Saturday, April 20, 2019
  Aston Martin shares tumbled on their trading debut as investors balked at a sale price that put the U.K. carmaker on a par with larger and more profitable Italian competitor Ferrari NV. The stock fell as much as 6.6...
Crypto fever has truly broken. That was a big takeaway this week from the Paris Fintech Forum, one of the biggest annual gatherings of its kind in Europe. On Tuesday and Wednesday, about 3,000 entrepreneurs, investors, bankers, and regulators descended...
Online sales were 23% higher in the three months to December. However, that was less than half the growth recorded in the previous quarter and lower than in the same period of 2016. Shares in the world's largest retailer fell just...
Soros Fund Management has reduced most of its macro wagers, moving away from the strategy that made George Soros a billionaire -- and inspired a generation of traders who looked to profit from big moves in currency, bond and...
The EU has condemned US plans for tough tariffs on steel and aluminium imports, saying they jeopardise European jobs. EU trade commissioner Cecilia Malmstrom set out plans to retaliate against the proposed US tariffs. These include higher import duties on bourbon,...
No-frills carrier easyJet has reported a rise in bookings for summer 2019, despite consumer jitters over the outcome of Brexit. At a time when high street sales are stalling in the run-up to 29 March, the airline used its annual...
Retail sales are falling sharply. Industrial production is slumping. Construction is sluggish and the government is weak and clueless with little idea of how to respond to falling demand. No, don’t worry, you haven’t accidentally stumbled across a hardcore...
This week sees the long-awaited opening up of the Chinese equity market to global investors. From Friday, a group of Chinese A-shares – locally-listed stocks that until now have been broadly off-limits to foreign investors – will be included...

Detroit-Windsor crossing

For Matt Marchand, the border between Canada and America never meant that much. Born and raised in Windsor, Canada’s most southern city, the lights of Detroit could be seen just across the river. Despite the two cities being in different countries and separated by half...
Including bonuses, the average salary in New York City's securities industry jumped by 13% to $422,500 in 2017, according to a report  from New York State Comptroller Thomas DiNapoli. That's the highest figure since 2008 and the third-highest on record, once...

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