A new $750 million special purpose acquisition company, or SPAC, is listing on the Nasdaq Wednesday with the goal of buying a global fintech company.
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HSBC launches new funds targeting niche ’natural capital‘ industry, hoping to take it mainstream
The new venture is aiming to make ’natural capital‘ its own asset.
Stocks making the biggest moves in the premarket: Dick’s Sporting Goods, Apple, Salesforce & more
The stocks making the biggest moves in premarket trading include Dick’s Sporting Goods, Apple, Salesforce, and more.
Fed’s Esther George sees risks building of double-dip recession
The central bank official told CNBC the resurgence of Covid-19 „is an important risk to that outlook.“
Trump ban on WeChat would hit U.S. business revenues, survey says
The White House’s executive order on messaging app WeChat would have a significant negative impact on revenues for companies in China subject to U.S. jurisdiction, according to a survey released Wednesday by the American Chamber of Commerce in Shanghai.
Dick’s Sporting Goods crushes Wall Street estimates as online sales surge 194%, shares soar
Dick’s Sporting Goods reported eye-popping quarterly earnings and sales growth as consumers flocked to its website for hiking gear, kayaks, weights and workout clothes to stay busy during the coronavirus crisis.
Salesforce soars on big earnings beat
An adjustment to reflect a gain on investments helped Salesforce beat expectations, a day after the announcement that Salesforce would join the Dow Jones Industrial Average.
Nordstrom’s sales fall 53% as department store chain suffers store closures amid pandemic
Nordstrom said Tuesday its net sales fell 53% during the second quarter, as its stores took a hit from being temporarily closed during the coronavirus pandemic.
Laura strengthens into Category 3 major hurricane
NHC with the latest on Hurricane Laura
Saying that it has strengthened into a major hurricane i.e. Category 3 now, adding that it is rapidly evolving into a catastrophic storm i.e. Category 4. The winds are anticipated to peak at around 130 mph and is expected to make landfall – currently swirling in the gulf of
Saying that it has strengthened into a major hurricane i.e. Category 3 now, adding that it is rapidly evolving into a catastrophic storm i.e. Category 4. The winds are anticipated to peak at around 130 mph and is expected to make landfall – currently swirling in the gulf of
ForexLive European FX news wrap: Dollar mixed in more quiet trading
Forex news from the European trading session – 26 August 2020
Headlines:
Markets:
– NZD leads, EUR lags on the day
– European equities mixed; E-minis flat
– US 10-year yields up 3 bps to 0.714%
Headlines:
Markets:
– NZD leads, EUR lags on the day
– European equities mixed; E-minis flat
– US 10-year yields up 3 bps to 0.714%