Capital.comhttps://capital.com Stay tuned with the latest financial market news. Find financial data, live charts, ratings, trading ideas, market trends and articles. All market news in one place. en-us https://capital.com/img/logobig.png Capital.com https://capital.com VF Corp’s share price drops as earnings lag estimateshttps://capital.com/vf-corp-s-share-price-drops-as-earnings-lag-estimates Fri, 22 Oct 2021 23:02:00 +0000 Adjusted EPS and revenue up substantially, but still fall short of analyst forecasts

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finance/investments/fintech/tradinghttps://capital.com/vf-corp-s-share-price-drops-as-earnings-lag-estimatesmonte.stewart@capital.com (Monte Stewart)
Rocketfuel Blockchain price rises on regulatory filinghttps://capital.com/rocketfuel-blockchain-price-rises-on-regulatory-filing Fri, 22 Oct 2021 22:07:00 +0000 Serial tech investor Gert Funk’s company seeking to sell 10.5 million shares.

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finance/investments/fintech/tradinghttps://capital.com/rocketfuel-blockchain-price-rises-on-regulatory-filingmonte.stewart@capital.com (Monte Stewart)
Binance delays issuing Lazio coinhttps://capital.com/binance-delays-issuing-lazio-coin Fri, 22 Oct 2021 21:44:00 +0000 Company said all coins have been issued to users and it is working to optimise the process for next time. Read more...

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finance/investments/fintech/tradinghttps://capital.com/binance-delays-issuing-lazio-coinrobert.davis@capital.com (Robert Davis)
Bitcoin ETFs close week underwater as Bitcoin slides from highhttps://capital.com/bitcoin-etfs-close-week-underwater-as-bitcoin-slides-from-high Fri, 22 Oct 2021 21:22:00 +0000 Some say futures ETFs will always underperform the underlying asset. Read more...

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finance/investments/fintech/tradinghttps://capital.com/bitcoin-etfs-close-week-underwater-as-bitcoin-slides-from-highkevin.donovan@capital.com (Kevin Donovan)
Market close: Dow notches milestone finish, Tesla shares soar https://capital.com/market-close-dow-notches-milestone-finish-tesla-shares-soar Fri, 22 Oct 2021 20:39:00 +0000 S&P’s winning streak snapped, ends week in green. Read more...

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finance/investments/fintech/tradinghttps://capital.com/market-close-dow-notches-milestone-finish-tesla-shares-soarjoseph.toppe@capital.com (Joseph Toppe)
SpaceX to double its $100bn valuation if satellite internet takes off https://capital.com/spacex-to-double-its-100bn-valuation-if-satellite-internet-takes-off Fri, 22 Oct 2021 20:36:00 +0000 Elon Musk’s space venture could become a space telecom and finds itself well ahead of the competition. Read more...

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finance/investments/fintech/tradinghttps://capital.com/spacex-to-double-its-100bn-valuation-if-satellite-internet-takes-offwilliam.hoffman@capital.com (William Hoffman)
AMEX beats Wall Street expectations in Q3https://capital.com/amex-beats-wall-street-expectations-in-q3 Fri, 22 Oct 2021 20:25:00 +0000 Company expects solid growth in the future because of young consumer spending. Read more...

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finance/investments/fintech/tradinghttps://capital.com/amex-beats-wall-street-expectations-in-q3robert.davis@capital.com (Robert Davis)
Beyond Meat down 11.7% after lowering 3Q 2021 revenue guidance https://capital.com/beyond-meat-down-11-7-after-lowering-3q-2021-revenue-guidance Fri, 22 Oct 2021 20:16:00 +0000 Bioengineered meat manufacturer blames Delta variant, inclement weather for lower revenues. Read more...

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finance/investments/fintech/tradinghttps://capital.com/beyond-meat-down-11-7-after-lowering-3q-2021-revenue-guidancekevin.donovan@capital.com (Kevin Donovan)
Crude futures climb for 9th straight weekhttps://capital.com/crude-futures-climb-for-9th-straight-week Fri, 22 Oct 2021 19:01:00 +0000 Oil prices slumped a bit but then rallied upon the release of a report from the US Energy Information Administration. Read more...

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finance/investments/fintech/tradinghttps://capital.com/crude-futures-climb-for-9th-straight-weekDaniel.Tyson@currency.com (Daniel Tyson)
Stronghold Digital Mining looking to grow after IPOhttps://capital.com/stronghold-digital-mining-looking-to-grow-after-ipo Fri, 22 Oct 2021 18:36:00 +0000

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finance/investments/fintech/tradinghttps://capital.com/stronghold-digital-mining-looking-to-grow-after-ipomonte.stewart@capital.com (Monte Stewart)
The first Bitcoin ETF explained: What you need to knowhttps://capital.com/the-first-bitcoin-etf-explained-what-you-need-to-know Fri, 22 Oct 2021 17:48:00 +0000 he ever-evolving world of cryptocurrency funds now includes Bitcoin ETFs. Find out what they mean for investors…

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finance/investments/fintech/tradinghttps://capital.com/the-first-bitcoin-etf-explained-what-you-need-to-know
Pound to euro forecast: Can the rate rise towards 1.20?https://capital.com/gbp-to-eur-forecast-2021 Fri, 22 Oct 2021 17:44:29 +0000 After gaining over 5% this year, is there more upside for the pair? Read on for the latest GBP/EUR predictions round-up to learn more.

