George Glover

George Glover covers markets and the economy from Business Insider's London office. Contact him via email at gglover@insider.com or direct message him on Twitter @GTAGlover.

Economy 2023-09-04T14:34:10Z

Kevin O'Leary warns of economic chaos, with the Fed's aggressive rate hikes set to crush small businesses

The "Shark Tank" investor is worried about the impact that the central bank's tightening campaign could have on small businesses.
Economy 2023-09-04T10:54:19Z

Never mind deflation and the property crisis - a brain drain could be the next big threat to China's economy

Net emigration has jumped in recent years, with tens of thousands of wealthy people choosing to leave China.
Markets 2023-09-04T09:03:04Z

Stocks tend to plummet in September - but expect a better month this year, Bank of America says

The S&P 500 tends to slide 0.7% on average in September but its surge year-to-date means it's well-placed to buck the trend, strategists said.
Military & Defense 2023-09-02T14:41:36Z

NATO-trained Ukrainian recruits admit they're being overpowered by Russia's battle-hardened troops in the northern sector, Kyiv Independent reports

"Everything is not like what you read on the news," one disheartened Ukrainian soldier fighting east of Kharkiv told the Kyiv Independent.
Military & Defense 2023-09-02T14:27:49Z

Russia's new 'sea of fire' tactic makes it even more treacherous for Ukraine to clear minefields, report says

Russia is using drones to drop grenades on minefields and create a "sea of fire and explosions," Ukrainian marines told the New York Times.
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Science 2023-09-02T13:51:18Z

Shipwreck hunters found a schooner that sank in 1881 intact in Lake Michigan

The Trinidad is so well-preserved that its anchor, deck gear, and crew's possessions are all still present, the maritime historians said.
Markets 2023-09-02T09:24:28Z

The winners and losers from a so-so August that threatened to stop the 2023 stock market rally in its tracks

August's often a tough month for markets as investors head off on vacation and trading volume plunges – and 2023 proved to be no exception.
Markets 2023-09-01T14:26:50Z

Oil is on pace for its best week since April with Russia set to join Saudi Arabia in pumping out less crude

Oil prices are up 6% over the past five days, with Russia poised to announce production cuts next week.
Economy 2023-09-01T11:32:43Z

Huge government spending is undermining the Fed's inflation battle, markets guru Larry McDonald warns

"Washington is stepping on the gas and the brakes at the same time," the Bear Traps Report founder said on Thursday.
Markets 2023-09-01T09:09:42Z

China tries again to support its battered economy, bringing in new measures to boost the yuan

The renminbi has plummeted against the dollar this year, with growth stagnating and China battling a property crisis.
Economy 2023-08-31T11:41:46Z

The US is likely to dodge a recession in a dream soft-landing scenario, Morgan Stanley's top economist says

"Boy, the data are surprising to the upside," the bank's global chief economist Seth Carpenter said Wednesday.
Markets 2023-08-31T09:35:04Z

Welcome to a new era of stock-picking, BlackRock strategist says

The pandemic has ushered in a new era for investing where "picking winners" matters above all else, BlackRock's Helen Jewell told Insider.
Markets 2023-08-30T14:39:25Z

Saudi Arabia may stick with its oil cuts as the nation tries to raise more money to fund its lavish spending projects

The Gulf Kingdom has slashed its crude output in recent months, in a bid to drive up benchmark prices.
Markets 2023-08-30T10:42:38Z

Vin Fast suffered an $83 billion wipeout after the EV start-up's shares plunged 44% in a single day

The Vietnamese EV maker had enjoyed a stunning stock-market debut despite only expecting to sell 50,000 cars this year.
Markets 2023-08-30T09:27:46Z

De-dollarization won't happen anytime soon as 'it's not so easy' to beat the greenback, Indian minister says

The buck is likely to remain the dominant currency in international trade, India's oil and gas minister Hardeep Singh Puri told CNBC.
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Markets 2023-08-29T11:25:14Z

Nvidia's stock is the cheapest in 8 months, according to this key market metric

The chipmaking giant's forward price-to-earnings ratio has tumbled to its lowest level since December 2022, according to data from Refinitiv.
Markets 2023-08-29T09:19:55Z

Tech stocks will start rallying again soon thanks to the AI 'tidal wave', Wedbush says

"Despite a stubborn 10-year and the Fed, tech goes higher," analyst Dan Ives wrote in a Monday research note.
Markets 2023-08-20T09:00:01Z

The biggest threat to the dollar is the US itself, top economist Benn Steil warns

Debt-ceiling standoffs and "growing weaponization" could undermine the currency, Benn Steil has warned.
Economy 2023-08-19T10:00:43Z

These 6 shocking twists show just how bad China's economy is right now, says Bank of America

China is battling an economic slump as growth stagnates, stocks struggle, and youth unemployment spikes.
Markets 2023-08-18T09:27:20Z

China fuels US bond rout by slashing holdings to 14-year low as Washington-Beijing tensions drag on

US Treasury prices have tanked in 2023, with investors fretting about the Federal Reserve's interest-rate hikes.
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