Investors lose $5 billion on Tesla's S&P entry

Investors lose $5 billion on Tesla's S&P entry

By Anna Domanska - Jul 07, 2021

Tesla’s entry into the S&P 500 Index has cost investors benchmarked against blue-chip US stocks more than $45bn since December. The world’s leading electric vehicle maker w

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Tata Steel at the economic crossroads

Tata Steel at the economic crossroads

By Richard Meryn - Jul 28, 2012

Tata Steel in Europe, which is the second largest steel producer in the continent, utters that there is a growing desperate need for a growth strategy in the U.K. so to overcome th

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The Dow Records its Wildest Week Since 2008

The Dow Records its Wildest Week Since 2008

By Tom Parker - Aug 12, 2011

The band-aid deficit reduction deal struck between the Democrats and Republicans in early August followed by the credit rating downgrade of the U.S by ratings agency Standard &

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Dow Responds to U.S Downgrade By Plunging Over 600 Points

Dow Responds to U.S Downgrade By Plunging Over 600 Points

By Jay Raol - Aug 09, 2011

In response to Standard & Poor’s first-ever downgrade on the outlook for the U.S economy from a triple-A rating to AA+, the Dow Jones Industrial Average reacted dramatically

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Eurozone Woes Worsen: Moody’s Cuts Debt Rating for Portugal to Junk

Eurozone Woes Worsen: Moody’s Cuts Debt Rating for Portugal to Junk

By Jay Raol - Jul 06, 2011

Despite Portugal having negotiated a 78 billion euro bail-out package in May, the credit rating agency, Moody’s Investors Service, cut the Euro country’s debt rating to junk st

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Greece PM Papandreou to Reshuffle Cabinet, enforce Austerity Plan

Greece PM Papandreou to Reshuffle Cabinet, enforce Austerity Plan

By Jay Raol - Jun 16, 2011

George Papandreou, Prime Minister of Greece, is all set to announce a new cabinet in his latest effort to further push for austerity measures; an absolute necessity if Greece wants

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Eurozone Pressures Extend beyond Greece, to Spain and Italy

Eurozone Pressures Extend beyond Greece, to Spain and Italy

By Vrushti Mawani - May 24, 2011

With Standard & Poor’s cutting their outlook on Italy’s economy from “stable” to “negative”, along with the massive political loss suffered by Spain’s Socialist P

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