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finance/investments/fintech/tradinghttps://capital.com/gbp-to-eur-forecast-2021
EUR/PLN forecast: Buoyed by zloty’s underperformance? https://capital.com/eur-pln-forecast-buoyed-by-zloty-s-underperformance Fri, 22 Oct 2021 17:01:00 +0000 The forex (FX) pair struggled through a volatile ride amid Warsaw’s clash with Brussels and the Polish interest-rate hike. Read on to see how these developments have affected the latest EUR to PLN forecast…

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finance/investments/fintech/tradinghttps://capital.com/eur-pln-forecast-buoyed-by-zloty-s-underperformance
Binance.US blames Bitcoin flash crash on investor bughttps://capital.com/binance-us-blames-bitcoin-flash-crash-on-investor-bug Fri, 22 Oct 2021 17:00:00 +0000 Some are asking why better safeguards were not already in place. Read more…

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finance/investments/fintech/tradinghttps://capital.com/binance-us-blames-bitcoin-flash-crash-on-investor-bugrobert.davis@capital.com (Robert Davis)
Tesla reaches new high after report swoons investors https://capital.com/tesla-reaches-new-high-after-report-swoons-investors Fri, 22 Oct 2021 16:55:00 +0000 EV-maker’s market cap peaks at $850bn. Read more...

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finance/investments/fintech/tradinghttps://capital.com/tesla-reaches-new-high-after-report-swoons-investorsjoseph.toppe@capital.com (Joseph Toppe)
Platinum price forecast: where to next for the metal?https://capital.com/platinum-price-forecast-where-to-next-for-the-metal Fri, 22 Oct 2021 16:49:11 +0000 What’s next as the market rebounds after a sharp decline in September? Read on for the latest platinum price prediction round-up to learn more.

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finance/investments/fintech/tradinghttps://capital.com/platinum-price-forecast-where-to-next-for-the-metal
Increased Honeywell earnings fail to impress investorshttps://capital.com/increased-honeywell-earnings-fail-to-impress-investors Fri, 22 Oct 2021 16:43:00 +0000 Labour and parts shortage caused readjusted outlook. Read more...

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finance/investments/fintech/tradinghttps://capital.com/increased-honeywell-earnings-fail-to-impress-investorsDaniel.Tyson@currency.com (Daniel Tyson)
Mid-day: S&P slips in early trading as Tesla skyrockets https://capital.com/mid-day-s-p-slips-in-early-trading-as-tesla-skyrockets Fri, 22 Oct 2021 16:28:00 +0000 Nasdaq loses ground early on tech stock. Read more...

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finance/investments/fintech/tradinghttps://capital.com/mid-day-s-p-slips-in-early-trading-as-tesla-skyrocketsjoseph.toppe@capital.com (Joseph Toppe)
23andMe to enter primary care with Lemonaid acquisition https://capital.com/23andme-to-enter-primary-care-with-lemonaid-acquisition Fri, 22 Oct 2021 16:19:00 +0000 The genetics company is set to buy Lemonaid Health for $400m in a cash and shares transaction that could transform its consumer business. Read more...

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finance/investments/fintech/tradinghttps://capital.com/23andme-to-enter-primary-care-with-lemonaid-acquisitionwilliam.hoffman@capital.com (William Hoffman)
AMC CEO: Theatre chain could become ‘issuer of cryptocurrency’https://capital.com/amc-ceo-theatre-chain-could-become-issuer-of-cryptocurrency Fri, 22 Oct 2021 16:08:00 +0000 AMC CEO Adam Aron thanked investors who have helped the theatre company through Covid-19 lockdowns and laid out longer-term ambitions. Read more...

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finance/investments/fintech/tradinghttps://capital.com/amc-ceo-theatre-chain-could-become-issuer-of-cryptocurrencykevin.donovan@capital.com (Kevin Donovan)
US steelmaker Cleveland-Cliffs Q3 results beat expectationshttps://capital.com/us-steelmaker-cleveland-cliffs-q3-results-beat-expectations Fri, 22 Oct 2021 15:47:00 +0000 Shares up 11% in morning trading on record quarterly revenue, EBITDA and net income. Liquidity stands at $2.2bn. Read more…

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finance/investments/fintech/tradinghttps://capital.com/us-steelmaker-cleveland-cliffs-q3-results-beat-expectationsDaniel.Tyson@currency.com (Daniel Tyson)
US market-based inflation expectations jump to 16-year highhttps://capital.com/us-market-based-inflation-expectations-jump-to-16-year-high Fri, 22 Oct 2021 15:00:00 +0000 The five-year US breakeven rate rises to a 16-year high, while a similar 10-year measure rises to levels not seen since 2012. Read more

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finance/investments/fintech/tradinghttps://capital.com/us-market-based-inflation-expectations-jump-to-16-year-highPiero.Cingari@capital.com (Piero Cingari)
Tata Consumer Products logs double-digit Q2 revenue growthhttps://capital.com/tata-consumer-products-logs-double-digit-revenue-growth-in-q2 Fri, 22 Oct 2021 14:23:00 +0000 Shares of Tata Consumer, the world's second-largest branded tea company, fell through the week in Mumbai. Read more…

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finance/investments/fintech/tradinghttps://capital.com/tata-consumer-products-logs-double-digit-revenue-growth-in-q2munikoti.rochan@capital.com (M Rochan)
London Stock Exchange Group reports 2.1% rise in revenuehttps://capital.com/london-stock-exchange-group-reports-2-1-rise-in-revenue Fri, 22 Oct 2021 14:20:00 +0000 In a trading update published on Friday, the exchange said it was making excellent progress on the integration of data platform Refinitiv. Read more…

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finance/investments/fintech/tradinghttps://capital.com/london-stock-exchange-group-reports-2-1-rise-in-revenueangela.barnes@capital.com (Angela Barnes)
India’s Nykaa fixes IPO price, values at $7.2bnhttps://capital.com/india-s-nykaa-fixes-ipo-price-values-at-7-2bn Fri, 22 Oct 2021 14:00:00 +0000 IPO will open for subscription on 28 October and close on 1 November, according to the Red Herring Prospectus or final papers, filed by the company. Read more…

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finance/investments/fintech/tradinghttps://capital.com/india-s-nykaa-fixes-ipo-price-values-at-7-2bnvinu.lal@capital.com (Vinu Lal)
Whirlpool doubles sales growth guidancehttps://capital.com/whirlpool-doubles-sales-growth-guidance Fri, 22 Oct 2021 13:56:00 +0000 Third-quarter sales are up but the company’s shares fell on concerns that inflation will continue to weigh on profits. Read more...

