Finance/Venture

Recent US Inflation Report Boosts Tech Stocks, With Semiconductor Shares Rebounding

Wall Street rebounded strongly on Friday, led by a 1.63% surge in the Dow Jones, after moderate inflation data boosted hopes for an early Federal Reserve interest rate cut.


Big European Banks to Report Q2 Earnings This Week

The largest banks in Europe, such as Santander, BNP Paribas, and Deutsche Bank, are set to report their earnings for the second quarter of 2024 this week following the announcement from the European C..

Asian Share Markets Likely to Falter Following Biden's Withdrawal from White House Race

Share markets across Asia are expected to stay in the red after last week’s tech bloodbath, as well as the shock announcement of US President Joe Biden bowing out of the presidential race in November...

HSBC Promotes CFO Georges Elhedery to CEO

HSBC announced that Georges Elhedery, its chief financial officer, will become the firm’s next CEO effective Sept. 2...


Latest News

Tesla Wants to Reapprove $56 Billion Salary for Elon Musk After a Court Decision Called it 'Flawed'
Tesla wants shareholders to agree to give Elon Musk a $56 billion pay package following a void from Delaware's court ruling, prompting the EV company to move its company registration to Texas instead.
IMF: Russia's Economy to Grow Faster Than US, Other Advanced Economies Despite International Sanctions Over Ukraine
Despite international sanctions over its war in Ukraine, the International Monetary Fund (IMF) has forecasted that the economy of Russia will grow quicker than all of the advanced economies in the wor
Microsoft's $1.5 Billion Investment in AI Firm Allegedly Linked to China Raises Security Concerns
Microsoft's $1.5 billion investment in G42, an AI firm based in the UAE, faces security concerns from US officials over alleged ties to China.
JPMorgan Recruits Healthcare Banker From Deutsche Bank for Pharma Investment Team
JPMorgan Chase & Co. appoints Christopher Dass, a seasoned healthcare banker from Deutsche Bank AG, as managing director of their pharma-tech and pharma-services companies.
Wall Street Expresses Concerns Over Reddit's High User Growth But Low Share Value
Wall Street brokerages express doubts about Reddit's user growth which would reach 109 million users by 2026 as Reddit's shares fall below debut price.
Hong Kong Regulators Will Now Allow Bitcoin and Ether ETFs Amid Growing Crypto Adoption
Hong Kong's financial regulators have approved the launch of bitcoin and ether exchange-traded funds (ETFs) as part of their goal to become a 'crypto hub' in Asia.
Iran's Currency, Rial, Drops to Record Low Against US Dollar After Retaliatory Attack on Israel
Rial, the currency of Iran, experienced a historic low against the US dollar after the country's extensive missile and drone attack on Israel over the weekend.
Funding Solutions at The Centurion Pro: A Strategic and Innovative Approach to Business Finance
The rapidly changing business environment requires capital as a significant component of growth and sustainability. Yet, obtaining funding could be a significant problem for small and medium-sized ent
JPMorgan Asked By Carlyle Group to Help in the Initial Public Offering of its Company in India
JPMorgan and Kotak Mahindra Bank are enlisted by Carlyle Group to assist in Hexaware Technologies Ltd.'s upcoming IPO in Mumbai, aiming for a $1 billion raise, potentially valuing the Indian firm at $
Cryptocurrencies Tumble as Iran Launches Drone Attack on Israel; Bitcoin, Crypto Price Could Hit $500 Billion Crash
Bitcoin experienced a significant drop in value following reports of Iran's alleged retaliatory attack involving numerous drones on Israel.
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