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World’s billionaires see $134 billion wiped from their fortunes overnight in stock bloodbath
Success

World’s billionaires see $134 billion wiped from their fortunes overnight in stock bloodbath

By
August 5, 2024
Tufan Erginbilgic, chief executive officer of downstream at BP Plc, speaks during the 2019 CERAWeek by IHS Markit conference in Houston, Texas, U.S., on Tuesday, March 12, 2019. The program provides comprehensive insight into the global and regional energy future by addressing key issues from markets and geopolitics to technology, project costs, energy and the environment, finance, operational excellence and cyber risks. Photographer: F. Carter Smith/Bloomberg via Getty Images
Finance

Resilience returns: Rolls-Royce shares surge to a record as new CEO’s fiscal discipline pays dividends

By Benedikt Kammel and Bloomberg
August 1, 2024
Nvidia founder Jensen Huang
Tech

Relief rally in Nvidia cannot hide likelihood stock has entered bear market territory after losing nearly $800 billion

By
July 31, 2024
Sergey Brin is using money from selling his Tesla shares to bankroll a startup developing hallucinogenic mental-health treatments
Health

Sergey Brin is using money from selling his Tesla shares to bankroll a startup developing hallucinogenic mental-health treatments

By
July 23, 2024
Jeremy Siegel, Professor of Finance at the Wharton School
Finance

FOMO still ‘ruling the market,’ says Wharton’s Jeremy Siegel, as investors hold out for an elusive rate cut to boost prospects

By
June 18, 2024
Traders in GameStop
Retail

Roaring Kitty sends a hidden message to GameStop CEO Ryan Cohen by raising stake to 9 million shares

By
June 14, 2024
City of London financial district with Royal Exchange building, London, England, UK
Finance

Hedge funds are paying for ‘literally insane’ shorting of U.K. stocks as takeovers revive London valuations

By
June 4, 2024
Sir Richard Branson attends the presentation of Virgin Fiber.
Success

Sir Richard Branson—who hates being called a billionaire—sees net worth fall back to $3 billion, where it was in 2000

By
May 17, 2024
A NatWest Group Plc bank branch in the City of London, UK,
Finance

High interest rates aren’t helping banks as they did before—just ask NatWest, whose profits fell 27% in the first quarter

By William Shaw and Bloomberg
April 26, 2024
Pascal Soriot, CEO of AstraZeneca. Under Soriot, Astra has invested heavily in cancer drugs.
Retail

AstraZeneca encounters a surge in shares as profits exceed expectations, buoyed by demand for cancer drugs

By Ashleigh Furlong and Bloomberg
April 25, 2024
Ije Nwokorie
Retail

Dr Martens appoints former Apple senior director as CEO; amid bleak earnings

By Chloé Meley and Bloomberg
April 16, 2024
Chinese cement company’s shares mysteriously lose 99% of their value in just 15 minutes
Finance

Chinese cement company’s shares mysteriously lose 99% of their value in just 15 minutes

By
April 10, 2024
Shoppers and visitors out on Oxford Street pass newly opened store Reserved.
Retail

Polish retailer LPP faces a $2 billion wipeout after Hindenburg alleges its products were ‘somehow making their way into Russia’

By Konrad Krasuski and Bloomberg
March 15, 2024
Stock traders from various companies work in five circular and one semi-circular trading floor at the Frankfurt Stock Exchange.
Finance

Meet Europe’s answer to the ‘Magnificent 7’—the high-flying ‘Granolas’ that Goldman Sachs is betting will prosper in the continent’s flatlining economy

By
March 3, 2024
BP manager’s husband pleads guilty to insider trading after eavesdropping on his wife’s conversations while they both worked from home
Finance

BP manager’s husband pleads guilty to insider trading after eavesdropping on his wife’s conversations while they both worked from home

By
February 23, 2024

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