Latest Market News
The Central Bank of Ireland has engaged with financial services firms to reinforce its consumer protection expectations of all regulated firms that also operate as Direct Debit originators (DDOs). This follows a review of plans submitted from the financial services firms that are amongst the top 20 DDOs in Ireland, which set out the measures they […]
The Central Bank of Ireland welcomes today’s publication of the Central Bank (Individual Accountability Framework) Bill 2022. The Central Bank will continue to work with the Department of Finance throughout subsequent stages as the legislation progresses through the Oireachtas to enactment. Once the Bill has been enacted the Central Bank intends to publicly consult on […]
Shares of PagerDuty Inc. PD, +1.92% were falling about 1% in premarket trading Friday after Monness, Crespi, Hardt & Co. analyst Brian White downgraded the stock to neutral from buy. “The last several months have been an especially painful experience for those next-gen, software companies still young to the capital markets, and we believe the […]
Chinese officials are making plans for President Xi Jinping to visit Southeast Asia and meet face-to-face with President Joe Biden in November, according to a Wall Street Journal report citing unnamed sources. It would mark the Chinese leader’s first international trip in nearly three years and his first in-person meeting with Biden since the U.S. […]
Shares of Peloton Interactive Inc. PTON, +13.60% shot up 9.1% toward a two-month high in afternoon trading Friday, after the at-home fitness company announced price increases for its Bike+ and Tread products. Separately, Barron’s reported that Peloton was cutting nearly 800 jobs as part of a strategic overhaul. The price of the original Peloton Bike […]
Gold futures closed higher Friday, shrugging off earlier weakness, to sweep to a fourth straight week in a row of gains. Gold for December GCZ22, +0.65% GC00, +0.65% rose 0.5% on Friday, or $8.30, to settle at $1,815.50 an ounce on Comex. For the week, the most-active contract gained 1.3% to clinch its longest stretch […]