NEW YORK (Reuters) – The Nasdaq Composite Index .IXIC confirmed on Friday it is in a bear market for the first time since 2008, underscoring fears that the longest bull run in history for U.S. stocks could soon be over. The index finished the day down 21.9 percent from its Aug. 29 record closing high, […]
In the farm country of southern Wisconsin, 12 miles from Madison, is one of the nation’s biggest tech companies — and almost certainly the quirkiest. The woman who controls it is a septuagenarian coding savant, its campus contains a human-size rabbit hole and an elevator to hell, and in all probability it stores your personal […]
What do you get the person who’s got everything? A sausage roll? Luckily for you, Greggs has now introduced their ‘Greggs Gifting Bot’ and it works through Facebook Messenger. Manchester Evening News has found that the ‘bakery chain is taking the power of social media’ to a whole new level. Festive Bake fans have found […]
GSK has said it is “far too early” to comment on the impact on Irish jobs of the merger of its healthcare division with Pfizer’s. Announcing the creation of the new consumer healthcare joint venture between the two companies, GSK said the deal is expected to close in the latter half of 2019. “The separation […]
Across the country Deliveroo couriers have had their contracts terminated. Well over 100 riders in cities from Leicester to Sheffield and Glasgow have seen themselves blocked from working in the run up to Christmas – with many claiming they had no notice. Deliveroo counters that they have been terminated for repeatedly picking up food, taking […]
Good Friday. Want this by email? Sign up here. The Nasdaq is close to bear territory Stocks tumbled yet again on Thursday, taking the continuing sell-off to new depths. The Nasdaq is now almost in a bear market. The tech-heavy index fell 1.6 percent yesterday, pushing it 19.5 percent below its late-August peak. (A fall […]
Waitrose is famed for its luxury lines, from Heston’s indulgent Christmas panettones to its LoveLife range, but it’s no secret that prices are high. But according to one insider, there are ways to get your hands on the exclusive ranges and more for a fraction of the listed price. Speaking to us anonymously, the ex-worker […]
LONDON (Reuters) – World stocks extended a steep sell-off on Friday as the threat of a U.S. government shutdown and further hikes in U.S. borrowing costs compounded investor anxieties over the trajectory of global economic growth. E-Mini futures for the S&P 500 were off half a percent, indicating a lower open on Wall Street. Nasdaq […]
(Reuters) – S&P 500 e-minis logged their biggest losing streak in seven years on Friday, dropping about 0.6 percent on growing worries of slowing global growth and the threat of a U.S. government shutdown. The Federal Reserve’s plan, announced Wednesday, to keep raising interest rates was an added headache for investors already fearful that trade […]
TOKYO (Reuters) – SoftBank Corp (9434.T) shares sank 15 percent on debut, wiping $9 billion off their value, as investors sold off the telecoms operator after its record IPO on worries about a recent service outage and its exposure to Chinese telecoms gear maker Huawei. The poor start for the unit of tech investment giant […]