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BPESY News

Stocks Trade More Firmly in the Green After Comey's Prepared Testimony Is Released

Stocks wade further into the green on Wednesday afternoon after former FBI director James Comey's prepared testimony is made public.

Banco Santander racks up year's biggest gain after taking over failing rival

The ECB has adopted a so-called "resolution decision" on the struggling Spanish lender Banco Popular.

Crude Oil Limits Gains on Wall Street After Surprise Rise in Stockpiles

Stocks move cautiously higher on Wednesday as investors wait for direction from a number of market-churning events on Thursday and a major selloff in crude kneecaps indexes.

The ECB Has Just Admitted It Is Ready to Tighten Monetary Policy

The rescue of Spain's Banco Popular heralds a time of higher interest rates.

Banco Santander Buys Banco Popular for a Buck

The European Central Bank said Wednesday it adopted a so-called "resolution decision" on Banco Popular and ordered the transfer of all of its shares and capital to Banco Santander.

Breaking News

Tesla Q2 Deliveries Slump To 254,695 As Shanghai Shutdown, Supply Chain Snarls Take Toll

Tesla said it had a record rate of production in June, but supply chain disruption and the closure of its Shanghai gigafactory triggered a slump in Q2 deliveries.

Summers, Others Cite Growing Chance of Recession

GDP shrank an annualized 1.6% in the first quarter, and some experts anticipate another drop in the second quarter.

Coinbase Faces A New Scandal

The platform denies selling proprietary customer data and announces it is expanding into several European countries.