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finance/investments/fintech/tradinghttps://capital.com/whirlpool-doubles-sales-growth-guidancewilliam.hoffman@capital.com (William Hoffman)
AVAX price prediction: Is the coin a buy, sell or hold?https://capital.com/avax-price-prediction-can-the-coin-maintain-its-highs Fri, 22 Oct 2021 13:13:45 +0000 Where to next for the AVAX token after gaining nearly 2,000% since the start of 2021? Read on for the latest Avalanche crypto price prediction round-up to learn more.

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finance/investments/fintech/tradinghttps://capital.com/avax-price-prediction-can-the-coin-maintain-its-highs
Chemicals company Sika sees 18% spike in saleshttps://capital.com/chemicals-company-sika-sees-18-spike-in-sales Fri, 22 Oct 2021 13:08:00 +0000 Sika reported an 18.1% increase in sales as it sold more products to the construction sector, overcoming higher raw material prices. Read more...

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finance/investments/fintech/tradinghttps://capital.com/chemicals-company-sika-sees-18-spike-in-salesangela.barnes@capital.com (Angela Barnes)
Stocks today: European markets rise as Evergrande makes crucial paymenthttps://capital.com/european-markets-rise-as-evergrande-makes-crucial-payment Fri, 22 Oct 2021 13:00:00 +0000 European stock market sentiment improves after Evergrande payment, Bank of Ireland's purchase of KBC assets. Read more

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finance/investments/fintech/tradinghttps://capital.com/european-markets-rise-as-evergrande-makes-crucial-paymentIndrabati.Lahiri@capital.com (Indrabati Lahiri)
SIG shares up on Q3 sales growth and raised outlook https://capital.com/sig-shares-up-on-q3-sales-growth-and-raised-outlook Fri, 22 Oct 2021 12:54:00 +0000 The construction materials supplier increased sales growth in the third quarter despite supply chain issues and cost inflation. Read more...

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finance/investments/fintech/tradinghttps://capital.com/sig-shares-up-on-q3-sales-growth-and-raised-outlookjennifer.reid@capital.com (Jenni Reid)
Is it socially responsible to invest in social media?https://capital.com/are-you-a-responsible-investor-if-you-buy-social-media-shares Fri, 22 Oct 2021 12:49:00 +0000 Social media companies can do good, but is it enough to uphold all environmental, social and governance principles? Read more…

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finance/investments/fintech/tradinghttps://capital.com/are-you-a-responsible-investor-if-you-buy-social-media-sharesangelique.ruzicka@capital.com (Angelique Ruzicka)
JP Morgan share price forecast: Stock set to hit fresh heights on M&A-backed boomhttps://capital.com/jp-morgan-share-price-forecast-stock-set-to-hit-fresh-heights-on-m-a-backed-boom Fri, 22 Oct 2021 12:34:00 +0000 The US bank giant rebounded since the onset of the pandemic with the help of strong M&A demand. Read on for the latest JP Morgan stock forecast…

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finance/investments/fintech/tradinghttps://capital.com/jp-morgan-share-price-forecast-stock-set-to-hit-fresh-heights-on-m-a-backed-boom
Bank of America stock forecast: Looking past coronavirus to a digital futurehttps://capital.com/bank-of-america-bac-stock-forecast Fri, 22 Oct 2021 12:25:43 +0000 Banks faced immense challenges when the pandemic hit. But following strong Q3 results, analysts have high expectations for Bank of America’s stock forecast.

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finance/investments/fintech/tradinghttps://capital.com/bank-of-america-bac-stock-forecast hermione.rosetaylor@capital.com (Hermione Taylor)
Economic preview: ECB monetary policy decision in focushttps://capital.com/economic-preview-ecb-monetary-policy-decision-in-focus Fri, 22 Oct 2021 12:13:00 +0000 European Central Bank likely to reiterate dovish stance as risks to economic recovery emerge. Read more...

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finance/investments/fintech/tradinghttps://capital.com/economic-preview-ecb-monetary-policy-decision-in-focusNeil.Dennis@capital.com (Neil Dennis)
Indian markets finish lower as traders book profitshttps://capital.com/indian-markets-end-lower-this-week-as-traders-book-profits Fri, 22 Oct 2021 11:56:00 +0000 Benchmark stock market indices in Mumbai ended lower on Friday, and for the week ending 22 October. Read more…

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finance/investments/fintech/tradinghttps://capital.com/indian-markets-end-lower-this-week-as-traders-book-profitsmunikoti.rochan@capital.com (M Rochan)
Bank of Ireland to buy KBC’s Irish loan book in €5bn dealhttps://capital.com/bank-of-ireland-to-buy-kbc-s-irish-loan-book-in-5bn-deal Fri, 22 Oct 2021 11:37:00 +0000 The deal for performing loans and deposits comes as Belgium-based KBC Group works to exit its Irish operations due to “challenging” conditions. Read more…

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finance/investments/fintech/tradinghttps://capital.com/bank-of-ireland-to-buy-kbc-s-irish-loan-book-in-5bn-dealjennifer.reid@capital.com (Jenni Reid)
Sainsbury’s ends discussions over sale of bank operationhttps://capital.com/sainsbury-s-ends-discussions-over-sale-of-bank-operation Fri, 22 Oct 2021 11:36:00 +0000 In an update on Friday, the business said it is also continuing to make progress in strengthening and simplifying its financial business. Read more…

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finance/investments/fintech/tradinghttps://capital.com/sainsbury-s-ends-discussions-over-sale-of-bank-operationangela.barnes@capital.com (Angela Barnes)
India’s fuel and gas output rises as economic activity surges https://capital.com/india-s-monthly-fuel-gas-output-rises-but-short-of-target Fri, 22 Oct 2021 11:27:00 +0000 India’s monthly fuel output rises 2.8% on 2020, with gas up 26.6%, as economic activity surges. Read more…

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finance/investments/fintech/tradinghttps://capital.com/india-s-monthly-fuel-gas-output-rises-but-short-of-targetanoop.agrawal@capital.com (Anoop Agrawal)
Sundial Growers (SNDL) stock forecast: can it return to $1?https://capital.com/sundial-growers-stock-forecast-will-sndl-go-up Fri, 22 Oct 2021 11:03:31 +0000 Estimating a SNDL stock price forecast is hard – the company’s encouraging M&A deals need to be balanced with the stock's potential for large volatility.

