U.S. stock futures ticked higher ahead of earnings from large technology companies and economic data including jobless claims and an updated reading of first-quarter gross domestic product.... Read more »

Shareholder proposals surge at tech giants, but Amazon makes a particularly tempting target.... Read more »

The ruble strengthened this week to levels not seen since 2018, making the currency the best performer against the dollar this year. Russia has taken steps to weaken the currency, with the central bank lowering interest rates again.... Read more »

Private lawsuits could help determine whether digital tokens should be treated as securities like stocks and bonds.... Read more »

Stashing cash in creative ways not only makes for entertaining videos, but can help forge good financial habits.... Read more »

The fuel has tripled over the past year to the highest level since 2008, which was before frackers flooded the market with shale gas.... Read more »

Lawmakers are probing how Equifax, Experian and TransUnion dealt with consumer complaints about errors on their credit reports during the pandemic.... Read more »

The agency votes to float plans to give investors more information on environmental, social and corporate-governance vehicles.... Read more »

U.S. stocks rise after optimistic outlooks from several retailers and the Fed’s May meeting minutes signaled few changes in the plan to fight inflation.... Read more »

The market hasn’t been kind to tech companies capitulating to reality. It could be even worse for those who haven’t.... Read more »

Deal talks are in the early stages, with the Saudi oil giant eyeing Valvoline’s global products business, according to people familiar with the matter.... Read more »

Activist investor Carl Icahn had challenged the fast-food chain over its suppliers’ treatment of animals.... Read more »

Even if the current business environment is giving them a reason to keep expanding capital spending, a troubled stock market could make some companies reluctant to step up investment.... Read more »

The deal to sell Chelsea soccer club, which previously belonged to sanctioned oligarch Roman Abramovich, to a group led by Los Angeles Dodgers’ Todd Boehly was approved by the U.K. government.... Read more »

The cash-and-stock deal marks the biggest bet yet that the boom in enterprise software demand will endure despite the economic tumult.... Read more »

The prospect of losses on the Federal Reserve’s holdings of securities is a real issue for U.S. taxpayers, a former top central bank staffer wrote in a research note Wednesday.... Read more »

The ‘SexyBack’ and ‘Cry Me a River’ singer reaches a music-rights deal valued at $100 million.... Read more »

The spacecraft is expected to land in New Mexico later Wednesday, the last leg of a test flight the company first tried to complete more than two years ago.... Read more »

The iPhone maker told employees in an email that the company is increasing its overall compensation budget, a move that comes as it faces store unionization attempts and higher inflation.... Read more »

The decisions come amid a federal investigation and a leadership change at Cerebral.... Read more »

His funding plan now includes $33.5 billion in equity, up from $27.25 billion, amid a sharp price decline for Tesla shares.... Read more »

The chip maker’s data-center sales surpass its gaming sales for only the second time.... Read more »

FBI affidavit says Disney and company executive were part of a “cabal” that tried to influence local politics.... Read more »

Serhat Gumrukcu, of Enochian BioSciences, was recently indicted in connection with the 2018 death of a Vermont man.... Read more »

U.S. central bankers at this month’s meeting were in agreement on need for further half-point increases in June and July.... Read more »

U.S. Food and Drug Administration Commissioner Robert Califf signaled potential reforms to his agency’s food safety division, even as he took aim at “shocking” safety lapses at Abbott Laboratories’ Michigan baby-formula plant.... Read more »

The nonpartisan agency expects the U.S. economy to expand 3.1% in the fourth quarter, while annual inflation is projected at 4.7% at end of 2022.... Read more »

Deal talks are in the early stages, with the Saudi oil giant eyeing Valvoline’s global products business, according to people familiar with the matter.... Read more »

China's cabinet held an emergency meeting with more than 100,000 participants on Wednesday, according to state media, as top leaders urged new measures to stabilize an economy battered by the country's stringent COVID-19 restrictions.... Read more »

