Buy now, pay later firm Klarna reports first quarterly profit in four years
Swing to profit of £9.6m by Swedish firm improves its fortunes in run-up to possible £12bn flotation The buy now, pay later company Klarna has...
Category : Stock markets
Birkenstock shares fall 12.6% after landing on the US stock market
Shoemaker lands on NYSE with $7.5bn valuation as investors bet there was less mileage in consumer demand for its sandals Shares in Birkenstock fell 12.6%...
Ørsted shares fall 25% after it reveals troubles in US business
Almost £7bn wiped off value of world’s largest offshore wind company over possible £1.8bn write-down Shares in the world’s largest offshore wind company have tumbled...
UK basic wage growth hits record high; Russia’s central bank lifts rates to 12% – business live
UK regular pay growth highest since 2001 while unemployment rate rises unexpectedly; rouble recovers afters Bank of Russia raises rates at extraordinary meeting The statement...
European bank shares fall as market jitters return
Deutsche Bank and UBS among those hit, while FTSE 100 dragged down Business live updates: banking sell-off intensifies A sharp sell-off of European banking shares...
Credit Suisse shares continue to slide; US banks join forces to rescue First Republic – business live
European shares turn negative and Credit Suisse shares fall nearly 9% as sentiment remains fragile Friday briefing: How to understand Credit Suisse, Silicon Valley Bank...
Silicon Valley Bank: global banking shares slide as fallout spreads
Stock markets fail to be reassured by Joe Biden’s intervention, as SVB failure is followed by Signature HSBC to buy Silicon Valley Bank UK for...
Silicon Valley Bank fails in largest bank collapse since 2008 crisis
US regulators seize SVB’s assets after a run on the bank, as global institutions monitor situation closely Why did Silicon Valley Bank fail? US regulators...
UK high streets suffer from Omicron concerns; Davos summit postponed – as it happened
Rolling live coverage of business, economics and financial markets as stock markets dip in response to restrictions to prevent spread of new coronavirus variant FTSE...
