Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Chief Executive Officer at the Bank of America, Brian Moynihan, has predicted that the US economy would potentially reach a technical recession from the third quarter of this year. Moynihan said that… Continue reading Bank of America CEO predicts the US will enter a technical recession
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. According to Governor Gavin Newsom, the state of California will not be doing any business with Walgreens Boots Alliance. The governor published a tweet announcing this after the pharmacy retail chain said it… Continue reading California governor says the state will not work with Walgreens amid abortion pills row
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Stock prices for most US companies dropped lower on Tuesday after the US Federal Reserve chair appeared before Congress during the first day of the monetary policy testimony. The S&P 500 plunged by… Continue reading S&P 500 trades lower after Jerome Powell’s testimony
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Rivian Automotive, one of the largest car manufacturing companies, plans to sell bonds worth $1.3 billion. The company announced this earlier this week as the demand slows and lofty costs increase. The situation… Continue reading Rivian Automotive plans to sell $1.3 billion worth of bonds to raise capital
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Foxconn, formally known as Hon Hai Precision Industry Co Ltd, seeks a way into the electric vehicle industry, wishing to do for EVs what it had done for iPhones in the past. However,… Continue reading Foxconn seeks a way into the EV industry, but it is running out of time
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. SoftBank Group Corp-owned chipmaker, Arm Ltd., which is headquartered in the UK, is planning to hold an IPO in the near future. However, according to people familiar with the plan, the company plans… Continue reading SoftBank-owned Arm aims to raise $8 billion in an upcoming IPO
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. With the start of March, Tesla’s leaders have made a decision to once again re-adjust the prices of their most expensive electric vehicles for the US market. According to the company’s website, the… Continue reading Tesla cuts the price on its two most expensive EVs
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Finalto has announced the appointment of Marco Maggioni as the sales director. Maggioni will be focused on boosting the company’s liquidity and execution services targeting institutional clients. Finalto is one of the largest… Continue reading Marco Maggioni joins Finalto as the sales director
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Multibank Group has announced the appointment of Marc Aspinall as the new Chief Commercial Officer. Aspinall will operate from the company’s recently relocated headquarters in Dubai. The appointment comes as the institution looks… Continue reading Marc Aspinall takes over as COO of Multibank’s Dubai headquarters
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. According to the US Department of Justice, two American individuals involved in a $30 million fraudulent foreign exchange trading scheme have received a prison sentence of up to five years. The two individuals… Continue reading Masterminds in $30M FX fraud receive five years imprisonment