Britain wants greater access to Canadian markets for more than 700 varieties of cheese including Stilton, Cheshire, and Wensleydale, a crumbly variety originating from Yorkshire. But Ottawa has made it clear it does not want to see more British cheddar, let alone artisan varieties such as stinking bishop, renegade monk... Read more »

Major global stock markets were mostly lower Thursday after notes from the U.S. Federal Reserve's latest meeting confirmed expectations of more interest rate hikes but held no surprises to rattle investors.... Read more »

Do oil companies control the price of crude? CTVNews.ca asked experts to explain.... Read more »

BMO and Scotiabank both reported higher loan growth and profits in the last quarter from a year ago and said commercial and consumer demand remains strong despite growing worries about the economy.... Read more »

The Biden administration said on Wednesday it was requesting that a second dispute settlement panel under the U.S.-Mexico-Canada Agreement (USMCA) be formed to review a trade dispute with Canada over dairy import quotas.... Read more »

Tesla CEO Elon Musk on Wednesday revised the financing plan for his proposed US$44 billion purchase of Twitter, raising investor hopes that the unpredictable billionaire still intends to pull off a deal roiled by market turbulence and Musk's not-entirely-explicable concerns about the number of fake accounts on Twitter.... Read more »

India is restricting its sugar exports to 10 million tons in the current season to help maintain domestic availability and keep prices stable.... Read more »

Canada depends on U.S. producers for its own supply of formula, and with the Biden administration again using emergency wartime measures to meet the moment, trade and food security experts alike are worried about the knock-on effects.... Read more »

Cultural clashes and trustbusters could get in the way... Read more »

Don’t bank on it... Read more »

The German chemicals giant is turning towards China... Read more »

Small acts of appreciation can delight employees. But they are not meant to be industrialised... Read more »

Their makers’ place as the main course is another matter... Read more »

Common sense and low taxes make the Alpine nation a corporate haven... Read more »

Let’s pour some thought bubbles into the ideas jacuzzi... Read more »

It hasn’t gone where you think... Read more »

Asia’s richest man buys a Swiss-controlled building-materials business for $10.5bn... Read more »

Blame in part its climate-friendly president... Read more »

Rising costs catch up with Walmart and Target... Read more »

The world’s richest man haggles for a discount... Read more »

The Japanese investment group is global tech in a nutshell... Read more »

Innovation. Sustainability. Purpose. Yuck... Read more »

African Union leaders gather in Equatorial Guinea on Friday for two summits as the continent contends with humanitarian crises, terrorism and military coups.... Read more »

A senior official of the Communist Party of China (CPC) on Thursday called for leveraging strategic opportunities to accelerate the high-quality development of the digital economy.... Read more »

Spain will "strengthen judicial control" over its secret services in the wake of a scandal over the hacking of the mobile phones of top politicians, Prime Minister Pedro Sanchez said Thursday.... Read more »

The Legislative Assembly (AL) today (Thursday) has approved the first draft of a new legal framework for publicly-held companies to regulate the constitution, operation, operation, supervision, as well as the exercise of the rights of shareholders... Read more »

Russia's central bank cut its key interest rate Thursday following an emergency meeting, as authorities seek to rein in the ruble which has surged in value despite the conflict in Ukraine.... Read more »

The Taliban government's restrictions on women are aimed at making them "invisible" in Afghan society, a UN human rights observer said Thursday during a visit to the nation.... Read more »

Temporary housing units being constructed on Lot P in Areia Preta will have the capacity of providing temporary accommodation for over 2,500 property owners of the seven blocks of flats that make up Iao Hon Estate during redevelopment, Macau Urban Renewal Limited (MUR) revealed... Read more »

Hundreds of Indian air travellers were stranded inside their planes after the low-cost airline SpiceJet cancelled or delayed flights due to an "attempted ransomware attack", the company has said.... Read more »

The Inner Harbour fishing boat fire case was caused by electrical equipment failure, Director of Marine and Water Bureau (DSAMA), Wong Soi Man indicated today (Thursday)... Read more »

