Wall Street retreats as business activity slows


(Reuters) – Wall Street’s main indexes fell on Wednesday as data showing a slowdown in domestic business activity and a stalemate in Congress over more fiscal stimulus raised fears of a choppy economic recovery from a pandemic-driven recession.The 11 Wall St. door of the New […]

S&P 500, Nasdaq retreat as business activity dips


(Reuters) – The S&P 500 and the Nasdaq retreated on Wednesday as data showed domestic business activity nudged down in September, while a record high for Nike following a strong quarterly earnings report boosted the blue-chip Dow.The 11 Wall St. door of the New York […]

No new 2p or £2 coins to be made for 10 years


Anyone who likes to see a new production date on their coins is set for a disappointing decade. The Royal Mint has no plans to make new 2p or £2 coins for the next 10 years. A coin mountain lies in storage as demand has […]

TransferWise doubles annual profit, adds millions of customers


LONDON (BLOOMBERG) – TransferWise said annual profit more than doubled as it attracted millions of new customers with an expansion of its money-transfer business around the world. Pretax profit for the year ended March 31 rose to £20.4 million (S$35.5 million) from £10.1 million a […]

European stocks rebound slightly, supported by oil and tobacco


(Reuters) – A jump in oil and tobacco shares helped European stocks close higher on Tuesday, with the main indexes partially recovering from a selloff triggered by fears of new lockdowns as COVID-19 cases spike across the continent.FILE PHOTO: The German share price index DAX […]