UK recruiters report signs of stabilisation in jobs market
A monthly survey from the Recruitment and Employment Confederation and KPMG points to stabilisation in Britain's labour market.
News Archive
Every report the desk has filed, searchable by full text, topic, format, symbol and date range.
Iran links reopening of Strait of Hormuz to US concessions
Iran has tied any reopening of the Strait of Hormuz to a set of demands on the United States, according to reports.
Sezzle shares fall about a third despite revenue beat and raised guidance
Buy-now-pay-later lender Sezzle beat revenue expectations and lifted full-year guidance for the third time this year, but its shares lost roughly a third of their value in a single session.
Treasury Wine takes $395 million charge on US supply chain overhaul
Treasury Wine Estates announced a $395 million charge linked to a restructuring of its United States supply chain.
Westpac posts steady third-quarter profit growth but flags margin pressure
Westpac reported steady profit growth in its third quarter, with management pointing to building pressure on net interest margins.
Element Fleet proposes A$820 million takeover of FleetPartners
Canada's Element Fleet Management has proposed acquiring Australian vehicle leasing and fleet management group FleetPartners in a deal valued at about A$820 million.
I Squared Capital to buy Australia's oOh!media for A$898 million
Infrastructure investor I Squared Capital has agreed to acquire out-of-home advertising group oOh!media in a deal valuing the Australian company at about A$898 million.
Kraken Delisting Deadline Approaches for 21 Tokens
Holders of 21 tokens set for removal from the Kraken exchange face near-zero payouts if they do not act before the deadline, according to a report.
Trump Names Will Scharf White House Counsel
President Donald Trump has appointed Will Scharf as White House counsel, according to reports.
Oil Firms, Stock Futures Flat as Hormuz Reopening Doubts Persist
Fresh Iranian demands cast doubt on a near-term reopening of the Strait of Hormuz, lifting crude prices while U.S. equity futures held steady ahead of key inflation data. Tehran also replaced the head of its Supreme National Security Council mid-negotiation.
Dollar Stablecoins Account for 84% of Crypto Card Spending
USDC and USDT together represent 84% of spending on crypto-linked payment cards, with euro-denominated tokens losing share.
Shopify, MercadoLibre Rally While Upstart Sheds 23% in July
Three consumer-facing internet and fintech names diverged sharply over the past month, with Shopify and MercadoLibre gaining and Upstart falling 23%.
Google Cloud Revenue Grows 82% as Alphabet Defends Capex Surge
Alphabet reported 82% year-over-year revenue growth at Google Cloud, with a large contracted backlog cited as justification for the company's elevated capital spending.
Currency Gains Drove Most of Berkshire's Q2 Operating Earnings Increase
Berkshire Hathaway's operating earnings rose $1.8 billion in the latest quarter, but roughly $1.2 billion of the gain came from a foreign-currency swing rather than underlying business performance.
Trump Says Data Centers Could Outgrow Oil, Urges States to Cut Taxes
President Trump said data center investment could become a larger economic force than oil and called on state governments to lower taxes and speed permitting to attract AI infrastructure.
Micron Shares Pull Back as AI Spending Concerns Spread
Micron stock declined amid broader investor anxiety about the durability of artificial intelligence capital spending.
Core Scientific Shareholders' Rejection of $9 Billion Sale Revisited After AMD Deal
Core Scientific investors voted down a $9 billion acquisition; a subsequent agreement involving AMD has reopened debate over whether they were right.
Situational Awareness Puts $400 Million Into Chip Startup Source Foundry
The hedge fund, which has faced scrutiny in recent months, has committed $400 million to semiconductor startup Source Foundry.
Senate Advances Crypto Market Structure Bill Toward Floor Vote
Senate Majority Leader John Thune took a procedural step Saturday to move a major cryptocurrency regulation bill toward a vote.
Rocket Lab Heads Into Monday Night Earnings With Consensus at $232 Million
Analysts are looking for roughly $232 million in quarterly revenue and about 60% growth from Rocket Lab, which would mark a fifth consecutive quarterly revenue record. The stock rose 9% on Friday ahead of the report.
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