Despite COVID-19 outbreaks and growing uncertainties, China sees unstoppable momentum in its cooperation with the Association of Southeast Asian Nations (ASEAN), and is ready to further deepen its strategic partnership.... Read more »

Britain's finance minister Rishi Sunak was Thursday to unveil a support package for consumers hit by soaring energy bills, reportedly with help from a controversial windfall tax on oil giants.... Read more »

A total of 97 MICE events were held in Macau in the first quarter of 2022, an increase of about a third from the same period last year, as the number of participants and attendees rose by 20 per cent to 165,000... Read more »

Australia will present a more ambitious UN emissions target "very soon" and is bidding to co-host a COP summit with Pacific island neighbours, Foreign Minister Penny Wong said on Thursday, signalling a ground shift in climate policy.... Read more »

The chairman and non-executive director of Macau Legend, David Chow Kam Fai, that future management fees to be charged to companies responsible for satellite casinos should not be fixed but adjusted according to the gambling revenue ratio of the property.... Read more »

Minister for Agriculture, Food and the Marine, Charlie McConalogue, today announced the appointment of Aidan Cotter as Chair of Board Iascaigh Mhara (BIM). BIM is the State Agency that helps to develop the Irish seafood industry by providing technical expertise,…... Read more »

Ross Kearney and Andrew Vaughan from Royal North YC on Belfast Lough topped the 26 strong GP14 fleet at the Ulster Championships over the third weekend this month. The event was hosted for the first time since 2018 by Lough…... Read more »

As the Irish Examiner reports, Cork City Council is set to spend millions buying the Port of Cork’s city-centre quays to help facilitate one of the largest docklands regeneration schemes in Europe.  The local authority and the commercial semi-State company…... Read more »

One of the pinnacle events of the IRC rating system in the UK will take place over 10-12 June from Cowes and Ireland's past victories are recalled as Anthony O'Leary's former winner, the Ker 40 Antix, is racing in the…... Read more »

On Carlingford Lough is Greenore Port which has seen a 31% increase in the number of vessels arriving to the port between 2019 and 2021, with the gross tonnage increasing by a quarter, according to the latest Central Statistics Office…... Read more »

A Connemara lobster fisherman has become a television star in the Netherlands over his role in a highly successful dating series. As The Irish Examiner reports, Turbot island fisherman and farmer John O’Toole was hired to take a Dutch couple…... Read more »

A 23 boat fleet – with possibly more to come as entries are still open this week – is mustering at Dun Laoghaire Harbour for the second cross channel ISORA race of the season this Saturday.  Starting at 8 am, the Dun…... Read more »

Finn Lynch's defence of his ILCA 7/Laser World Championships silver medal suffered a gear failure setback yesterday at Vallarta, Mexico when the National Yacht Club ace posted a 'Did not Compete' (DNC) in his final qualification race. Until yesterday, the…... Read more »

The Water Wag dinghy class had one Dublin Bay Sailing Club race on Wednesday evening in a blustery Dun Laoghaire Harbour. So blustery in fact, Race Officer Tadgh Donnelly went out in advance a DBSC RIB to review the conditions…... Read more »

The Courtmacsherry RNLI All Weather Lifeboat “Frederick Storey Cockburn” was called out this afternoon at 3.15 pm, by the Valentia Coast Guard Marine Rescue Co-Ordination Centre, when a lone kayaker got into difficulties on the western side of the Old…... Read more »

The Minister for the Environment has welcomed new funding to 34 projects in 14 counties under the Habitats and Conservation Scheme 2022 awarded by Inland Fisheries Ireland (IFI). Under two separate funds — the Salmon and Sea Trout Rehabilitation, Conservation and Protection Fund and…... Read more »

The J/24 One Design 'Legal Alien' racing keelboat is for sale and priced at €14,000 The 1987 Rogers hull is in excellent condition and race-ready, according to seller Jill Sommerville.  A marine surveyor report has been completed on the keelboat and the…... Read more »

