Investing

BNP Paribas has proposed buying out the remaining 50 per cent stake in investment company Exane that it does not already own, a deal that would help propel the French bank into becoming one of the main equities players in Europe. The move follows BNP’s acquisition of Deutsche Bank’s electronic equities and prime brokerage businesses

China’s parliament ignored a warning from the Biden administration on Thursday by ratifying an election law that will dilute the proportion of democratically elected lawmakers in Hong Kong. The move will sharpen the two countries’ confrontation over Beijing’s repression of the territory’s pro-democracy movement only a week before Antony Blinken, secretary of state, and Jake

Best In order to compile our overall list of the best credit cards, we gathered information on more than 70 data points about every publicly available credit card we could find in the marketplace. We then weighed each of those data points, based on factors we consider the most relevant for consumers, such as rewards,

Pavlo Gonchar | LightRocket | Getty Images Retail investors are continuing to jump into the market in droves even after the dust has settled from the GameStop trading saga. The major online brokers continue to see elevated app downloads, well above levels from last year, according to JMP Securities using SimilarWeb app download data. Millennial-favored

China has told Bangladesh it will not fund coal mines and polluting power plants, as Beijing took the first tentative steps towards fulfilling its promises of sustainable Belt and Road investment. In a letter seen by the Financial Times, China’s embassy to Bangladesh informed the local Ministry of Finance that “the Chinese side shall no

Ryota Takakura was working at the Fukushima Daiichi nuclear power plant on March 11 2011, packing low-level radioactive waste into drums when the ground began to shake and then heave like a ship in a storm. The lights went out, leaving Takakura and his colleagues in pitch darkness, as the largest earthquake in recorded Japanese

Many financial advisors and academics do not recommend selling stocks and mutual funds when prices are tumbling during bear markets. If you can just hold on through thick and thin, they argue, you are likely to enjoy returns better than any other asset class over the long run. However, there are occasions when selling a mutual fund

The headquarters of the US Securities and Exchange Commission (SEC) is seen in Washington, DC, January 28, 2021. Saul Loeb | AFP | Getty Images The Securities and Exchange Commission on Wednesday issued a warning against special purpose acquisition companies backed by celebrities, urging investors to think twice before jumping in. “Celebrity involvement in a

Shares in GameStop have more than doubled this week, validating the amateur traders who held on to the video game retailer’s stock after the explosive rally at the start of this year. Shares in the company — the centre of a trading surge that shook the financial establishment in January — remain far shy of

The divisions within Spain’s struggling centre-right broke wide open on Wednesday, with the collapse of two of the country’s regional governments because of infighting between conservative and liberal coalition partners. The growing feud between the centre-right People’s party and the smaller, liberal Ciudadanos, who until Wednesday governed together in four of the country’s 17 regions,

In the digital currency mining world, the use of application specific integrated circuits (ASICs) remains a complicated issue. ASICs are chips designed for a specific use (as opposed to general-purpose computers). ASICs can be used for different purposes, such as in satellites and in the transceivers used in cell phones for wireless connectivity. Within the world of

People are seen lining up at a Covid-19 testing site at Mona Vale Hospital on Dec. 18, 2020 in Sydney, Australia. Jenny Evans | Getty Images News | Getty Images Morgan Stanley is bullish on Australia, India and Singapore. The three countries stand out among those in Asia-Pacific that have handled the coronavirus pandemic well,

European equities wavered, while government bond markets were steady, as investors held back from making strong bets ahead of US inflation data and a key Treasury auction later on Tuesday. As the US House of Representatives prepared to pass President Joe Biden’s $1.9tn economic stimulus package, which has heightened inflation expectations and piled pressure on

Japanese insurer Tokio Marine has said the insurance policies at the heart of the Greensill Capital collapse may not have been valid in the first place, as investors pressed the company to detail its exposure to the stricken lender. Tokio Marine told the Financial Times that its remaining exposure to the London-based financial group, which

Bitcoins can be earned either by mining them or receiving them as payment for providing goods or services—or by exchanging them against fiat currencies (like the U.S. dollar or the Japanese yen), or against other cryptocurrencies. Rapidly changing Bitcoin valuations have fueled a high volume of speculative trading activity around the globe. Many people who trust blockchain technology and the

