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MARKETS

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...
MARKETS

Tech slump sends stock market to its biggest loss since June

Digital Desk -
Wall Street’s euphoria took a break on Thursday, as steep losses in technology stocks dragged the rest of the market down with them. The S&P...
BUSINESS

Tesla announces plans to sell up to five billion dollars of new stock shares

Digital Desk -
Tesla has announced plans to sell up to five billion dollars worth of common shares, a day after its five-for-one stock split took effect. The...
BUSINESS

Zoom rides pandemic to another quarter of explosive growth

Digital Desk -
A surge in paying customers has enabled videoconferencing firm Zoom to hail another quarter of explosive growth. On Monday, the company reported that its...
BLOGS

S&P 500 closes at a record to erase last of pandemic losses

Digital Desk -
Wall Street clawed back the last of the historic, frenzied losses unleashed by the new coronavirus, as the S&P 500 closed at an all-time...
BUSINESS

Uncertainty pushes gold price to new record high

Digital Desk -
The price of gold has surged to a record 1,926.20 US dollars (£1,502.44) per ounce as investors moved money into an asset seen as...
BUSINESS

London Stock Exchange chief named to post regulating UK banks

Digital Desk -
Nikhil Rathi has been appointed the next chief executive of the Financial Conduct Authority (FCA), responsible for regulating the UK’s banks. He was unveiled by...
FINANCE

EasyJet and Carnival poised to exit FTSE 100 as virus hammers travel firms

Digital Desk -
Budget airline easyJet and cruise operator Carnival are set to tumble out of the FTSE 100 after being battered by travel restrictions during the...
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