Finance World News

Finance World News

Finance World News, is a provider of real-time market news, market analysis and market trends.

Major US Twitter accounts hacked in Bitcoin scam 16/07/2020

Major US Twitter accounts hacked in Bitcoin scam Twitter says a hacking attack on employees was to blame for one of its biggest ever security lapses.

Tesla share price is a beast that cannot be stopped: analyst 16/07/2020

Tesla share price is a beast that cannot be stopped: analyst Hold on tight because Tesla's stock surge may just be getting started, suggests one veteran analyst.

Google will invest $10 billion in India over the next few years 16/07/2020

Google will invest $10 billion in India over the next few years Google is planning to invest $10 billion in India as part of plans to make the internet "affordable and useful" for a billion people.

Oil prices ease after OPEC+ agrees to taper oil supply curbs 16/07/2020

Oil prices ease after OPEC+ agrees to taper oil supply curbs Oil prices ease after OPEC+ agrees to taper oil supply curbs

Twitter hacking spree alarms experts concerned about the platform's security 16/07/2020

Twitter hacking spree alarms experts concerned about the platform's security Twitter hacking spree alarms experts concerned about the platform's security

UK payrolls shrink by 649,000 jobs in lockdown 16/07/2020

UK payrolls shrink by 649,000 jobs in lockdown Official figures reveal a drop in the number in employment, with young people hard hit.

China says its economy grew 3.2% in the second quarter this year, rebounding from coronavirus 16/07/2020

China says its economy grew 3.2% in the second quarter this year, rebounding from coronavirus China's GDP grew 3.2% in the second quarter of 2020 compared to a year ago, beating analysts' expectations and rebounding from the first quarter's contraction.

Here’s the good news and bad news about China GDP data 16/07/2020

Here’s the good news and bad news about China GDP data China reported better-than-expected second quarter growth, bouncing back from a COVID-19 inspired rout. But Goldman and other analysts say it isn't all rosy.

Pound slips below $1.26 as risk appetite wanes 16/07/2020

Pound slips below $1.26 as risk appetite wanes LONDON - The British pound slipped on Thursday as risk aversion swept through markets, boosting the safe-haven appeal of the U.S. dollar as upbeat Chinese growth data failed to lift sentiment.

Dollar firms as weak China retail sales sound warning 16/07/2020

Dollar firms as weak China retail sales sound warning The dollar found support on Thursday as simmering Sino-U.S. tensions and weak Chinese consumption data knocked investors' faith in a fairly swift global economic recovery from the coronavirus crisis.

EMERGING MARKETS-Stocks slip on U.S.-China worries, firm dollar hits FX 16/07/2020

EMERGING MARKETS-Stocks slip on U.S.-China worries, firm dollar hits FX Emerging market stocks fell to a one-week low on Thursday as tensions between the United States and China and rising coronavirus cases around the world weighed on investor sentiment, while a stronger dollar hit risky currencies.

Stocks pause ahead of ECB meeting 16/07/2020

Stocks pause ahead of ECB meeting Traders are also reacting to better-than-expected Chinese GDP, UK unemployment figures, and looking forward to US jobless numbers later today.

Stock market news live updates: Stock futures advance after new Moderna data stokes vaccine optimism 15/07/2020

Stock market news live updates: Stock futures advance after new Moderna data stokes vaccine optimism Stock futures opened higher Tuesday evening after newly published data from Moderna fueled hopes that a vaccine providing protection against Covid-19 would be developed in the relative near-term.

Chinese EV Manufacturer Li Auto Files For Nasdaq Listing 14/07/2020

Chinese EV Manufacturer Li Auto Files For Nasdaq Listing Following in the footsteps of domestic peer Nio Inc - ADR (NYSE: NIO), another Chinese electric vehicle maker is planning to test the IPO waters in the U.S.Nio, which went public in September 2018, rallied to a record high last week.Li Auto Nasdaq-Bound: Li Auto has filed a preliminary prospectus

HK Disneyland to close one month after reopening 14/07/2020

HK Disneyland to close one month after reopening The Hong Kong theme park will shut its gates after a recent surge in coronavirus cases.

