Markets
1274 posts
Big investors increase cash holdings to highest levels since 9/11 attack
Cash holdings among global fund managers have risen to their highest level since the 9/11 terrorist attacks in the US in a shift that reflects large investors’ worries about the…
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European shares struggle for direction after Wall Street rally overnight
European equities were muted on Wednesday, as a bounce for global stock markets failed to carry over into a second trading session. The regional Stoxx 600 share index struggled for…
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T Rowe Price to target rising rates with planned bond ETF
Latest news on ETFs Visit our ETF Hub to find out more and to explore our in-depth data and comparison tools T Rowe Price plans to add strategies to its…
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UK trading firm XTX consolidates market position with record profits
XTX Markets made a record profit last year, solidifying the UK trading firm’s position at the heart of financial markets and generating a multimillion pound payout for owner Alexander Gerko.…
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Divest fossil fuels — the time for engagement is over
The environmental dilemmas facing asset managers were exposed last week, when the world’s largest player BlackRock announced it would be supporting relatively few shareholder resolutions on climate this year. On…
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UK regulators struggle to recruit staff to deliver post-Brexit functions
Three key UK regulators are struggling to recruit and train enough staff to implement the government’s promise to deliver Brexit benefits, a report by the spending watchdog has found. The…
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EU prepares to sell more carbon permits to pay for exit from Russian gas
Brussels wants to raise €20bn to fund the EU’s exit from Russian energy by selling surplus carbon emissions permits — a move that risks hitting the bloc’s climate goals by…
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Mastercard launches controversial ‘wave to pay’ programme
Mastercard is launching a controversial biometric payments programme in stores, as the card company tries to keep pace with nimble fintechs and bigger competitors such as Amazon. Retailers that sign…
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Saudi Aramco: crude colossus takes the crown
If BP is a cash machine, as it has claimed, Saudi Aramco is a high-capacity printer of banknotes. First-quarter net income rose 82 per cent to $39.5bn from a year…
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Coinbase slows hiring as chill in crypto markets hits exchange
Coinbase is slowing its hiring plans in the latest sign that a sharp pullback in the trading of digital tokens such as bitcoin is exacting a heavy toll on the…
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