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finance/investments/fintech/tradinghttps://capital.com/sundial-growers-stock-forecast-will-sndl-go-up
Intercontinental Hotels posts bookings closer to pre-Covid levelshttps://capital.com/intercontinental-hotels-moves-back-towards-pre-pandemic-levels Fri, 22 Oct 2021 10:42:00 +0000 In a trading statement, the company said 200 Holiday Inn and Crowne Plaza hotels were being reviewed with improvements planned for 40 establishments. Read more.

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finance/investments/fintech/tradinghttps://capital.com/intercontinental-hotels-moves-back-towards-pre-pandemic-levelsangela.barnes@capital.com (Angela Barnes)
City watchdog asks government to prevent online fraud adshttps://capital.com/city-watchdog-asks-government-to-prevent-online-fraud-ads Fri, 22 Oct 2021 10:31:00 +0000 The UK’s financial services regulator, Financial Conduct Authority, has called on the government to introduce legislation to tackle online scam ads. Read more…

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finance/investments/fintech/tradinghttps://capital.com/city-watchdog-asks-government-to-prevent-online-fraud-adsdaniela.esnerova@capital.com (Daniela Ešnerová)
Eurozone business growth slows as prices rise https://capital.com/eurozone-business-growth-slows-as-prices-rise Fri, 22 Oct 2021 10:14:00 +0000 The composite PMI index fell as global supply bottlenecks hit both manufacturing and services and businesses passed price rises onto consumers. Read more...

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finance/investments/fintech/tradinghttps://capital.com/eurozone-business-growth-slows-as-prices-risejennifer.reid@capital.com (Jenni Reid)
India’s Yes Bank reports sharp increase in Q2 profitshttps://capital.com/india-s-yes-bank-logs Fri, 22 Oct 2021 10:13:00 +0000 Indian private lender Yes Bank’s shares drop 4.2% on Friday on the National Stock Exchange

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finance/investments/fintech/tradinghttps://capital.com/india-s-yes-bank-logsmunikoti.rochan@capital.com (M Rochan)
Essity share price surges on business expansion planshttps://capital.com/essity-expands-business-and-share-price-surges Fri, 22 Oct 2021 10:06:00 +0000 Essity says its new target will be reached through product innovation and increasing market share. Read more…

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finance/investments/fintech/tradinghttps://capital.com/essity-expands-business-and-share-price-surgesjenny.mccall@capital.com (Jenny McCall)
British pound recovers from dip on preliminary PMI datahttps://capital.com/british-pound-recovers-from-dip-on-preliminary-pmi-data Fri, 22 Oct 2021 09:52:00 +0000 The pound remained close to recent highs after recent survey data and policymaker comments underlined the threat of further inflationary pressure. Read more…

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finance/investments/fintech/tradinghttps://capital.com/british-pound-recovers-from-dip-on-preliminary-pmi-dataangela.barnes@capital.com (Angela Barnes)
PMI data for October indicates UK recovery but costs rising https://capital.com/pmi-data-for-october-indicates-uk-recovery-but-costs-rising Fri, 22 Oct 2021 09:28:00 +0000 PMI index shows UK businesses feel benefits of roll back of Covid restrictions but manufacturers suffer due to supply issues and rising costs. Read more

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finance/investments/fintech/tradinghttps://capital.com/pmi-data-for-october-indicates-uk-recovery-but-costs-risingDavid.Burrows@capital.com (David Burrows)
L’Oréal shows it’s worth it, share price rises on Q3 resulthttps://capital.com/l-or-al-shows-it-s-worth-it-as-share-price-rises-on-qt3-result Fri, 22 Oct 2021 09:10:00 +0000 French beauty company, L’Oréal, says it’s been gaining strength and is “ideally positioned to continue to grow at its pre-crisis pace”. Read more…

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finance/investments/fintech/tradinghttps://capital.com/l-or-al-shows-it-s-worth-it-as-share-price-rises-on-qt3-resultjenny.mccall@capital.com (Jenny McCall)
Australia’s Pure Hydrogen teams up with EV maker start-uphttps://capital.com/australia-s-pure-hydrogen-teams-up-with-ev-maker-start-up Fri, 22 Oct 2021 08:49:00 +0000 Australia’s Pure Hydrogen teams up with EV maker H2X Global to produce fuel cell heavy duty electric vehicle such as truck and bus. Read more…

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finance/investments/fintech/tradinghttps://capital.com/australia-s-pure-hydrogen-teams-up-with-ev-maker-start-upandreas.ismar@capital.com (Andreas Ismar)
Renewables electricity generation reaches record-high levels in Australiahttps://capital.com/renewables-electricity-generation-reaches-record-high-levels-in-australia Fri, 22 Oct 2021 08:46:00 +0000 Electricity from renewable sources supplied more than a third of power to the National Electricity Market, which also helped push down prices. Read more…

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finance/investments/fintech/tradinghttps://capital.com/renewables-electricity-generation-reaches-record-high-levels-in-australiadebabrata.das@capital.com (Debabrata Das)
Lynas Rare Earths and Orocobre report quarterly resultshttps://capital.com/lynas-rare-earths-and-orocobre-report-quarterly-results Fri, 22 Oct 2021 08:44:00 +0000 Lynas Rare Earths saw quarterly production hampered by Covid-19 related issues while lithium miner Orocobre upgraded full-year production guidance. Read more...