New objectives on energy and on the role of the fishing industry in food security are among changes to the National Marine Planning Framework (NMPF) which are outlined in a consultation document. The NMPF public consultation was twice extended due…... Read more »

Portrush RNLI in Northern Ireland came to the aid of eight people last night (Tuesday 24 May) after their motorboats got into difficulty off The Skerries. The inshore lifeboat was requested to launch at 8.15 pm following a report that…... Read more »

EIOPA assesses European insurers’ exposure to physical climate change risks The report presents the first results based on a large data collection exercise from the industry. It focuses on property, content and business interruption insurance against windstorm, wildfire, river flood and coastal flood risks. These risks have been identified as... Read more »

EIOPA issues recommendation to the Národná banka Slovenska On 17 May 2022, the European Insurance and Occupational Pensions Authority (EIOPA) issued a recommendation to the Národná banka Slovenska (NBS) in accordance with its powers laid down in Article 17 of the EIOPA Regulation concerning breach of Union law. A Slovakian... Read more »

ESAs call for improvements in product descriptions intended for retail investors The European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) issued today a joint supervisory statement regarding the ‘What is this product?’ section of the key information document (KID) for packaged retail and insurance-based investment products (PRIIPs). The expectations... Read more »

EIOPA reacts to stakeholders’ views on blockchain in insurance The European Insurance and Occupation Pensions Authority (EIOPA) published today a Feedback Statement on blockchain and smart contracts in insurance. The document provides a high-level summary of the responses received from stakeholders during a public consultation on the topic as well... Read more »

Pepp timeline The Pan-European Personal Pension Product (PEPP) Regulation starts to apply.... Read more »

EIOPA publishes monthly technical information for Solvency II Relevant Risk Free Interest Rate Term Structures – end-April 2022 Today, the European Insurance and Occupational Pensions Authority (EIOPA) published technical information on the relevant risk free interest rate term structures (RFR) with reference to the end of April 2022. RFR technical... Read more »

Risk Dashboard shows resilient insurance sector even as macro and cyber risks abound The European Insurance and Occupational Pensions Authority (EIOPA) published today its Risk Dashboard based on Solvency II data from the fourth quarter of 2021. The results show that insurers’ exposures to macro risks are currently the main... Read more »

ESAs consult on sustainability disclosures for Simple, Transparent and Standardised securitisations Today the European Supervisory Authorities (EBA, EIOPA and ESMA) published a Consultation Paper seeking input on draft Regulatory Technical Standards (RTS) on the content, methodologies and presentation of information in respect of the sustainability indicators for Simple, Transparent and...... Read more »

ESAs recommend changes to make the PRIIPs key information document more consumer-friendly The European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) published today their technical advice to the European Commission on the review of the PRIIPs Regulation. The advice will serve as input for developing the Commission’s Retail Investment... Read more »

EIOPA publishes advice on Retail Investor Protection The European Insurance and Occupational Pensions Authority (EIOPA) has published today its Final Report with its advice to the European Commission on retail investor protection in relation to the sale of Insurance-Based Investment Products (IBIPs). EIOPA’s main findings in the areas which the...... Read more »

EIOPA consults on IORPs reporting rules The European Insurance and Occupational Pensions Authority (EIOPA) launched today a public consultation regarding EIOPA’s regular information requests to national competent authorities (NCAs) for occupational pension information. The aim of the public consultation is to improve IORPs reporting...... Read more »

EIOPA finalises the revision of EIOPA’s Guidelines on Contract Boundaries and Guidelines on the Valuation of Technical Provisions The European Insurance and Occupational Pensions Authority (EIOPA) published today two Final Reports on the revision of the EIOPA Guidelines on Contract Boundaries and Guidelines on the Valuation of Technical Provisions. EIOPA... Read more »

ESAs publish joint Annual Report for 2021 The Joint Committee of the European Supervisory Authorities (ESAs) – EBA, EIOPA and ESMA – published today its 2021 Annual Report, providing a detailed account of its joint work completed over the past year. The Joint Committee, under ESMA’s chairmanship in 2021, continued... Read more »