When Zhang Jindong linked arms with fellow billionaire Hui Ka Yan and downed a glass of baijiu in 2017, the king of Chinese retail had much to celebrate. His Suning group had over the previous year bought Inter Milan, the prestigious Italian football club, for €270m. His streaming service, PPTV, had clinched a $700m deal to

Michael Wirth, CEO, Chevron, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galica | CNBC Chevron CEO Michael Wirth told CNBC he hasn’t spoken to Berkshire Hathaway since the firm took a stake in the oil giant, but he said the decision suggests confidence in Chevron’s long-term future. “I can’t

Shakespeare’s Globe theatre in London is preparing to welcome visitors back next month to its guided tours and workshops, in line with the second stage of the UK government’s road map out of lockdown. The open-air theatre on the south bank of the Thames aims to re-open from April 13. South Africa’s economy grew more

Tesla, Inc., formerly known as Tesla Motors, has grown since its IPO a decade ago into one of the world’s biggest producers of electric vehicles under the leadership of CEO Elon Musk. The company sells cars, SUVs, and trucks. In addition to electric vehicles, it has expanded into energy generation and storage systems. Tesla joined the S&P

Sen. Pat Toomey told CNBC on Tuesday he welcomes stock-trading apps that make investing seem more approachable, rejecting complaints by some that brokerages like Robinhood have led to the so-called “gamification” of the equity market. The Pennsylvania Republican made the comments on “Squawk Box” ahead of Tuesday morning’s Senate Banking Committee’s hearing on retail investors and

Hospitals in the occupied West Bank are quickly running out of space, with ICU capacity already at 99 percent, as a wave of coronavirus cases threatened to engulf the Palestinian health system. The sharp rise in cases contrasts with the exuberant re-opening of the Israeli economy, where 4m people – out of 6.7m adults –

Today, human beings and the livestock we rear for food make up 96 per cent of the mass of all the mammals on the planet. Moreover, 70 per cent of all the birds now alive are poultry — mostly the chickens we eat. Extinction rates are also thought to be 100 to 1,000 times higher

Amazon.com, Inc. is a global leader in e-commerce and cloud computing, and one of the largest companies in the world. Amazon is listed on the Nasdaq exchange under the ticker symbol, AMZN. The company was launched by founder Jeff Bezos in 1994 as an online bookstore, but has since ballooned into the world’s largest e-commerce company that sells virtually everything, including

What began as a clandestine Chinese espionage campaign targeting “specific individuals” via flaws in Microsoft email software has escalated into a devastating global hacking free-for-all that is claiming tens of thousands of business and public-sector victims.  The US Cybersecurity and Infrastructure Security Agency issued an alert on Twitter late on Monday urging “ALL organizations across

Bitcoin and other cryptocurrencies could eventually become part of the recommended portfolio for everyday investors, Ark Invest’s Cathie Wood said Monday. Wood, whose star as an investor rose dramatically last year thanks to the strong performance of her flagship Ark Innovation ETF, said on CNBC’s “Closing Bell” that she believes volatile cryptocurrencies will eventually resemble

UK pizza company Domino’s is planning to return £88m to shareholders through a dividend and share buyback scheme thanks to increased demand for food delivery during the pandemic. The group, which is a master franchise of Domino’s in the US, announced on Tuesday that it would pay a dividend of 9.1p a share to investors,

There are many strategies that involve the use of futures to increase returns. The majority of these strategies increase returns to your portfolio by increasing your exposure to volatility. Many of these theories are based on the efficient market theory and use a complex method of measuring volatility, correlation and excess return along with other

Tesla Chairman and CEO Elon Musk unveils the new ‘Semi’ electric Truck to buyers and journalists on November 16, 2017 in Hawthorne, California, near Los Angeles. Veronique Dupont | AFP | Getty Images SpaceX is working on an antenna that will connect vehicles like semi-trucks and RVs to its satellite internet network, CEO Elon Musk

Not one of Hong Kong’s top listed companies has achieved gender parity in the boardroom, with the Asian financial hub so far behind global peers that as many white men sit on the boards of its biggest listed groups as women of all backgrounds. A Financial Times analysis of directorship data tracked by activist investor

Business groups linked to Min Aung Hlaing’s junta are bearing the brunt of a consumer and employee boycott that is forcing foreign and local enterprises to take sides. Since Myanmar’s military seized power last month, boycott movements against brands such as Myanmar beer, made by an army-backed company in partnership with Japan’s Kirin, have proliferated,