Read articles about the stock market and stay informed about the latest developments worldwide.
The political situation is quite edgy at the moment in Italy. Fears of possible government collapse caused Alitalia’s stock price to fall to 63.25 cents, a dramatic further 9.7 percent fall.
The new US inflation data released on Friday have triggered a fresh sell-off in the London stock market, sending stocks lower from Wall Street to Europe and Asia.
Reuters reported that the global credit crisis will chop 16% of this year’s bonus payouts in the City of London. However, it seems like the credit crunch has just started sinking its teeth into the markets.
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