ECB backs draft EU rules for winding down smaller banks

(Reuters) – The European Central Bank on Thursday backed proposed new EU rules for closing down smaller banks when they…

Wall Street futures slide on rate hike jitters; Meta rises

(Reuters) – Wall Street futures fell on Thursday as investors digested minutes of the Federal Reserve’s June meeting, while Meta…

India stocks higher at close of trade; Nifty 50 up 0.51%

India stocks were higher after the close on Thursday, as gains in the Real Estate, Oil & Gas and Power…

4 big analyst picks: Rivian upgraded to Neutral, stock gains on positive headlines

Rivian Automotive upgraded at DA Davidson DA Davidson upgraded Rivian Automotive (NASDAQ:RIVN) to Neutral from Underperform and raised its price…

VW ready to deal with China metal curbs if needed, chipmakers play down fallout

(Reuters) – Volkswagen (ETR:VOWG_p) said it is monitoring the situation on metals markets after China imposed export restrictions on two…

Hedge fund Verition joins rush to Dubai financial hub

(Reuters) – U.S.-based Verition Fund Management is opening an office in Dubai, joining a raft of other hedge funds including…

Stocks slide as rising borrowing costs strike again

(Reuters) – World stocks fell for a third straight day on Thursday, after Federal Reserve meeting minutes bolstered bets on…

ESG equity funds suffer big outflows, buffeted by market jitters and U.S. backlash

(Reuters) – Equity funds with an environmental, social and governance (ESG) tilt suffered a large loss of investors in the…

Airbus first-half deliveries up 6% to 316 jets -sources

(Reuters) – Airbus (EPA:AIR)deliveries increased by 6% in the first half of the year to reach 316 aircraft, industry sources…

European stocks slump; hawkish Fed minutes increase growth concerns

European stock markets fell sharply Thursday, with risk sentiment hit by the release of hawkish minutes of the Federal Reserve’s…