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finance/investments/fintech/tradinghttps://capital.com/lynas-rare-earths-and-orocobre-report-quarterly-resultsmensholong.lepcha@capital.com (Mensholong Lepcha)
JD Sports acquires Greek sports retailer Cosmos Sport https://capital.com/jd-sports-acquires-greek-sports-retailer-cosmos Fri, 22 Oct 2021 08:30:00 +0000 JD Sports has expanded its European presence, taking an 80% stake in Cosmos Sport. It will work alongside the family that founded the firm in 1982. Read more…

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finance/investments/fintech/tradinghttps://capital.com/jd-sports-acquires-greek-sports-retailer-cosmosDavid.Burrows@capital.com (David Burrows)
Gas prices to remain high this winter as shortage persistshttps://capital.com/natural-gas-prices-to-remain-high-in-winter-as-shortage-persist Fri, 22 Oct 2021 08:06:00 +0000 Shortage of coal and natural gas in Asia will keep US and UK gas prices elevated in winter as imports may not be sufficient. Read more…

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finance/investments/fintech/tradinghttps://capital.com/natural-gas-prices-to-remain-high-in-winter-as-shortage-persistFitri.Wulandari@capital.com (Fitri Wulandari )
Hong Kong's Hang Seng index sees best week since Februaryhttps://capital.com/hong-kong-s-hang-seng-index-see-best-week-since-february Fri, 22 Oct 2021 07:48:00 +0000 The Hang Seng index saw its best week in over eight months as property stocks gained on reports that Evergrande averted a dollar bond default. Read more...

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finance/investments/fintech/tradinghttps://capital.com/hong-kong-s-hang-seng-index-see-best-week-since-februarymensholong.lepcha@capital.com (Mensholong Lepcha)
ONS retail sales show UK economic recovery running out of steamhttps://capital.com/ons-retail-sales-show-uk-economic-recovery-running-out-of-steam Fri, 22 Oct 2021 07:36:00 +0000 Analysts say retailers will be concerned at the fall in retail sales as they prepare for Christmas.

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finance/investments/fintech/tradinghttps://capital.com/ons-retail-sales-show-uk-economic-recovery-running-out-of-steamjenny.mccall@capital.com (Jenny McCall)
Lenovo stock forecast: will the stock rebound after secondary listing failure?https://capital.com/lenovo-stock-forecast-news-and-analysis Fri, 22 Oct 2021 07:35:00 +0000 Will Lenovo rebound after the recent plunge, caused by the withdrawal of its secondary listing in Shanghai? Read more in our Lenovo stock forecast and analysis.

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finance/investments/fintech/tradinghttps://capital.com/lenovo-stock-forecast-news-and-analysismensholong.lepcha@capital.com (Mensholong Lepcha)
Japan core inflation rises for first time in 18 monthshttps://capital.com/japan-core-inflation-rises-for-first-time-in-18-months Fri, 22 Oct 2021 07:22:00 +0000 Japan’s consumer price inflation, barring volatile food prices, rose for the first time in 18 months in September. Read more…

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finance/investments/fintech/tradinghttps://capital.com/japan-core-inflation-rises-for-first-time-in-18-monthsandreas.ismar@capital.com (Andreas Ismar)
China sets stiff energy efficiency goals for 2025https://capital.com/china-sets-stiff-climate-goals-for-2025 Fri, 22 Oct 2021 07:21:00 +0000 Over 30% of production capacity from energy-intensive sectors will need to meet tighter norms as China aims for peak carbon emissions by 2030. Read more…

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finance/investments/fintech/tradinghttps://capital.com/china-sets-stiff-climate-goals-for-2025debabrata.das@capital.com (Debabrata Das)
TVS Motor Company's shares surge on record Q2 earningshttps://capital.com/tvs-motor-company-s-shares-surge-on-record-quarterly-earnings Fri, 22 Oct 2021 07:21:00 +0000 Indian two-wheeler major TVS Motor Company’s stock shot up by over 9% on the National Stock Exchange on Friday. Read more…

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finance/investments/fintech/tradinghttps://capital.com/tvs-motor-company-s-shares-surge-on-record-quarterly-earningsmunikoti.rochan@capital.com (M Rochan)
Chip shortage affects Renault production and sales in Q3https://capital.com/chip-shortage-impacts-renault-production-and-sales-in-q3 Fri, 22 Oct 2021 07:17:00 +0000 Group’s sales in Europe dropped by more than 25% following production shutdowns but firm insists that it is on target to achieve guidance figures. Read more…

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finance/investments/fintech/tradinghttps://capital.com/chip-shortage-impacts-renault-production-and-sales-in-q3David.Burrows@capital.com (David Burrows)
UK consumer confidence drops for third month in a rowhttps://capital.com/uk-consumer-confidence-drops-for-three-months-in-a-row Fri, 22 Oct 2021 06:23:00 +0000 Food and fuel shortages as well as inflation and interest rate fears are behind a continued drop in UK consumer confidence. Read more…

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finance/investments/fintech/tradinghttps://capital.com/uk-consumer-confidence-drops-for-three-months-in-a-rowDavid.Burrows@capital.com (David Burrows)
CBI warns UK government against business tax rises in budgethttps://capital.com/cbi-warns-uk-government-against-business-tax-rises-in-budget Fri, 22 Oct 2021 06:00:00 +0000 A fundamental reform of the business rates burden and the removal of disincentives preventing green improvements, are among the CBI’s requests. Read more…

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finance/investments/fintech/tradinghttps://capital.com/cbi-warns-uk-government-against-business-tax-rises-in-budgetangela.barnes@capital.com (Angela Barnes)
India’s LIC Housing Finance net falls 68% in September quarter https://capital.com/india-s-lic-housing-finance-net-falls-68-in-september-quarter Fri, 22 Oct 2021 05:54:00 +0000 LIC Housing Finance posted a net profit of INR7.9bn during the September quarter of the previous financial year. Read more...

