The bad news? Investment scams are soaring. The good news? You can protect yourself by taking five precautionary steps that we spell out.
Black Friday can be an important day for consumer products companies like Apple (NASDAQ: AAPL), but investors aren't feeling good about its stock today. Apple shares were down 2% as of 12:45 p.m. ET on this holiday-shortened trading day. Investors are likely down on the stock because of a situation that's somewhat out of Apple's control.
Stock futures edge higher, dollar extends retreat; Apple slips amid reports of more disruption at iPhone factory in China; Activision slumps on concerns over FTC challenge to Microsoft deal; Ford edges lower after recalling 634,000 SUVs and Black Friday expected to see millions return to brick-and-mortar shopping.
The soccer club said earlier this week that it is exploring strategic alternatives, including a potential sale.
PARIS (Reuters) -CMA CGM said it expects a pullback in shipping markets to accelerate in the fourth quarter due to high energy prices and flagging consumer spending, and this will reduce its profitability following an earnings surge in the past year. French-based CMA CGM, one of the world's largest container lines, reported on Friday a net profit of $7.0 billion for the third quarter, up from $5.6 billion in the year-earlier period. However, the net profit was down from $7.6 billion in the previous quarter, while core earnings also fell slightly from the second quarter, with CMA CGM noting an easing in spot freight rates as shipping demand softened.
Rahul Mody, Managing Director and Co-Head of Investment Banking at Ambit discusses opportunities in Indian infrastructure. He speaks with Rishaad Salamat and Haslinda Amin on "Bloomberg Markets Asia".
It remained unclear whether the Frasers Group has purchased the brand's Greater China operations and licensing agreements.
(Bloomberg) -- Meituan posted a 28% surge in revenue, affirming resilient demand in China for takeaway from people confined to home during the pandemic.Most Read from BloombergTiantian Kullander, Co-Founder of Crypto Firm Amber, Dies at 30A Rival’s Misstep Helped Anwar Finally Land Malaysia’s Top JobUS Shoppers Kick Off Holiday Season With a Muted Black FridayAdobe Sees Up to $9.2 Billion in E-Commerce: Black Friday UpdateUS Bans Huawei, ZTE Telecom Equipment on Data-Security RiskSales rose to 6
Microsoft has replaced Amazon as the name most likely to appear as a top holding for the market's big players.
Gold prices ended higher on Friday amid choppy trade as a modest rebound in the U.S. dollar was putting pressure on the yellow metal after the minutes of the Federal Reserve's last meeting, released on Wednesday, helped send prices of precious metals higher.
Binance is using a proof of reserve system to increase financial transparency on the platform. The method isn't perfect though.
Tesla was painted as a China Play, and with China slowing so much that its Central Bank is throwing open the monetary spigot, look for Elon to to focus his energies elsewhere.
Bitcoin and Ether fell in Asian trading on Thursday afternoon, with Litecoin seeing the steepest drop in declines across most top 10 non-stablecoin cryptocurrencies ranked by market capitalization
By looking at historical winners through the ages, if you screened out stocks with P/E ratios greater than the market averages, you would have missed out on big opportunities.
The Federal Communications Commission voted to ban sales of new telecom and surveillance equipment made by several Chinese companies, arguing that their ownership and practices threaten U.S. national security.
It's always fascinating to observe how Americans are perceived by people from other places -- depending on the country and the circumstances, common stereotypes range from unhealthy food to cut-throat capitalism and being a workaholic. "A number of European corporates are already realizing the risks of not operating with companies that are long-term committed to the geographies [...] in which they operate," Fabrizio Campelli, a Deutsche Bank board member overseeing corporate and investment banking, told Reuters in an interview. With total assets of $1,476 billion in 2021, Frankfurt-based Deutsche Bank is currently just past the 20 largest banks of the world but far behind American behemoths like JP Morgan Chase and Bank of America as well as French BNP Paribas .
The collapse of FTX has many crypto investors fleeing exchanges, but other options don't seem much better.
Reuters Adidas To Investigate Misconduct Allegations Against Kanye West Adidas AG (OTC: ADDYY) (OTC: ADDDF) initiated a probe against Kanye West into allegations of inappropriate behavior after receiving an anonymous letter making several allegations. The investigation follows a report by Rolling Stone magazine that detailed alleged incidents of inappropriate behavior by Ye toward staff and prospective employees. Microsoft Vulnerable To EU Antitrust, Triggered By Salesforce Microsoft Corp (NASDA
Initiative to help smaller businesses improve user engagement and conversion rates at affordable costs
A representative for supporters of Manchester United has called for fans to get a stake at Old Trafford if the club's owners, the Glazer family, sell the club.Source: PA