Britain faces tax rises or spending cuts, OBR warns 14/07/2020

Britain faces tax rises or spending cuts, OBR warns The Office for Budget Responsibility warns of more austerity as the economy is set to shrink 12.4% in 2020.

U.K. GDP edges up in May, leaving economy nearly a fifth below prelockdown levels 14/07/2020

U.K. GDP edges up in May, leaving economy nearly a fifth below prelockdown levels The U.K. economy in May recovered by 1.8%, only a very slight recovery.

European stocks flop on worries over California lockdown 14/07/2020

European stocks flop on worries over California lockdown European stocks slipped on Tuesday, reversing the previous day's gains on worries about the state of California shutting down.

German investor sentiment worsens slightly in July 14/07/2020

German investor sentiment worsens slightly in July Investor sentiment in Germany worsened somewhat in July, the ZEW economic research institute said on Tuesday, adding that experts expected to see modest economic expansion in the second half of this year.

China shares end lower as investors book profits, uncertainty looms 14/07/2020

China shares end lower as investors book profits, uncertainty looms * SSEC -0.83%, up from intraday lows; CSI300 -0.95%

Dollar decline resumes as investors look to economic data, earnings 13/07/2020

Dollar decline resumes as investors look to economic data, earnings The U.S. dollar edged lower on Monday as investors looked to incoming global economic data and U.S. corporate earnings to gauge whether the markets' guarded optimism on the economic outlook is justified.

Ubisoft shares slump 6% after staff shakeup due to misconduct probe 13/07/2020

Ubisoft shares slump 6% after staff shakeup due to misconduct probe Shares of French videogames maker Ubisoft Entertainment undefined lost 6% in early Paris trade after the company announced a shakeup due to allegations of...

‘The beginning of a horror movie’? Disney World slammed as doors reopen amid spiking coronavirus cases 13/07/2020

‘The beginning of a horror movie’? Disney World slammed as doors reopen amid spiking coronavirus cases Florida on Sunday just broke the national record Sunday for the biggest single-day increase in positive coronavirus cases in any state since the beginning of...

Oil producers expected to increase crude output 13/07/2020

Oil producers expected to increase crude output Opec ministers are meeting this week amid signs of growing energy demand as coronavirus lockdowns ease.

Alibaba's Jack Ma sells $9.6B worth of shares, stake dips to 4.8% 13/07/2020

Alibaba's Jack Ma sells $9.6B worth of shares, stake dips to 4.8% Ma retired as the Chinese e-commerce company's executive chairman in September

German economy has passed low point - ministry 13/07/2020

German economy has passed low point - ministry Germany's economy has passed its lowest point and the recovery process is starting, the economy ministry said on Monday.

Stocks rise as third quarter earnings season begins 13/07/2020

Stocks rise as third quarter earnings season begins JP Morgan, Bank of America, Wells Fargo, Goldman Sachs, BNY Mellon and Citigroup all deliver third quarter results this week.

Tesla slashes Model Y SUV price as pandemic weighs on auto sector By Reuters 12/07/2020

Tesla slashes Model Y SUV price as pandemic weighs on auto sector By Reuters Tesla slashes Model Y SUV price as pandemic weighs on auto sector

Microsoft's stock set to open in record territory after Wedbush's Ives raises target to the highest on the Street 12/07/2020

Microsoft's stock set to open in record territory after Wedbush's Ives raises target to the highest on the Street Shares of Microsoft Corp. undefined rose 0.8% in premarket trading, which would put the on track to open in record territory, after Wedbush analyst Dan Ives...

Elon Musk's net worth zooms past Warren Buffett's, Bloomberg reports 12/07/2020

Elon Musk's net worth zooms past Warren Buffett's, Bloomberg reports Elon Musk's net worth soared past Warren Buffett on Friday as the chief executive officer of Tesla Inc became the seventh richest person in the world, according to the Bloomberg Billionaires Index.

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