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finance/investments/fintech/tradinghttps://capital.com/india-s-lic-housing-finance-net-falls-68-in-september-quartervinu.lal@capital.com (Vinu Lal)
Evergrande shares rise as company averts dollar bond defaulthttps://capital.com/evergrande-shares-rise-as-company-averts-dollar-bond-default Fri, 22 Oct 2021 05:34:00 +0000 Evergrande shares rose on reports that the cash-strapped property developer has paid off an $83.5m interest due on a dollar bond averting default. Read more…

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finance/investments/fintech/tradinghttps://capital.com/evergrande-shares-rise-as-company-averts-dollar-bond-defaultmensholong.lepcha@capital.com (Mensholong Lepcha)
Aurizon Holdings to acquire One Rail Australia for $1.8bnhttps://capital.com/aurizon-holdings-to-acquire-one-rail-australia-for-1-8bn Fri, 22 Oct 2021 05:24:00 +0000 Railway company Aurizon Holdings to acquire One Rail Australia for $1.8bn to enter new geographies and increase its non-coal bulk freight business. Read more…

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finance/investments/fintech/tradinghttps://capital.com/aurizon-holdings-to-acquire-one-rail-australia-for-1-8bnandreas.ismar@capital.com (Andreas Ismar)
Oil down for a second day as coal and gas prices soften https://capital.com/oil-snaps-second-day-losses-dragged-by-softening-coal-gas-prices Fri, 22 Oct 2021 05:20:00 +0000 Oil price down for a second day after China warns it may intervene to curb coal prices taking away support for oil. Read more...

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finance/investments/fintech/tradinghttps://capital.com/oil-snaps-second-day-losses-dragged-by-softening-coal-gas-pricesFitri.Wulandari@capital.com (Fitri Wulandari )
FTX Trading closes latest funding round with $25bn valuationhttps://capital.com/ftx-trading-closes-series-b-1-funding-round-with-25bn-valuation Fri, 22 Oct 2021 05:03:00 +0000 The Bahamas-based cryptocurrency exchange raised $420m from 69 investors, barely three months after raising $1bn in the previous round. Read more…

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finance/investments/fintech/tradinghttps://capital.com/ftx-trading-closes-series-b-1-funding-round-with-25bn-valuationdebabrata.das@capital.com (Debabrata Das)
Xapads Media bullish on Southeast Asia digital ad market https://capital.com/xapads-media-bullish-on-southeast-asia-digital-ad-market Fri, 22 Oct 2021 04:46:00 +0000 India’s Xapads Media is bullish about Southeast Asia digital ad market and opening an Indonesian office to expand its digital advertising business. Read more...

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finance/investments/fintech/tradinghttps://capital.com/xapads-media-bullish-on-southeast-asia-digital-ad-marketaaron.woolner@capital.com (Aaron Woolner)
Bitcoin retreats from ATH after Binance bug crashhttps://capital.com/bitcoin-retreats-from-ath-after-binance-bug-crash Fri, 22 Oct 2021 03:34:00 +0000 Bitcoin retreated from all-time highs to trade below $63,000 after bitcoin prices crashed over 87% on cryptocurrency exchange Binance’s US exchange. Read more...

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finance/investments/fintech/tradinghttps://capital.com/bitcoin-retreats-from-ath-after-binance-bug-crashmensholong.lepcha@capital.com (Mensholong Lepcha)
Indian shares look upbeat as SGX Nifty opens stronghttps://capital.com/indian-shares-look-upbeat-as-sgx-nifty-opens-strong Fri, 22 Oct 2021 02:52:00 +0000 Global equities had a run on Thursday with S&P 500 touching record high, aided by technology and consumer stocks. Read more…

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finance/investments/fintech/tradinghttps://capital.com/indian-shares-look-upbeat-as-sgx-nifty-opens-strongvinu.lal@capital.com (Vinu Lal)
Aussie and Kiwi dollars get back on the growth pathhttps://capital.com/aussie-and-kiwi-dollars-get-back-on-the-growth-path Fri, 22 Oct 2021 02:44:00 +0000 The Australian and New Zealand dollars started Friday with gains versus the US dollar after a falling from three-month highs hit a day earlier. Read more…

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finance/investments/fintech/tradinghttps://capital.com/aussie-and-kiwi-dollars-get-back-on-the-growth-pathdebabrata.das@capital.com (Debabrata Das)
Japan’s Shinsei Bank rejects bid from SBI Holdingshttps://capital.com/japan-s-shinsei-bank-rejects-bid-from-sbi-holdings Fri, 22 Oct 2021 02:39:00 +0000 Shinsei Bank rejects bid from financial group SBI Holdings, saying that the offer was too low, and plans to get shareholders’ nod for a defence. Read more…

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finance/investments/fintech/tradinghttps://capital.com/japan-s-shinsei-bank-rejects-bid-from-sbi-holdingsandreas.ismar@capital.com (Andreas Ismar)
BP signs 10-year deal of pipeline gas with Shenzhen Gashttps://capital.com/bp-signs-10-year-deal-of-pipeline-gas-with-shenzhen-gas Fri, 22 Oct 2021 02:34:00 +0000 The deal is the first long-term agreement in China's domestic gas market with delivery starting in 2023. Read more...

