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Croatia
Croatia’s centre-right ruling party on track to come out ahead after snap poll
...Milanović, a maverick leftwing politician formerly affiliated with the Social Democratic party, dissolved Croatia’s parliament and triggered Wednesday’s snap vote — and took the unusual step of campaigning...
April 17, 2024
Reddit Inc
Reddit’s pre-IPO roadshow to kick off next week
...Patrick Murphy, a partner at GTS, said: “Twitter, Snap and Pinterest all had successful prints, all closed above the pricing, all traded 100 per cent of their float on the first day and all traded on the...
March 7, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
News updates from April 17: UK inflation falls less than expected; Boeing engineer says safety concerns are ignored
Airline stocks soar as Wall Street snaps three-day losing streak
...US stocks rose on Wednesday, rebounding from a three-day losing streak as traders weighed the latest corporate earnings reports and awaited further signals on how the Federal Reserve might start cutting...
April 17, 2024
Snap Inc
Snap shares sink 35% as revenue falls short of Wall Street expectations
...Snap on Monday said it would cut its headcount by about 10 per cent, or more than 500 employees....
February 7, 2024
News updates from February 7: Netanyahu rejects Hamas ceasefire demand, Disney unveils $3bn buyback
Snap shares plunge as revenue growth misses Wall Street forecasts
...Snap shares plunged 30 per cent on Tuesday after quarterly revenue growth fell short of Wall Street expectations in an earnings report that came a day after the company announced sweeping lay-offs....
February 6, 2024
News updates from February 6: US court denies Trump presidential immunity, Boeing jet in Alaska Airlines blowout was missing bolts
Snap shares plunge 30% as revenue growth misses Wall Street forecasts
...Snap shares plunged 30 per cent on Tuesday after its quarterly revenue growth fell shy of Wall Street expectations in an earnings report that came a day after the Snapchat parent announced sweeping lay-offs...
February 6, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
News updates from January 16: Fed’s Waller says 2% inflation in sight, Senior Tories resign over Rwanda bill
Japanese stocks on track to snap 8-session winning streak
...Asian equities and US Treasuries declined on Tuesday, with Japanese stocks on course to snap an eight-session winning streak....
January 16, 2024
Unhedged
Valuing Reddit, take 2 Premium content
...The second-tier players — Twitter, Snap, Pinterest and Reddit — take the scraps....
March 28, 2024
Spanish politics
Snap poll in Catalonia rocks Pedro Sánchez’s plans in Spain
...Catalan political turmoil is obstructing Pedro Sánchez’s agenda again after a snap regional election forced the Spanish prime minister to abandon the 2024 budget....
March 14, 2024
News in-depthPensions industry
UK pension funds snap up real estate at steep discounts
...Some of the UK’s biggest pension plans are taking advantage of steep price discounts to snap up real estate and other private assets, as fellow retirement funds put their harder-to-sell holdings on to the...
March 19, 2024
AI and jobs
Tech companies axe 34,000 jobs since start of year in pivot to AI
...But the Snap example was a response to an “existential crisis about whether they’ll be around in two years or so”, said Keum....
February 11, 2024
UK politics
Rishi Sunak could use Budget to call snap May UK election, warns Labour
...A new YouGov poll on Friday gave Starmer’s party a huge 26-point lead, with Labour on 46 per cent and the Tories on 20 per cent....
March 1, 2024
LexIPOs
Reddit IPO targets low float and low valuation Premium content
...On Monday, it announced plans to lay off a 10th of its workforce. Reddit is unlikely to attempt a Snap-style voting right division....
February 6, 2024
News updates from December 4: Spotify and Telefónica slash jobs, Qatar cuts stake in Barclays
Sky snaps up most Premier League matches in £6.7bn broadcast deal
...The remaining package of games on Saturday lunchtime has been acquired by TNT, the broadcaster co-owned by BT and Warner Brothers Discovery. Read more here...
December 4, 2023
Natural gas
European gas prices cool as traders shrug off cold snap
...The benchmark, traded on the Intercontinental Exchange, fell as much as 2.5 per cent to €30.15 megawatt hour on Thursday, defying the wintry conditions that have swept across the region this week....
January 11, 2024
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 21 NovemberNatural History Museum, Cromwell Road, London, UK
News updates from November 9: S&P 500 snaps win streak, Ransomware attack disrupts Chinese lender ICBC
Portugal to hold snap election in March after PM resignation
...Portugal’s president called a snap general election in March next year, following the shock resignation of prime minister António Costa....
November 9, 2023
News updates from November 11: Moody’s cuts US credit outlook cut to ‘negative’, Lagarde chucks hopes of early rate cuts
Portugal to hold snap election in March after PM resignation
...Portugal’s president has called a snap general election for March next year, following the shock resignation of Prime Minister António Costa....
November 9, 2023
Media
Hollywood snaps back into action after actors reach deal to end strikes
...Disney on Wednesday said it would cut its spending on content by another $2bn next year to about $25bn — well below the $30bn it spent in 2022....
November 10, 2023
Chinese equities
Chinese stocks snap rally as investors turn sceptical over state support
...The losses on Friday followed a move by US lawmakers on Thursday to introduce legislation to block some Chinese biotech companies from contracts with the US federal government....
January 26, 2024
News updates from October 24: Alphabet’s cloud unit misses on sales, UK unemployment rises to 4.2%
US stocks snap five-day losing streak
...The Treasury market was calmer after wild swings on Monday. The benchmark 10-year yield dipped 0.03 percentage points to 4.81 per cent. Lower yields reflect higher prices....
October 24, 2023
News updates from October 25: Mike Johnson elected US House Speaker, Israel ‘preparing a ground invasion’ of Gaza
US stocks snap five-day losing streak
...The Treasury market was calmer after wild swings on Monday. The benchmark 10-year yield dipped 0.03 percentage points to 4.81 per cent. Lower yields reflect higher prices....
October 25, 2023
News updates from November 9: S&P 500 snaps win streak, Ransomware attack disrupts Chinese lender ICBC
S&P 500 snaps eight-day win streak as Treasury yields soar
...The 30-year yield added 0.12 percentage points to 4.78 per cent — extending its climb after a long-dated Treasury auction on Thursday. Bond yields rise as their prices fall....
November 9, 2023
Serbia
Serbian opposition challenges Aleksandar Vučić’s grip on power in snap vote
...“We called the people out on the streets nationwide.”...
December 16, 2023
LexTikTok Inc
TikTok’s value would be cut in a forced sale Premium content
...Valued on a sales multiple closer to lossmaking peer Snap, it would be priced at about $88bn. If a sale were limited to US users, the revenue used in the calculation would be smaller....
March 14, 2024
Pound Sterling
Asset managers snap up sterling as UK inflation concerns linger
...“This means that the cost of hedging sterling exposures based on forward rates will become more expensive,” he said....
December 13, 2023

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