Trade

European stock markets rebounded on Monday after what was a bleak ending to last week's trading. Stocks plummeted before markets closed on Friday as news emerged of the new Omicron coronavirus strain. Originally detected in South Africa, the strain has been located in 14 countries so far and is...

Stock markets across the Middle East have rallied this past week as a result of optimism surrounding the ongoing coronavirus vaccine rollouts taking place across several nations in the region. The front runner is the United Arab Emirates, while indexes in Israel and Oman have also increased significantly thanks to...

Elon Musk cashed in on his Tesla stock holdings earlier this week, selling 7.9 million shares worth approximately $6.9 billion. This is the second time this year that the CEO of the electric car maker offloaded Tesla stock. He previously sold 9.6 million shares back in April and got...

Biotech firm Moderna and ride-sharing company Uber have announced their intention to partner up in an effort to promote coronavirus vaccine distribution and improve ease of access. In an announcement on Tuesday, the companies revealed that the first stage of their partnership would involve providing the public with “credible information”...

Kering SA, the owner of luxury brands such as Gucci and Saint Laurent, decided to sell its 5.9% stake in Puma SE; the equivalent to a $1 billion share in the company. In total, the French company sold 8.9 million shares to the value of 90.3 euros per share....

Valued at approximately $600 million, the port of Haifa is currently an acquisition target of four investment groups, each of which is expected to launch a bid for the port by October of this year. In an effort to promote competition and reduce costs, Israel has decided to sell...

Moderna (MRNA) announced on Tuesday that European regulators have approved the biotechnology company’s right to apply early for approval of its COVID-19 vaccine. As a result, the company’s stock rose in the morning stock market trades 1.3%, which brought each stock to a price of 79.29 MRNA Chief Executive Stéphane...

MicroVision Inc has been a hot topic lately, with its shares soaring to 47% earlier this week. This has led many to believe that the meme stock trend isn't wavering in the slightest, and that we may continue to see the fruits of its labor in the future. A company...

Electric vehicle charging equipment maker Blink Charging (BLNK) enjoyed a significant rise in stock value on Friday, thanks to the electric vehicle sector drawing in significant investor interest in the past week. The Florida-based company’s stock skyrocketed by 23.6% to the price of $22.67 as trading closed, marking its fifth...

U.S. stocks opened higher on Thursday, thereby sustaining Wednesday's gains after an initial wave of concerns regarding the new Omicron variant damaged investors' confidence. While vaccine makers and epidemiologists are still in the midst of assessing the latest COVID strain's severity and transmissibility, investors' anxiety has eased up over the...