Mortgage Rates Plunge Below 4%
A new mortgage price war has erupted among some of the UK’s largest lenders, driving headline fixed rates below the critical 4% threshold.
Key Players and Offers
HSBC: Premier banking customers can ...
Unleashing AI Potential
In a strategic move reflecting the AI computing trend, SoftBank's Arm is gearing up for a substantial US initial public offering (IPO).
Leading financial institutions, including Barclays, Goldman Sac...
Company shares on the New York Stock Exchange
Shares in taxi service Didi Global Inc ADR (NYSE:DIDI) plummeted 20% on the New York Stock Exchange premarket after Chinese authorities blocked the company's ability to get new customers and ordered mobi...
Dividends and shares
The US banking sector and Wall Street as a whole received a positive signal after stress tests conducted by the Fed for 23 major US banks showed better capitalisation results than required by the ce...
Barclays revenue and earnings
Barclays Plc (LON:BARC) posted net profit of 1.704 billion pounds ($2.37 billion) in January-March, up from 605 million pounds a year earlier, the British bank said in a press release. Thus, organization's qua...
New funding round
Stripe, the international payment processing company, has raised $600m in funding and has a market valuation of around $95bn. higher than the valuation of Facebook or Uber on the eve of their IPOs. Stripe's millions of customers in...
Oracle's report and forecasts
Oracle shares fell on Wednesday after the close of trading as the company gave a fourth-quarter outlook below analysts' expectations. However, Oracle's revenue and profit growth accelerated in the third quarter and the ...
Record inflows of $11.6bn emerging markets
Emerging market equities lost almost 3% on Friday following a jump in US government bond yields and could show their biggest weekly decline since March 2020. The South African rand gained 1% thanks to a ral...
Vaccine approval has impacted on stock rally
The European stock market rallied on Wednesday as Britain approved a COVID-19 vaccine developed jointly by AstraZeneca (LON:AZN) and Oxford University, while bets on addition...
Great prospects
FedEx plans to hire 70,000 temporary workers for the holiday season and also intends to purchase the e-commerce platform ShopRunner, which may partially offset the loss of a customer like Amazon.
Shares of the largest U.S. logistics...
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