When I was at university, a depressingly long time ago, students had different ways of marking the end of exams season. Most of us did the sensible thing and drank tequila in the garden, but a certain group engaged in a game that involved soaking each other with water pistols

© Reuters. FILE PHOTO: The logo of Alibaba Group is seen at its office in Beijing, China January 5, 2021. REUTERS/Thomas Peter By Brenda Goh and Nivedita Balu (Reuters) -Alibaba Group on Thursday said it would not provide a forecast for the current fiscal year because COVID-19 risks clouded its

When the chancellor of the exchequer sat down after what wasn’t apparently an emergency Budget, announcing what wasn’t called a windfall tax, the top item on the Treasury website was still about his Spring Statement two months ago.That’s fitting. It was obvious then that Rishi Sunak would need to

© Reuters. FILE PHOTO: Skyscrapers in The City of London financial district are seen in London, Britain, September 14, 2020. REUTERS/Hannah McKay By Huw Jones LONDON (Reuters) -Britain's twin-track company listing regime could be simplified into a single entry point to the London Stock Exchange to attract more startups, the

Wall Street stocks extended their earlier gains on Wednesday afternoon after minutes from the Federal Reserve’s most recent policy meeting emphasised the US central bank’s desire to tame stubbornly high inflation.The Fed earlier this month raised its benchmark interest rate by 0.5 percentage points, the largest increase in more

© Reuters. Apple (AAPL) Reportedly Behind Schedule in Development of the New iPhone, Analyst Cuts Price Target on Risk to June Quarter iPhone Revenue By Senad Karaahmetovic Apple (NASDAQ:) has asked its suppliers to expedite iPhone development after strict lockdown measures in China impeded the schedule for at least one of

Investors dumped stocks on Tuesday and betted on less aggressive policy from the US Federal Reserve, after comments from social media group Snap and disappointing economic data fanned concerns that growth in the country was poised to slow.The Nasdaq Composite, which is weighted towards big US tech companies, fell

© Reuters. Abercrombie & Fitch (ANF) Collapses After Surprise Q1 Loss, Analyst Expects Shares to Trade Under 'Significant Downward Pressure' By Senad Karaahmetovic Shares of Abercrombie & Fitch (NYSE:)  are down 26% today after the company posted an unexpected Q1 loss. ANF an adjusted loss per share of 27c, compared to

The chief executive of Petrobras has been fired after only weeks in the job, making him the third boss of the Brazilian state-controlled oil company to be dismissed by Jair Bolsonaro’s government in 15 months. Brazil’s mines and energy ministry announced on Monday evening it would remove José Mauro

© Reuters. FILE PHOTO: The New York Stock Exchange (NYSE) in New York City, where markets roiled after Russia continues to attack Ukraine, in New York, U.S., February 24, 2022. REUTERS/Caitlin Ochs By Stephen Culp NEW YORK (Reuters) - Wall Street rallied on Monday as gains from banks and recently