Wells Fargo shares plunge 9% after regulatory rejection
Exclusive: Wells Fargo faces major setback as US regulators reject its resolution plan, triggering a 9% stock plunge and raising concerns over the bank's crisis management capabilities.
Exclusive: Wells Fargo faces major setback as US regulators reject its resolution plan, triggering a 9% stock plunge and raising concerns over the bank's crisis management capabilities.
Tesla's stock market crisis has triggered a staggering $56 billion collapse in Elon Musk's net worth, marking one of the most dramatic wealth destructions in corporate history and raising serious questions about the electric car giant's future.
Meta CEO Mark Zuckerberg files a bombshell lawsuit against fellow Facebook co-founder Eduardo Saverin, alleging a clandestine scheme to sell his stake in a secretive holding company. The high-stakes legal drama unfolds in Delaware's Chancery Court.
American Eagle Outfitters' share price skyrockets by a quarter following a controversial advertising campaign fronted by 'Euphoria' star Sydney Sweeney, sparking a major retail trading surge.
In a major post-Brexit shift, London becomes a key trading hub for Swiss shares like UBS, Rolex, and Richemont, with volumes soaring after a new UK-Swiss agreement.
British fintech giant Revolut secures a staggering £75 billion valuation in its latest funding round, setting the stage for a multi-million pound windfall for its 10,000+ employees through a new share scheme.
The US housing market faces a summer standstill as soaring mortgage rates force sellers to withdraw properties and leave desperate buyers in financial limbo. Property experts reveal the crisis creating a frozen market.
Global financial markets reel as former President Donald Trump floats aggressive 60% tariffs on Chinese goods, sparking fears of a renewed trade war and economic instability.
UK banking stocks suffered a dramatic sell-off following reports that Rachel Reeves is considering a new windfall tax on lenders in the upcoming autumn budget. The proposal, aimed at funding national priorities, sent shockwaves through the financial secto
The London Stock Exchange's premier index, the FTSE 100, is poised for a significant quarterly reshuffle. Insurance giant Aviva and mining titan Anglo American are set to be demoted, while online car marketplace Auto Trader is on track for promotion, refl
London's FTSE 100 index suffers significant losses as Rolls-Royce shares plummet 9% and Burberry issues profit warning, triggering widespread market anxiety.
JD Sports reports a sharp 4.2% drop in UK sales, blaming fragile consumer confidence and a 'challenging' market. The retail giant's warning signals trouble for the wider high street.
In a dramatic reversal, US restaurant chain Cracker Barrel abandons its controversial logo redesign mere hours after launch. The swift backtrack follows a ferocious investor and customer backlash, triggering a remarkable surge in the company's share price
London's FTSE 100 experienced a dramatic session with Rolls-Royce and Ocado leading gains, while mining stocks faced sharp declines. Get the full market analysis and closing figures.
JD Sports Fashion faced a severe market sell-off, with shares crashing over 20%, after its key supplier Nike issued a stark warning about slowing sales and a new cost-cutting plan, sending shockwaves through the London retail sector.
Asian shares and European futures fall sharply as investors await Fed Chair Jerome Powell's key Jackson Hole speech. Markets brace for hawkish tones on US interest rates, with the FTSE 100 set for a lower open. Live updates on global market reaction and a
Exclusive: A stark warning has been issued to UK investors hoping to hold cryptocurrencies like Bitcoin in a tax-free ISA. Experts reveal the one major pitfall that could see savers lose their valuable allowance and face a hefty tax bill.
High street stalwart WH Smith issues a severe profit warning, wiping over £180m off its market value as North American travel business struggles.
Shares in The Hut Group's nutrition division drop sharply as Coleen Rooney's legal dispute with Rebekah Varday impacts investor confidence.
Wall Street rallies after Fed Chair Jerome Powell hints at future rate cuts, sparking optimism in global markets. Intel shares and Asian indices show mixed reactions.
A little-known Australian stock, POPS, skyrocketed 7,200% in moments, turning a modest £14,000 investment into a staggering £1 million. Discover how this overnight sensation stunned traders.
Hollywood star Ashton Kutcher's investment in Soho House sends shares skyrocketing, sparking buzz in New York's financial circles.
The FTSE 100 index climbs as investors react to positive economic signals. Discover which stocks are leading the charge and what it means for your portfolio.
The Rank Group faces a sharp decline in shares after the UK government abandons proposed tax relief measures for the gaming sector, sparking industry concerns.
Ørsted, the global leader in offshore wind energy, faces a financial storm as shares nosedive by £9bn following a shock cash call. Discover the implications for the renewable energy sector.
Former Manchester City defender Micah Richards points to a bizarre factor behind a Premier League team's shocking slump this season. Find out what he claims is the real issue.
Marks & Spencer faces a major setback as Harrods terminates its partnership, sending shares tumbling. Analysts weigh in on the retail giant’s future.
The GWS Giants' recent performance has raised serious questions after a heavy loss, leaving fans and analysts worried about their future prospects in the AFL.
Crocs Inc. faces a sharp decline in share prices amid rising tariffs and waning popularity of its signature 'ugly' footwear. What's next for the brand?
The Duchess of Sussex's latest venture into winemaking struggles to attract buyers, raising questions about the market appeal of celebrity-endorsed products.