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finance/investments/fintech/tradinghttps://capital.com/bp-signs-10-year-deal-of-pipeline-gas-with-shenzhen-gasFitri.Wulandari@capital.com (Fitri Wulandari )
Intel shares fall after hours despite revenue spikehttps://capital.com/intel-shares-fall-after-hours-despite-revenue-spike Thu, 21 Oct 2021 23:06:00 +0000 Analysts question future gross margins outlook

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finance/investments/fintech/tradinghttps://capital.com/intel-shares-fall-after-hours-despite-revenue-spikemonte.stewart@capital.com (Monte Stewart)
Chipotle wraps up Q3 with optimismhttps://capital.com/chipotle-wraps-up-q3-with-optimism Thu, 21 Oct 2021 22:43:00 +0000 The US Mexican food chain Chipotle says its pricing power leads the industry in Q3 report

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finance/investments/fintech/tradinghttps://capital.com/chipotle-wraps-up-q3-with-optimismandrew.knoll@capital.com (Andrew Knoll)
Boston Beer falls flat on Q3 earningshttps://capital.com/boston-beer-falls-flat-on-q3-earnings Thu, 21 Oct 2021 21:57:00 +0000 Company is working to improve supply chain as the calendar nears 2022

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finance/investments/fintech/tradinghttps://capital.com/boston-beer-falls-flat-on-q3-earningsrobert.davis@capital.com (Robert Davis)
Snap beats EPS estimates but shares slide on revenue misshttps://capital.com/snap-beats-eps-estimates-but-shares-slide-on-revenue-miss Thu, 21 Oct 2021 20:52:00 +0000 $1.07bn revenue missed $1.10bn analyst estimates

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finance/investments/fintech/tradinghttps://capital.com/snap-beats-eps-estimates-but-shares-slide-on-revenue-misskevin.donovan@capital.com (Kevin Donovan)
Fed restricts securities trading for policymakershttps://capital.com/fed-restricts-securities-trading-for-policymakers Thu, 21 Oct 2021 20:39:00 +0000 The new rules come nearly six weeks after questionable trading activity came to light

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finance/investments/fintech/tradinghttps://capital.com/fed-restricts-securities-trading-for-policymakersrobert.davis@capital.com (Robert Davis)
Dow Chemical falls amid supply chain, oil price concerns https://capital.com/dow-chemical-falls-amid-supply-chain-oil-price-concerns Thu, 21 Oct 2021 20:32:00 +0000 The chemicals company reported strong revenue and income growth but investors focused on supply chain headwinds, read more.

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finance/investments/fintech/tradinghttps://capital.com/dow-chemical-falls-amid-supply-chain-oil-price-concernswilliam.hoffman@capital.com (William Hoffman)
Market close: S&P’s winning streak continues, hits new recordhttps://capital.com/market-close-s-p-s-winning-streak-continues-hits-new-record Thu, 21 Oct 2021 20:31:00 +0000 WeWork makes trading debut with 11% spike

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finance/investments/fintech/tradinghttps://capital.com/market-close-s-p-s-winning-streak-continues-hits-new-recordjoseph.toppe@capital.com (Joseph Toppe)
Amazon, Netflix facing employee blowback https://capital.com/amazon-netflix-facing-employee-blowback Thu, 21 Oct 2021 19:57:00 +0000 Amazon seeing new unionization push. Netflix protests anti-trans content

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finance/investments/fintech/tradinghttps://capital.com/amazon-netflix-facing-employee-blowbackandrew.knoll@capital.com (Andrew Knoll)
US federal consumer watchdog probing big tech pay serviceshttps://capital.com/us-federal-consumer-watchdog-probing-big-tech-pay-services Thu, 21 Oct 2021 19:47:00 +0000 Amazon, Apple, Facebook and Google among companies in crosshairs of the US Consumer Financial Protection Bureau

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finance/investments/fintech/tradinghttps://capital.com/us-federal-consumer-watchdog-probing-big-tech-pay-servicesmonte.stewart@capital.com (Monte Stewart)
CDC approves Johnson & Johnson and Moderna booster shotshttps://capital.com/cdc-booster-shot Thu, 21 Oct 2021 19:35:00 +0000 CDC approves Johnson & Johnson and Moderna booster shots, with single booster recommended six months after primary dose. Read more...

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finance/investments/fintech/tradinghttps://capital.com/cdc-booster-shotkevin.donovan@capital.com (Kevin Donovan)
Steelmaker Nucor sees record third quarter earningshttps://capital.com/steelmaker-nucor-sees-record-third-quarter-earnings Thu, 21 Oct 2021 19:14:00 +0000 Higher prices and sales contribute to historic earnings. Read more…

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finance/investments/fintech/tradinghttps://capital.com/steelmaker-nucor-sees-record-third-quarter-earningsDaniel.Tyson@currency.com (Daniel Tyson)
WeWork jumps as much as 12% in public debut https://capital.com/wework-jumps-as-much-as-12-in-public-debut Thu, 21 Oct 2021 18:39:00 +0000 SoftBank looms large over the company more than two years after its IPO offering went down in flames, read more.

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finance/investments/fintech/tradinghttps://capital.com/wework-jumps-as-much-as-12-in-public-debutwilliam.hoffman@capital.com (William Hoffman)
Analysts say labour shortage, inflation weighing on shareshttps://capital.com/analysts-say-labour-shortage-inflation-weighing-on-shares Thu, 21 Oct 2021 18:38:00 +0000 Wage increases and rising material costs are forcing markets to make structural changes. Read more...

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finance/investments/fintech/tradinghttps://capital.com/analysts-say-labour-shortage-inflation-weighing-on-sharesrobert.davis@capital.com (Robert Davis)
Crude oil price forecast: could rally run out of fuel?https://capital.com/crude-oil-prices-predictions Thu, 21 Oct 2021 17:36:34 +0000 Crude oil prices have been surging higher in recent months, but the rally may cool down due to demand-side risks. Read more in our long-term oil price forecast.

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finance/investments/fintech/tradinghttps://capital.com/crude-oil-prices-predictions
Mid-day: US benchmarks take step back from yesterday’s big gainshttps://capital.com/mid-day-us-benchmarks-take-step-back-from-yesterday-s-big-gains Thu, 21 Oct 2021 16:41:00 +0000 Nasdaq bucks trend as aviation stocks trade mixed

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finance/investments/fintech/tradinghttps://capital.com/mid-day-us-benchmarks-take-step-back-from-yesterday-s-big-gainsjoseph.toppe@capital.com (Joseph Toppe)
Investors devour Portillo’s shares in IPOhttps://capital.com/investors-bite-into-portillo-s-shares Thu, 21 Oct 2021 16:22:00 +0000 Portillo’s shares rose above $28 after the company priced its IPO at $20. Read more...

