a second day after suffering their worst one-session rout ever earlier this...
BUSINESS

Asian and Pacific markets hit by US technology sell-off

Digital Desk -
Markets fell in Asia on Wednesday after a sell-off of big technology stocks on Wall Street hit the US indices. News of AstraZeneca pausing its...
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