Bank Of Canada Warns Markets More Vulnerable To Sharp Correction Due To AI Concentration, Basis Trades

EU Emissions Trading Expansion And The Pressure On German Aviation Industry Submitted by Thomas Kolbe Germany’s leading airline Lufthansa is closing its regional subsidiary CityLine, while low-cost carrier Ryanair is scaling back its Germany operations. Airport locations are under increasing pressure, with tens of thousands of jobs at stake. And how does politics respond to this veritable crisis? Naturally, with further levies. In this case, it was the EU Commission that came forward with the proposal to extend the EU Emissions Trading System (ETS) to international flights departing from Europe. Another new...

PayPal Soars On Reported $53 Billion Buyout Bid From Stripe And Advent PayPal shares surged the most on record in premarket trading in New York after Reuters reported that payment company Stripe and private equity firm Advent International have offered more than $53 billion to acquire the struggling payments platform. PYPL shares are up 20% premarket...  It's biggest single-day jump since at least 2015 (which is near the lows where it is currently trading)... The proposed $60.50-a-share bid represents a roughly 28% premium to PayPal's Tuesday close, though it remains 80% below...