Markets

Calculator, charts, economic data illustration

Exploring the ways to trade surprise economic data

By GILES COGHLAN MAY’S inflation data surprised the financial markets. Initially predicted to fall to 8.4 percent, the figures came in far hotter than expected...
Decacorn

The UK valley of the ‘decacorns’ comes alive with new entrants

THE UK RANKS third globally for $10bn tech businesses, with a total of 12 — behind the US, which has 157, and China, 38. The...
Tat Motors Pune plant

You want chips with that? Semiconductor shortage hits luxury car market

THE OWNER of Jaguar Land Rover, India’s Tata Motors, has announced a quarterly loss of more than £700m — and says a global semiconductor...
Doctor Marten boots

Suited and booted: Dr Martens laces-up for 2021 IPO

ICON of the boot-making universe, Dr Martens, has confirmed an IPO will be floated on the London Stock Exchange in February. Initial notification of the...
airbnb mobile app, bedroom, accommodation

Investors give a huge $100m vote of confidence in Airbnb flotation

IN THE biggest US listing of 2020, Airbnb’s first day of public trading has secured a valuation of more than $100bn, with more than...
Hong Kong Stock Exchange

Beijing slams the brakes on Ma’s ‘record’ Ant Group market debut

THE HONG Kong stock exchange has announced that the market debut by Jack Ma’s tech giant Ant Group has been suspended. The Ant Group listings...
Jack Ma

Jack Ma’s Ant Group goes for the world’s biggest IPO

ANT GROUP, Alibaba founder Jack Ma’s mobile payment and tech firm, hopes to raise more than $34bn in the world’s biggest IPO. That would break...
Navinder Sarao in court

Rogue trader’s abortive career ends with home detention order

A BRITISH stock market trader who caused a trillion-dollar crash on Wall Street in 2010 has been sentenced by an American court to a...
Internet sales

Bezos’ billion-dollar bid to boost India’s SME business

AMAZON founder and CEO Jeff Bezos is launching a £770m bid to bring India’s SMEs online. Bezos said his firm will invest the sum —...
Grain elevator

Energy exchange group acquires Nasdaq future and options business

ENERGY exchange EEX Group has announced an agreement with US-based Nasdaq Futures (NFX) to buy its futures and options exchange business. The German-based European Energy...