Sunday 8 December, 2019
The controversial CEO says he’s considering taking the company private.
Everybody’s worried about China.
A former top UK government adviser has some dire predictions for the global economy.
Today was ‘black Monday’ for Asian stocks – and Ireland wasn’t immune from the fallout.
The story of “one of the most intricate and sophisticated trading rings” in history.
In their excitement to get their hands on a piece of Twitter, investors bought over 11 million shares in a company that has been bankrupt for six years.
European markets have all recorded modest gains, apparently in expectation of a deal to lend Greece the cash it needs.
Euro trading lower against US dollar.
The social network debuted at $38 a share two weeks ago.
“This should have been a blockbuster. This should have traded to $60 or $70.”
Investors are also enthused by suggestions that Greece will recapitalise four of its major banks later this week.
Throughout the first day of trading, Facebook shares never dipped below $38. This chart shows why.
Spain paid a higher interest rate on the short-term bonds as markets have reacted badly to the ongoing uncertainty in Greece and the wider eurozone.
Will today’s solid performances be a good omen for the rest of the year? Investors will hope so.
European banks deposited a record €412 billion with the ECB overnight – showing that banks are worried about loaning money to each other.
Investor concerns about the stability of the eurozone have yet to be allayed by EU moves to strengthen the currency’s support system…
Buoyant upon initial news of the deal last week, the markets were not so happy today…
Relief all round….
The ECB, US Federal Reserve and central banks in Japan, Swizterland, Canada and Britain are backing a move to make it easier for banks to access dollars if they need to.
Mario Monti’s designation as prime minister appears to soothe investors, who are lowering the interest rate Italy must pay for loans.
Catch up on the day’s main stories, as well as the bits and pieces you may have missed…
Will the ECB step in tomorrow or try to wait things out?
The markets are looking a little better today.
Reports this morning that France and Germany are considering a radical restructuring of the eurozone amid uncertainty in Italy and Greece.
He survived more than 50 confidence votes but the end is nigh for the 75-year-old.
So what does that mean?
European stock markets had recorded sharp gains when they opened, but have since lost them and are broadly flat.
Christine Lagarde says there’s a “crisis of confidence”. No kidding: markets are slipping while borrowing costs are back on the up.
Concerns over US economic recovery and the eurozone debt crisis are bringing the markets down.
If the world’s markets move like the Tel Aviv Stock Exchange did today, it’ll be another few chaotic days for investors…
The Dow Jones ends its day deep in the red, as the S&P loses 6.6 per cent and the NASDAQ sheds nearly 7 per cent of its value.
5 stories, 5 minutes, 5 o’clock.
The US bond market responds brilliantly to the S&P downgrade, but the world’s stock markets are the obvious victims.
Berlusconi and Sarkozy have agreed that the meeting should happen in the coming days.
It’s fine, though: Carlos Slim and his family are still worth €46.5bn – the equivalent of 4.5 per cent of Mexico’s total economic output.
5 stories, 5 minutes, 5 o’clock.
Here’s everything you need to know about today’s worldwide fall on stock exchanges.
Nine things to know this morning…
The cost of borrowing for Europe’s strugglers is falling this morning, after leaders struck deals on gentler bailouts.
WE ARE 18 days away from Christmas – that’s 17 shopping days. That’s 408 hours (sorry).
It always seems as though there are those who get the shopping out of the way in March where some like that last minute panic on Christmas Eve.
So, this morning we want to know: Have you started your Christmas shopping?
Poll Results:
Share your story: voices@thejournal.ie
A real tree is a much greener option than one made from plastic, writes Michael Kelly.
A shower or two; windy this afternoon
Max: 7 °C
Min: 4 °C
Partly sunny
Max: 8 °C
Min: 5 °C
Windy with rain; colder in the afternoon
Max: 13 °C
Min: 3 °C
