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IMF to intensify focus on economic impact of climate change, Georgieva By Reuters

By Andrea Shalal WASHINGTON (Reuters) - The International Monetary Fund views climate change as a fundamental risk to economic and financial stability, its chief said on Monday, mapping out the IMF's plans to help focus investments in green technologies that will boost global growth. IMF Managing Director Kristalina Georgieva told the Climate Adaptation Summit that global economic output could expand by 0.7%...

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Time to pause? Wall St grows wary of some stock bubbles By Reuters

By Thyagaraju Adinarayan LONDON (Reuters) - Wall Street is abuzz about stock market bubbles as surges in the share prices of some loss-making firms, red-hot public markets and amateur investors chasing stocks at frothy valuations spark fears of a pullback. A flood of money supply, ultra-low or zero interest rates and COVID-19 vaccine rollouts have sparked a 'buy everything' rally, helping world...

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Wall Street Opens Mixed in Febrile Atmosphere; Dow Down 175 Pts By Investing.com

By Geoffrey Smith  Investing.com -- U.S. stock markets opened mixed on Monday in febrile mood, with signs of increasing investor mania in a handful of stocks while the broader market cooled off amid fears that U.S. and global growth estimates may have to be revised down due to lingering pandemic effects.  By 9:55 AM ET (1435 GMT), the Dow Jones Industrial Average was...

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U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 0.98% By Investing.com

Investing.com – U.K. equities were lower at the close on Monday, as losses in the Travel & Leisure, Oil & Gas Producers and Construction & Materials sectors propelled shares lower. At the close in London, the Investing.com United Kingdom 100 lost 0.98%. The biggest gainers of the session on the Investing.com United Kingdom 100 were Reckitt Benckiser Group PLC...

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GameStop Halted After Dizzying Rise in Volatile Trading By Investing.com

Investing.com -- GameStop Corp (NYSE:GME) soared 65% on Monday, and the shares were intermittently halted in volatile Monday morning trading, marking a dizzying and perplexing ride higher. Shares of the video game retailer have doubled in a week. It is the most heavily shorted stock in the U.S, with more than 138% of its shares sold short, according to...

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No cliff-edge stop to euro zone fiscal stimulus seen – Eurogroup head By Reuters

BRUSSELS (Reuters) - There will be no abrupt ending of fiscal support to euro zone economies, but only a gradual shift to helping investment and reforms as the COVID pandemic gets under control, the chairman of euro zone finance ministers Paschal Donohoe said on Monday. Euro zone public debt has risen sharply over 2020 and is likely to exceed 100% of GDP...

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