Finance & Economics

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BNP Paribas First-Quarter Profit Beats Forecasts

BNP Paribas Bank on Thursday, April 25, released earnings data for the first quarter of 2024, which exceeded preliminary expectations.

News

South Korea Q1 GDP Growth Exceeds Estimates

South Korea’s economy showed growth in the first quarter of 2024, which turned out to be the fastest in more than two years.

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Barclays Reports Earnings

On Thursday, April 25, Barclays shares rose in price by 4% after this financial institution, based in London, published information on net income attributable to shareholders for the first quarter of the current year.

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Switzerland Says About UBS’s Likely Need for Money

A year after the bankruptcy of Credit Suisse, the Swiss government announced the likelihood that UBS would have to find up to $27 billion to absorb potential losses and prevent a banking collapse, which could be a very sensitive event for the country’s financial system.

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Rippling Announces New Fundraising

Rippling, the workforce management platform that unifies HR, IT, finance, and more, announced on Monday, April 22, that it has managed to raise new funding for $200 million.

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Alphabet’s Cash Boom Stimulates Dividend Hopes on Wall Street

Alphabet Inc. receives so much cash that against this background, hopes are growing that it will be able to take the page out of the playbook of Meta Platforms Inc. and start paying dividends.

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Trendy Fashion Retailer Express Files for Bankruptcy

Trendy fashion retailer Express Inc. has filed for bankruptcy.

Articles

A Guide to the Best Supply Chain Analytics Software of 2024

Supply chains are essential for businesses to continue operations while meeting customer demand. Despite their importance, only 22 percent of U.S. businesses have a proactive supply chain. One of the best ways to improve and protect your brand’s supply chain is through supply chain software. The best supply chain analytics software will help you identify […]

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China’s Q1 Fiscal Revenue Demonstrates Decline

In the first quarter of the current year, China’s fiscal revenue showed a decrease of 2.3% compared to the result for the same period in 2023.

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Economists Boost US GDP Outlook

Economists have raised their outlooks on the growth of the gross domestic product (GDP) of the United States.

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Bank of Canada Governor Sees Little Impact of Country Budget on Fiscal Track

Bank of Canada Governor Tiff Macklem said that the draft budget of Prime Minister Justin Trudeau did not become a factor of impact that led to changes in the concept of fiscal policy that the financial regulator formed back in November last year.

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Wagestream Raises $21.8 Million

Wagestream, a financial well-being app focused on frontline workers, was able to raise investment funds for 17.5 million pounds (about $21.8 million) as part of the financing round.

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S&P Says About Loosening of China’s Fiscal Stimulus

Yunbang Xu, senior analyst at S&P Global Ratings, said that China’s fiscal stimulus program is gradually weakening.

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MAS to Invest S$35 million to Upskill Sustainable Finance Specialists

The Sustainable Finance Jobs Transformation Map (JTM) laid out by MAS aims to support upskilling and reskilling in the financial sector and develop a new range of specialists in sustainable finance over the next three years.

Articles

Trustworthy Insurance Companies in UAE in 20024

The United Arab Emirates (UAE), a rapidly evolving and progressive country, is home to a robust and dynamic insurance sector that caters to diverse requirements and covers a broad spectrum of needs.

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Morgan Stanley Predicts Bank of England to Cut Rates in May

Morgan Stanley experts say that there is still a possibility that next month the Bank of England will begin implementing a monetary policy easing strategy, under which interest rates will be cut.

Finance & Economics