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finance/investments/fintech/tradinghttps://capital.com/investors-bite-into-portillo-s-sharesmonte.stewart@capital.com (Monte Stewart)
Hindenburg Research offers $1m for Tether stablecoin infohttps://capital.com/hindenburg-research-offers-1m-for-tether-stablecoin-info Thu, 21 Oct 2021 15:54:00 +0000 Inquiry is one of many into an asset that many believe has a questionable backing

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finance/investments/fintech/tradinghttps://capital.com/hindenburg-research-offers-1m-for-tether-stablecoin-inforobert.davis@capital.com (Robert Davis)
KinderCare Learning files for IPO as children returnhttps://capital.com/kindercare-learning-files-for-ipo-as-children-return Thu, 21 Oct 2021 15:38:00 +0000 Private childcare provider and educator seeks return to public trading. Read more…

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finance/investments/fintech/tradinghttps://capital.com/kindercare-learning-files-for-ipo-as-children-returnsusan.mate@capital.com (Susan Mate)
Commodity market outlook: will slowing economic growth impact prices?https://capital.com/commodity-market-forecast-2021 Thu, 21 Oct 2021 15:29:18 +0000 After hitting multi-year highs in 2021, will prices fall or rise further? Read our commodity markets analysis to learn more about the latest news and trends.

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finance/investments/fintech/tradinghttps://capital.com/commodity-market-forecast-2021
Gold on cusp of $1,800, but doubts remain https://capital.com/gold-on-cusp-of-1-800-but-doubts-remain Thu, 21 Oct 2021 15:26:00 +0000 US Treasury yield and the resignation of Bundesbank President Jens Weidmann are holding back prices. Read more...

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finance/investments/fintech/tradinghttps://capital.com/gold-on-cusp-of-1-800-but-doubts-remainDaniel.Tyson@currency.com (Daniel Tyson)
AutoNation posts strong Q3 profits as car buyers turn to usedhttps://capital.com/autonation-posts-strong-q3-profits-as-car-buyers-turn-to-used Thu, 21 Oct 2021 15:23:00 +0000 The new and used vehicle retailer posted record profits on the back of higher used vehicle sales. Read more...

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finance/investments/fintech/tradinghttps://capital.com/autonation-posts-strong-q3-profits-as-car-buyers-turn-to-usedwilliam.hoffman@capital.com (William Hoffman)
Andreessen Horowitz hires Aditya Rane for India crypto pushhttps://capital.com/andreessen-horowitz-hires-aditya-rane-for-india-crypto-push Thu, 21 Oct 2021 15:11:00 +0000 Move follows Silicon Valley firm’s investment in Indian crypto exchange CoinSwitch Kuber. Read more…

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finance/investments/fintech/tradinghttps://capital.com/andreessen-horowitz-hires-aditya-rane-for-india-crypto-pushmunikoti.rochan@capital.com (M Rochan)
Funding round values NFT platform Candy Digital at $1.5bnhttps://capital.com/funding-round-values-nft-platform-candy-digital-at-1-5bn Thu, 21 Oct 2021 14:48:00 +0000 Candy Digital is the official MLB NFT ecosystem. Read more…

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finance/investments/fintech/tradinghttps://capital.com/funding-round-values-nft-platform-candy-digital-at-1-5bnkevin.donovan@capital.com (Kevin Donovan)
Trump Media sponsor’s shares skyrockethttps://capital.com/trump-media-sponsor-shares-skyrocket Thu, 21 Oct 2021 14:34:00 +0000 Digital World Acquisition agreed to take Donald Trump’s TMTG venture public on Nasdaq, the day after the announcement its shares are up over 60%. Read more…

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finance/investments/fintech/tradinghttps://capital.com/trump-media-sponsor-shares-skyrocketgregory.boyd@capital.com (Gregory Boyd)
Valero Q3 earnings show Americans on the road againhttps://capital.com/valero-q3-earnings-show-americans-on-the-road-again Thu, 21 Oct 2021 14:29:00 +0000 Increase in auto travel boosts company

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finance/investments/fintech/tradinghttps://capital.com/valero-q3-earnings-show-americans-on-the-road-againDaniel.Tyson@currency.com (Daniel Tyson)
AT&T navigates DirecTV, WarnerMedia sales in Q3 results https://capital.com/at-t-navigates-directv-warnermedia-sales-in-q3-results Thu, 21 Oct 2021 14:02:00 +0000 The telecom posted lower revenues in the third quarter as the sale of DirecTV weighed on results. Read more…

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finance/investments/fintech/tradinghttps://capital.com/at-t-navigates-directv-warnermedia-sales-in-q3-resultswilliam.hoffman@capital.com (William Hoffman)
RELX upgrades its outlook based on demand for analyticshttps://capital.com/relx-upgrades-its-outlook-based-on-demand-for-analytics Thu, 21 Oct 2021 13:44:00 +0000 Based on performance so far this year, the business said it expected full year underlying growth rates in revenue to be above historical trends. Read more…

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finance/investments/fintech/tradinghttps://capital.com/relx-upgrades-its-outlook-based-on-demand-for-analyticsangela.barnes@capital.com (Angela Barnes)
Footwear company Crocs stomps Street expectations in Q3https://capital.com/footwear-company-crocs-stomps-street-expectations-in-q3 Thu, 21 Oct 2021 13:32:00 +0000 Footwear company Crocs reported 73% revenue growth even as it experienced disruptions at its factories. Read more...

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finance/investments/fintech/tradinghttps://capital.com/footwear-company-crocs-stomps-street-expectations-in-q3Daniel.Tyson@currency.com (Daniel Tyson)