Brazil’s central bank has raised its basic interest rate by a quarter point to 10.75 per cent, in its first resort to monetary tightening under President Luiz Inácio Lula da Silva. The institution cited a stronger than expected labour market […]
Brazil raises key interest rate as labour market strengthens Read More »
US business leaders warn ports strike would be ‘devastating’ Source link George Russell
US business leaders warn ports strike would be ‘devastating’ Read More »
Amazon has told staff that they must return to the office five days a week from the start of next year, one of the strictest corporate crackdowns on remote working that has become commonplace since the pandemic. “We’ve decided that
Bank of America hires Citi’s chief accounting officer Read More »
The week ahead: Markets brace for interest rate moves Source link George Russell
The week ahead: Markets brace for interest rate moves Read More »
Regulators have identified lapses in Wells Fargo’s anti-money laundering and financial crimes risk management practices, the latest compliance issue for the US bank. The Office of the Comptroller of the Currency, one of the main US banking regulators, said on
Trump to launch digital assets project as crypto ties deepen Read More »
The Nasdaq Composite notched its best one-day rise in a month after heavyweight tech stocks climbed, recovering from a morning sell-off. The tech-heavy index rose 2.2 per cent on Wednesday, with gains accelerating in the late afternoon. Nvidia jumped 8
Boeing chief executive pleads with workers not to strike Read More »
GameStop said it would issue more shares as the US video game retailer reported falling second-quarter revenue as consumers shunned bricks-and-mortar stores in favour of online purchases. The company said on Tuesday that proceeds from the issuance of 20mn shares
GameStop to issue shares despite falling revenue and store closure plan Read More »
Donald Trump is escalating his threats to increase tariffs on imports if he wins a second term in the White House, reviving fears of renewed trade wars that hit the global economy during his presidency. The Republican candidate, seeking to
Goldman CEO Solomon warns its trading revenue will fall Read More »
Anthony Miller © Westpac Westpac, one of Australia’s Big Four banks, named Anthony Miller on Monday as its new chief executive to succeed the retiring Peter King. Miller, currently CEO of Westpac’s Business & Wealth division, will take office in
Australia’s Westpac names Anthony Miller as new chief executive Read More »
LVMH-backed L Catterton and Airstream maker invest in RV park operator Source link George Russell
LVMH-backed L Catterton and Airstream maker invest in RV park operator Read More »
