Latest Market News

Jan 08
U.S. gains scant 199,000 jobs in December as businesses confront labor shortage and omicron

The numbers: The U.S. created a lackluster 199,000 new jobs in December, signaling that persistent labor shortages and another major coronavirus outbreak are holding back the economy. The increase in employment was well below Wall Street’s expectations. Economists polled by The Wall Street Journal had forecast 422,000 new jobs. The U.S. jobless rate, meanwhile, slipped to […]

Jan 08
Willis Towers Watson changing ticker symbol to 'WTW'

Willis Towers Watson WLTW, -1.19% said it will change its Nasdaq stock ticker symbol to “WTW” at the open of market trading on Monday, Jan. 10. No action is required from Willis Towers Watson shareholders, the company said on Friday. Willis Towers Watson CEO Carl Hess said the change, “is just one of the ways […]

Jan 08
Absci stock rockets after collaboration with Merck could lead to more than $600 million in payments

Shares of Absci Corp. ABSI, +17.10% skyrocketed 59.1% on heavy volume in premarket trading Friday, after the biotechnology company said it could be eligible to receive up to $610 million in upfront fees and milestone payments from Merck & Co. Inc. MRK, +1.86% as part of a research collaboration agreement. Trading volume ballooned to 9.7 […]

Jan 08
Papa John's to add 1,350 stores in China by 2040

Papa John’s International Inc. PZZA, +1.39% said early Friday that it has signed a franchisee development agreement with Asian private-equity firm Fountainvest Partners to open more than 1,350 locations in South China by 2040. This is the biggest franchisee deal in Papa John’s history. Fountainvest has also purchased a majority stake in another Papa John’s […]

Jan 08
Suspension of the registration of a currency exchange office

This press release is not available in English. Please consult the French or Dutch page. Source: FSMA

Jan 08
The FSMA launches a video campaign to raise the public’s awareness of online fraud

Today the Financial Services and Markets Authority (FSMA) is launching a series of awareness and prevention videos (available in French – Dutch only) on investment and credit fraud. This campaign is all the more pertinent as it is being released in these times of coronavirus crisis, characterized by lockdown and widespread teleworking, increasingly exposing consumers […]