Tag Archives: Bank

Bank of America, Citigroup, and BlackRock Drive $1.7 Billion UK Investment

Bank of America, Citigroup, and BlackRock Drive .7 Billion UK Investment

Ahead of the upcoming state visit of President Donald Trump, the UK government announced over £1.25 billion ($1.69 billion) in new commitments from large U.S. financial firms. The funding is expected to create about 1,800 jobs across London, Edinburgh, Belfast, and Manchester. Officials said the investments also aim to deepen the trade link between the two countries, which the government …

Read More »

Morgan Stanley, Deutsche Bank expect three US interest rate cuts this year

Morgan Stanley, Deutsche Bank expect three US interest rate cuts this year

By Joel Jose and Akriti Shah (Reuters) – Morgan Stanley and Deutsche Bank expect the U.S. Federal Reserve to deliver interest rate cuts at all its three meetings this year, following data this week showing more modest inflation pressures. The two brokerages in separate notes said on Friday they now expect the Fed to cut rates by 25 basis points …

Read More »

Tylenol maker’s stock lost billions after a rumor linking the medicine to autism. Wall Street says buy the dip as one bank sees a ‘major overreaction’

Tylenol maker’s stock lost billions after a rumor linking the medicine to autism. Wall Street says buy the dip as one bank sees a ‘major overreaction’

This week, Kenvue, the consumer health spin-off from Johnson & Johnson, found itself at the epicenter of a market tempest this week. It began when The Wall Street Journal reported Robert F. Kennedy Jr., a longtime promoter of scientifically baseless causes for autism, planned to link Tylenol use during pregnancy to the condition. A stock rout ensued, since Kennedy is …

Read More »

Apple introduces new slim MagSafe battery bank for iPhone Air

Apple introduces new slim MagSafe battery bank for iPhone Air

At today’s ‘Awe dropping’ iPhone 17 launch event, Apple unveiled a new MagSafe battery for iPhone. It’s optimized for iPhone Air, bringing more battery life to Apple’s ultra-thin iPhone model without compromising too much on bulk. Apple says this new MagSafe Battery will add a total of 65% of additional charge to your iPhone Air, “extending battery life further than …

Read More »

China’s Central Bank Extends Gold Buying Spree to 10 Months – Bloomberg

China’s Central Bank Extends Gold Buying Spree to 10 Months  Bloomberg China’s Forex Reserves Rise in August  The Wall Street Journal How much gold will be enough to diversify China’s reserves?  Reuters China’s Foreign Reserve Rises To US$3.3 Trillion In August  BusinessToday Malaysia China Forex Reserves Highest SInce 2015  TradingView Source link

Read More »