ESAs see recovery stalling amid existing and new risks The three European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) issued today their first joint risk assessment report for 2022. The report highlights the increasing vulnerabilities across the financial sector as well as the rise of environmental and cyber risks.... Read more »

After a bit of a back and forth start, equities are catching a bit more of a bid in the past half-hour. US futures have pulled higher with S&P 500 futures now up 0.6% on the day close to 4,000: Nasdaq futures are up 0.4% and Dow futures are also... Read more »

If you go by the dollar index, that will be the first time this year the dollar has fallen in consecutive weeks. However, context is important and it comes after strong gains in the past six weeks prior which saw:EUR/USD fall to test its late 2016 lows just below 1.0400USD/JPY... Read more »

Habeck singles out Hungary ahead of the next meeting between EU leaders at the end of the month. He says that:"(All countries need to reduce their oil dependency on Russia) That includes Hungary. If you take that as the basis of discussion, then an agreement should be possible. If you... Read more »

And back the other way we go. If anything else, this still suggests that the overall mood in equities is rather unsettled - even if US stocks may avoid an eighth straight weekly drop this week. A look across the board:Eurostoxx +0.3%Germany DAX +0.3%UK FTSE flatFrance CAC 40 +0.3%S&P 500... Read more »

The dramatic transformation of the World Wide Web triggered Web 3.0 in 2021, powered by blockchain technology, artificial intelligence, and machine learning. It completely reshaped businesses and operating models, forcing traditional banking systems and financial service companies to step into uncharted territory.   We chatted with Octavian Patrascu, founder of... Read more »

The bond market remains an interesting spot to watch and after the unrelenting selloff (amid deleveraging pressures) in March and April, we are seeing steady bids in the past three weeks. It may be overdue after what has been rather one-way traffic since the start of the year, with 10-year... Read more »

Bitcoin ignored the positive dynamics of US stock indices on Wednesday, further reducing the amplitude of its fluctuations. The first cryptocurrency has been moving in a $29.5-30.0K range since the start of active trading in New York. We caution that this reduction in volatility risks turning into an explosion in... Read more »

A snapshot of the equities market at the moment:Eurostoxx +0.6%Germany DAX +0.6%UK FTSE +0.2%France CAC 40 +0.5%S&P 500 futures +0.3%Nasdaq futures flatDow futures +0.3%Of note, S&P 500 futures are now up 12 points after being down 16 points just around two hours ago. As mentioned during the week, US equities... Read more »

Holds open the prospect of key rate reduction at upcoming meetings External conditions for Russian economy remain challenging, considerably constraining economic activity Not much change in the Russian ruble, which is among the best performing currencies in the world this year (after being among the worst back in March):... Read more »

It seems like BOJ governor Kuroda's remarks about exit strategy from easy policy is triggering a few bids/algos but as mentioned here, this isn't the first time that the central bank has talked about this. As much as everyone is anxious about a policy shift in the BOJ, they have... Read more »

Eurostoxx flatGermany DAX +0.2%France CAC 40 flatUK FTSE flatSpain IBEX +0.3%The changes are light as market participants are still sorting out their feet on the day. Overall, there is still a hint of caution but bear in mind that US equities are at least trying to snap a run of... Read more »

Trading online offered a new source of income for an astounding number of people who stayed at home during pandemics. The Forex market saw a 50% spike in trading volume after only a couple of months through the pandemic.   The evolution of the COVID-19 virus has been incredible to... Read more »

But when the right time comes, BOJ will debate exit strategy and lay out its plan to the publicWhen debating exit strategy, the key will be how to raise rates and reduce balance sheetBOJ will likely combine rate hike and balance sheet reductionHowever, specific means, timing will depend on various... Read more »

In this sense, he's just reaffirming that the ultra-easing policy will still be needed. And that sort of corroborates with what the government wishes for. Carry on as you will.... Read more »