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The race for the White House still remains too close to call

World markets rise as US election race tightens

European stocks reversed their earlier losses to end the day higher, as the race for the White House remained too close to call.

Business • 04 Nov 20

Starbucks is seeing a recovery in demand following the initial hit from the Covid-19 pandemic

Starbucks sees better-than-expected earnings for 2021

Starbucks has forecast 2021 earnings largely above estimates, helped by strong online orders and a recovery in demand following the initial hit from the Covid-19 pandemic.

Business • 30 Oct 20

Google parent Alphabet has powered back to sales growth, beating analysts' estimates for the third quarter

Alphabet sales growth revived as advertisers come back

Google parent Alphabet last night said it powered back to sales growth, beating analysts' estimates for the third quarter as businesses initially hobbled by the coronavirus pandemic resumed advertising with the internet's biggest supplier of ads.

Business • 30 Oct 20

Major tech companies had been soaring in recent weeks, leading the US markets higher

Tech shares tumble as US stocks retreat from records

Wall Street stocks suffered steep declines last night, giving back some of the gains from a torrid August as investors cashed in amid worries about a bubble in prices.

Business • 04 Sep 20

Tesla's high-flying stock has soared over 70% since its split was announced on August 11

Tesla to raise $5 billion through share offering

Tesla has unveiled its biggest programme of new share sales in a decade as a public company, seeking to cash in on soaring Wall Street interest in it to raise $5 billion that will ease future debt pressures.

Business • 01 Sep 20

The new rules include a cap on occupancy at 16, with hosts or guests who try to skirt the rules facing a ban from Airbnb's community and legal action

Airbnb bans parties and events in Covid-19 fight

There will be no more parties and events in homes listed on Airbnb, the short-term home rental company said today as it tries to enforce strict social-distancing norms to fight the Covid-19 pandemic.

Business • 20 Aug 20

The New York Stock Exchange partially reopened the trading floors at its iconic 11 Wall Street building

NYSE reopens trading floor closed by coronavirus

New York Governor Andrew Cuomo donned a face mask and rang the opening bell at the New York Stock Exchange yesterday.

Business • 27 May 20

Signs that the coronavirus pandemic in the US may be nearing a peak bolstered trading

US markets buoyed by coronavirus hopes

US stock markets jumped on Wednesday on hopeful signs that the coronavirus outbreak in the United States was close to a peak, with health insurers getting an additional lift from Bernie Sanders' decision to suspend his presidential campaign.

News • 08 Apr 20

World markets boosted by huge US $2 trillion stimulus package

Wall Street gains ahead of Senate vote on aid package

Wall Street rose in choppy trading today, building on the previous session's gains.

Business • 25 Mar 20

Wall Street seeing more falls as US Congress wrangles over a massive stimulus package

World stocks drop again as Fed rescue action falls flat

Stock markets on both sides of the Atlantic resumed their downward trend in volatile trading Monday, as a rollout by the Federal Reserve of another flurry of measures for companies failed to turn the fearful mood around.

Business • 23 Mar 20

US traders are reacting badly to drastic weekend measures from the Federal Reserve to stave off a global recession

US markets plummet 12% on recession fears

Wall Street suffered its biggest drop since the coronavirus crisis began today.

Business • 16 Mar 20

The report says the transatlantic economy is expected to grow again this year, but was compiled before the coronavirus outbreak

Ireland the ninth largest investor into the US - report

Ireland is now the ninth largest investor into the US, according to a new report on the transatlantic trading relationship.

Business • 05 Mar 20

Wall Street sees record closing levels for the Dow Jones and S&P

Dow, S&P 500 at record highs after US-China trade deal

The Dow Jones and S&P 500 rose to record highs on Wall Street last night following a volatile session marked the signing of the long-awaited US-China trade agreement.

Business • 16 Jan 20

Optimism over international trade talks boost stocks on Wall Street

Dow, S&P 500, Nasdaq end at records on trade optimism

Wall Street stocks surged to new record highs last night on optimism over international trade talks and continued positive momentum from solid economic data and earnings.

Business • 05 Nov 19

A slowdown in the global economy and ongoing trade tensions could hit earnings in the second half of 2019 for Wall Street companies

Wall Street firms record best H1 profit in a decade

Wall Street firms recorded their best first half in a decade as profits rose 11%, but a slowdown in the global economy and ongoing trade tensions could hit earnings in the second half of 2019.

Business • 25 Oct 19

Caterpillar today reported a 13% slide in Asia sales driven by weakening demand in China

Caterpillar cuts profit outlook as China sales slump

Industrial bellwether Caterpillar fell short of Wall Street estimates for quarterly profit today and cut its forecast for overall earnings in 2019.

Business • 23 Oct 19

Sources say the Trump administration was considering delisting Chinese companies from US stock exchanges

China says 'decoupling' from US would harm both sides

China has warned today of instability in international markets from any "decoupling" of China and the US.

Business • 30 Sep 19

Dire economic data from China and Germany suggested a faltering global economy

Main US indices drop 3% as recession worries bite

Wall Street sold off sharply today as recession fears gripped the market after the U.S. Treasury yield curve temporarily inverted for the first time in 12 years.

Business • 14 Aug 19

Goldman Sachs was hurt by muted fixed income trading activity and weakness in debt underwriting

Goldman Sachs profit beats forecasts on equity trading

Goldman Sachs Group today reported a better than expected quarterly profit as the Wall Street investment bank benefited from higher equity trading and an increase in lending to its wealthy clients and companies.

Business • 16 Jul 19

Uber CEO Dara Khosrowshahi says its future lies in a wide technology platform shaping logistics and transportation

Uber to price key IPO against grim market backdrop

Uber Technologies will price its initial public offering today, the most high-profile US listing since Facebook seven years ago.

Business • 09 May 19

Tesla CEO Elon Musk gives in to Wall Street pressure to boost the company's cash reserves

Tesla seeks up to $2.3 billion from share, debt issues

Tesla today launched issues of new shares and debt worth more than $2 billion, with chief executive Elon Musk pitching in $10m as the electric carmaker gave in to Wall Street pressure to bolster its cash reserves.

Business • 02 May 19

Dell Technologies, one of the top players in the PC market, returned to public markets on December 28

Dell beats revenue estimates in first report after IPO

Dell Technologies topped Wall Street estimates for quarterly revenue last night in the computer maker's first earnings report since a return to public markets.

Business • 01 Mar 19

Goldman Sachs sees a 50% probability of a ratified deal while JPMorgan sees a delay to Brexit

Deal or delay? Wall Street divided on Brexit

As the Brexit crisis deepens, two of the titans of Wall Street have starkly differing views of the ultimate outcome - Goldman Sachs sees a 50% probability of a ratified deal while JPMorgan sees a delay.

Business • 15 Feb 19

Apple's market value stood at $821.5 billion last night

Apple again the most valuable US company

Apple won back its crown as the most valuable publicly listed US company, ending yesterday's session on Wall Street with a market capitalisation above recent leaders Microsoft and Amazon.com.

Business • 07 Feb 19

The Dow Jones finished up nearly 1,100 points, or about 5%, at 22,878 last night

Wall St roars back to life in best session in 9 years

Wall Street stocks roared back to life yesterday, shaking off four routs in a row following strong retail sales data and White House reassurances that Fed Chair Jay Powell will not be fired.

Business • 27 Dec 18