China’s economy grows!

European stocks weak despite tailwind from Chinese output data   Economic and human cost of new Covid-19 variants weigh on investor sentiment China’s economy, the world’s second-biggest, grew 6.5% in the fourth quarter. European equity markets struggled for direction on Monday as strong economic data from China vied with concerns over a double-dip recession in…

Bitcoin’s resurgence has been attributed to a number of factors including more buying from large institutional investors

Bitcoin tops $40,000 for first time, pushing cryptocurrency market value past $1 trillion   Bitcoin smashed through $40,000 to hit a new record high on Thursday helping to lift the total value of the entire cryptocurrency market above $1 trillion for the first time. The digital coin hit an all-time high of $40,367 at around 1:17…

The biggest merger of 2020?

S&P pays $44bn for IHS Markit as financial-data providers race for scale.   IN 2003 LANCE UGGLA, a Canadian stockbroker, founded a financial-data startup in a British barn. Endowed with just $17m in seed funding and ten employees, Markit started off by providing pricing for the opaque market in credit-default swaps, hoping to tap investors’…