Categories
Markets

Markets live, Thursday May 12, 2022

Westfield shopping centers have come back to life in the post COVID-19 world as consumers are seemingly flocking back to spend saved up cash on fashion, jewellery, technology and appliances and the ubiquitous leisure gear. Scentre, which owns the Westfield malls across Australia and New Zealand, said in the March quarter update that visitation is […]

Categories
Markets

BusinessNews | Stock and Share Market News | FinanceNews

Search Quotes, News, Mutual Fund NAVs Adani Wilmar INE699H01024, STL, 543458 Tata Motors INE155A01022, TATAMOTORS, 500570 Indiabulls Hsg INE148I01020, IBULHSGFIN, 535789 Adani Power INE814H01011, ADANIPOWER, 533096 Tata Power INE245A01021, TATAPOWER, 500400 […]

Categories
Markets

Investors digest US inflation data for April

LONDON — European stocks are expected to fall sharply at the open as global markets digest the latest inflation reading out of the United States. The reading has sparked concerns that a path of aggressive rate hiking lies ahead. The UK’s FTSE index is seen opening 88 points lower at 7,251, Germany’s DAX 216 points […]

Categories
Markets

Xero Users Feel Impact of Tight Labor Markets — Interview

By Stuart Condie SYDNEY–Cloud-accounting software provider Xero Ltd.’s users are more concerned about a shortage of skilled labor than inflation or rising interest rates, Chief Executive Steve Vamos said. New Zealand-based Xero increased staff by 31% over the 12 months through March but its employee costs rose by 34% against the backdrop of what it […]

Categories
Markets

The cryptocurrency market is experiencing an unprecedented crash

The cryptocurrency market has crashed this week, with Bitcoin hovering between $US28,000 and $US30,000 in the last two days—less than half the value of the all-time peak it hit in November—and Ethereum just over $US2, 000, which is likewise less than half the value of its November peak. A significant portion of the blame is […]

Categories
Markets

OTC Markets Group Designates Fearnley Securities as an OTCQX Sponsor

NEW YORK, May 12, 2022 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 12,000 US and global securities, announced that Fearnley Securities, a leading independent full-service investment bank with offices in Oslo and New York, has been designated as an OTCQX sponsor. Fearnley Securities is approved by OTC Markets […]

Categories
Markets

Investors digest US inflation data for April

LONDON — European stocks are expected to fall sharply at the open as global markets digest the latest inflation reading out of the United States. The reading has sparked concerns that a path of aggressive rate hiking lies ahead. The UK’s FTSE index is seen opening 88 points lower at 7,251, Germany’s DAX 216 points […]

Categories
Markets

Live news: Asia-Pacific markets reverse gains to fall on rate rise fears

US stocks summarized their slide on Wednesday after unexpectedly hot “core” inflation data raised expectations for aggressive policy tightening, pushing the tech-heavy Nasdaq Composite down nearly 30 per cent from its record high. Growth stocks that are regarded as particularly sensitive to rising rates led to declines, with the Nasdaq falling 3.2 per cent. The […]

Categories
Markets

Hot Job Market, Strong Demand for CFOs Strain Due Diligence

The sudden exit of Moderna Inc.’s newly hired chief financial officer shines a light on the challenges companies and recruiters are facing in a tight job market, in which candidates often have more than one competing offer, forcing hiring managers to make quick decisions. Jorge Gomez, who on Monday started as Moderna’s CFO, departed on […]

Categories
Markets

Major Manufacturers, Competitive Landscape, Regional Analysis, Growth, Share, Size, Revenue, Challenges, Opportunities

Absolute Reports Pvt Ltd Manufactures – ArcelorMittal, Baowu Group, ThyssenKrupp, POSCO, Nippon Steel, Hyundai Steel, JSW Steel Pune, May 12, 2022 (GLOBE NEWSWIRE) — “Galvanized Steel Market 2022” report provides comprehensive insights about top companies and main competitors in Galvanized steel. Report covers the segmentation, including applications and product type, regions. This report provides a […]