31 March

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S&P 500 on Cusp of Historic 4,000 Level as Tech Leads Advance By Investing.com

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By Yasin Ebrahim Investing.com – The S&P 500 hit a record high on Wednesday, led by a jump in growth stocks as investors swooped in to take advantage of beaten down tech stocks as U.S. bond yields trickled lower. The S&P 500 rose 0.89% to hitting a record high of 3,994.03, the Dow Jones Industrial Average rose 0.20%, or 65 points, the Nasdaq...

31 March

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Explainer: Why is there a global chip shortage and why should you care? By Reuters

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(Reuters) - From delayed car deliveries to a supply shortfall in home appliances to costlier smartphones, businesses and consumers across the globe are facing the brunt of an unprecedented shortage in semiconductor microchips. The shortage stems from a confluence of factors as carmakers, which shut plants during the COVID-19 pandemic last year, compete against the sprawling consumer electronics industry for chip...

31 March

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Sterling rises as Britain gets ready for April re-opening By Reuters

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By Joice Alves LONDON (Reuters) - Sterling rose against the dollar and the euro on Wednesday as traders looked past economic data in Britain and focused on a planned April re-opening of shops in England. Data showed that Britain's economy grew faster than previously thought in the final three months of last year, with gross domestic product rising 1.3% from the previous...

31 March

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UK says not looking to postpone COP26 climate summit By Reuters

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LONDON (Reuters) - Britain said on Wednesday it was not looking to postpone the United Nations' Climate Change Conference, known as COP26, but was exploring what different COVID-19 scenarios might mean for the summit. "We are not looking to postpone the summit," a spokesman for the government said. "We are working on the basis of COP26 being held in person this November,...

31 March

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UK not looking to postpone COP26 climate summit – government spokesperson By Reuters

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By William James LONDON (Reuters) -Britain is not planning to postpone the United Nations' Climate Change Conference, known as COP26, a government spokesperson said on Wednesday, responding to a Sky News report that the summit could be cancelled or radically changed. The November summit in Glasgow, Scotland, was originally due to be held in 2020, but had to be postponed due to...

31 March

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Goldman to offer investments in digital assets for wealth management clients By Reuters

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(Reuters) - Goldman Sachs Group Inc (NYSE:GS) plans to offer investments in bitcoin and other digital assets to its wealth management clients from the second quarter, the latest top-tier company to move into the cryptocurrency space. Firms including Tesla Inc, BNY Mellon Corp and Square Inc (NYSE:SQ) have recently announced they are betting on bitcoin, as the wider...

31 March

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Butterfly Network Extends Losses For Second Day As Earnings Disappoint By Investing.com

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By Dhirendra Tripathi Investing.com – Butterfly Network, Inc (NYSE:BFLY)'s disappointing earnings weighed on its shares for the second straight day, falling 3% on Wednesday. The quarterly net loss widened to $162.74 million from $99.69 million the previous year even as revenue grew 68% to $46.25 million. This was mostly because of total operating expenses rising 23% year-on-year to $100.39 million. Higher sales and...

31 March

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U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 0.84% By Investing.com

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Investing.com – U.K. equities were lower at the close on Wednesday, as losses in the Oil & Gas Producers, Life Insurance/Assurance and Aerospace & Defense sectors propelled shares lower. At the close in London, the Investing.com United Kingdom 100 declined 0.84%. The biggest gainers of the session on the Investing.com United Kingdom 100 were Bank VTB PAO DRC (LON:VTBRq), which rose...

31 March

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UK trade minister tells G7: We must stop fragmentation of global trade By Reuters

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LONDON (Reuters) - British trade minister Liz Truss told a meeting of G7 counterparts that they must work more closely to stop a fragmentation of global trade that would lead to trouble, a UK official said on Wednesday. "(Truss) said to the group that she thinks we're at a critical juncture in global trade," the official said. "We need to...

31 March

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Hedge fund fallout wipes over $9 billion from market value of Credit Suisse, Nomura By Reuters

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By Karin Strohecker LONDON (Reuters) - Shares in Nomura and Credit Suisse (SIX:CSGN) fell further on Wednesday, with a collective $9 billion wiped off their market value so far this week as the banks braced for big losses from the blow-up of U.S.-based hedge fund Archegos Capital. Credit Suisse and Nomura...

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S&P 500 on Cusp of Historic 4,000 Level as Tech Leads Advance By Investing.com

Explainer: Why is there a global chip shortage and why should you care? By Reuters

Sterling rises as Britain gets ready for April re-opening By Reuters

UK says not looking to postpone COP26 climate summit By Reuters

UK not looking to postpone COP26 climate summit – government spokesperson By Reuters

Goldman to offer investments in digital assets for wealth management clients By Reuters

Butterfly Network Extends Losses For Second Day As Earnings Disappoint By Investing.com

U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 0.84% By Investing.com

UK trade minister tells G7: We must stop fragmentation of global trade By Reuters

Hedge fund fallout wipes over $9 billion from market value of Credit Suisse, Nomura By Reuters

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