Russia sues Euroclear over frozen assets

Russia sues Euroclear over frozen assets

Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Russia’s central bank has filed a lawsuit in Moscow seeking damages from Brussels-based depository Euroclear for freezing its sovereign assets, and vowed to challenge European plans to immobilise the reserves. The central bank said … Read more

How 3 of the market’s biggest 2022 losers ended up in the S&P 500 this year

How 3 of the market’s biggest 2022 losers ended up in the S&P 500 this year

Few stock market turnarounds are as dramatic as the one experienced by Carvana (CVNA). By the end of 2022, Carvana had reversed eight straight years of improving margins. The company sold more than double the number of cars in 2022 than it had in 2019, but its annual loss ballooned to nearly $2.9 billion. Now, … Read more

Could Buying TMC The Metals Company Stock Today Set You Up for Life?

Could Buying TMC The Metals Company Stock Today Set You Up for Life?

Key Points TMC The Metals Company is attempting to build a mining business. The twist is that the mining operation is slated to take place underwater. Investors should tread with caution, and recent stock price performance highlights why. 10 stocks we like better than TMC The Metals Company › There is nothing particularly special about … Read more

Client Challenge

Client Challenge

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Bitcoin dips below $90,000 as AI worries dent risk appetite

Bitcoin dips below ,000 as AI worries dent risk appetite

By Gregor Stuart Hunter SINGAPORE, Dec 11 (Reuters) – Cryptocurrencies tumbled on Thursday and bitcoin (BTC-USD) fell back below the $90,000 threshold in ​a renewed signal of market jitters as fresh concerns ‌about artificial intelligence profits weighed on technology stocks. Risk sentiment turned sour after U.S. ‌cloud firm Oracle’s profit and revenue outlook missed forecasts … Read more

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