Low markets are getting a big dose of cold from the Bank of England

This story is part of CNN Business’s Nightcap newsletter. To get it in your inbox, sign up for free, over here. New York CNN Business – All the drama out of the UK government keeps me from catching up with the only UK drama I really want to take on, Love Island Season 8, which … Read more

The dangers and promises of quantum computing are approaching

The stark warning came from one of the tech world’s most prominent CEOs. Alphabet CEO Sundar Pichai told an audience at the World Economic Forum in Davos, Switzerland, three years ago that quantum computing has the potential to change humanity’s understanding of the natural world, enabling scientists to create new drugs and better batteries, among … Read more

European markets open to close, Bank of England and Swiss central bank interest rate decisions

US stocks opened mixed US stocks opened mixed Thursday after the Federal Reserve’s decision on Wednesday to implement it The third consecutive rise in the interest rate of 0.75%. The Dow Jones Industrial Average and the S&P 500 were hovering around the flat line in early trades, while the Nasdaq was down 0.2%. Karen Gilchrist … Read more

European stocks open to close; Markets brace for more Fed rate action

US stocks open higher US stocks opened higher with investors Looking forward to an announcement of a possible rate hike from the Federal Reserve later on Wednesday. The Dow Jones Industrial Average rose 0.3% in early trade, while the S&P 500 gained 0.4%. The Nasdaq also rose 0.2% in early trading. Karen Gilchrist Stocks on … Read more

European companies are rethinking their plans for a “closed” China

China’s Ministry of Commerce said on Monday that foreign direct investment from Germany to China grew by about 30% in the first eight months of the year compared to last year. Vcg | China Optical Group | Getty Images BEIJING – European companies in China are reassessing their market plans after this year’s Covid controls … Read more

European markets open for closing, earnings, data and news

Fortum shares soar 9.5% ahead of Uniper deal Fortum Shares rose 9.5% in afternoon trading on Tuesday on news that the German government was closing a deal to nationalize the gas giant. Uniper. Germany is considering buying Finnish energy company Fortum’s controlling stake in Uniper, details are expected to be announced on Wednesday. Karen Gilchrist … Read more

August industrial production, retail sales

August was marked by sweltering temperatures in parts of China, leading to temporary power rationing in some areas. Pictured here on August 24, 2022, the skyline of the central city of Chongqing is shown with the lights partially turned off to conserve energy during a heat wave. Vcg | China Optical Group | Getty Images … Read more

European markets open their doors to close inflation data, earnings and US news

US stocks open lower Nasdaq drops 2.7% US stocks opened lower on Tuesday after the release of warmer-than-expected inflation data. The Dow Jones Industrial Average is down 1.6% in early morning trade, the S&P 500 is down 2% and the Nasdaq is down 2.7%. Karen Gilchrist US stock futures fell sharply after the hot inflation … Read more

European markets open for closing, data, earnings and news

Stocks on the go: Verbund stock up 12%, Ubisoft stock down 16% Austrian Electric Company Verbond It jumped 12% late in the morning, sending a broad rally in European utilities shares as the market anticipated possible shifts in regulation to counter the continent’s deepening energy crisis. At the bottom of the Stoxx 600, the French … Read more