Snap Reports Earnings
On Wednesday, February 7, Snap’s share price showed a 30% drop in morning trading.
Finance & Economics - page 46
Moody’s Downgrades New York Community Bancorp
New York Community Bancorp, which is a financial institution that is part of the structure of the American regional banking sector last Tuesday, February 6, faced a serious problem in the form of a credit rating downgrade to junk status, the decision on which was made by experts at Moody’s Investors Service.
14th Africa Bank 4.0 Summit – Pan Africa
29th & 30th of May 2024 #africanbanksummit Event Link: https://www.biiafricabanksummit.com Event Registration: https://www.biiafricabanksummit.com/register/ Download Event Agenda: https://www.biiafricabanksummit.com/download-agenda/ The 14th Africa Bank 4.0 Summit – Pan Africa is a prestigious international gathering that brings together key stakeholders in the banking and financial industry to explore the latest trends, innovations, and strategies shaping the future of banking in the African region. CONFEX: 29th & […]
SoftBank Poises for Best Quarter in Years
After a period of setbacks, when prospects are shrouded in fog or completely disappear into impenetrable darkness, Masayoshi Son seems to have received a reason for positive news about the activities of the SoftBank Group Corp. headed by him, which is that this business structure plunged into one of the best quarters in recent years […]
Xi Jinping Reportedly to Discuss China Stocks With Regulators
The media reported that regulators intend to inform the head of the People’s Republic of China Xi Jinping about the stock market situation.
UBS Restarts Buybacks
UBS Group AG has announced its intention to resume share buyback in the current year.
Sri Lanka Eyes $5 Billion in Foreign Funds
Sri Lanka expects to raise about $5 billion in foreign funds over the next two years.
China’s Services Activity Expands at Slow Pace
In China, an increase in the level of activity in the local sphere of services was recorded last month, the intensity of which turned out to be lower than the indicator of preliminary expectations regarding this parameter of the functioning of the corresponding area.
Jeff Bezos Plans to Sell Up to 50 Million Amazon Shares
Jeff Bezos intends to sell up to 50 million shares of Amazon.com Inc. over the next 12 months.
India to Review Tax on Online Gaming
India intends to review the national sales tax regime for companies that operate in the sphere of online gaming after March of the current year.
UniCredit Shares Demonstrate Growth
UniCredit SpA Bank reported revenue, which turned out to be the highest in more than eight years.
IMF Chief Says About Advantage of Late Fed Rate Cuts
The head of the International Monetary Fund, Kristalina Georgieva, said that the Federal Reserve and other major central banks face great risks if they decide to ease monetary policy too early.
Meta, Amazon Surge by $272 Billion
The e-commerce giant Amazon and one of the largest players in the global technological industry Meta have been focused over the past year on implementing measures aimed at reducing costs and reorienting their business.
Bank of England Opens Prospect of Rate Cuts in 2024
For the first time since the beginning of the coronavirus pandemic, the Bank of England opened the door to cut interest rates, confirming forecasts that the inflation rate will reach the target level in the coming spring, and warning of the likelihood of renewed price pressure.
German Prices Ease More Than Expected
At the beginning of the current year, inflation in Germany showed a slowdown, the pace of which turned out to be more significant than initial expectations for the dynamic of the decrease in the intensity of growth in the cost of goods and services.
Probability of Interest Rate Cut by Bank of England Grows
The Bank of England on Thursday, February 1, is likely to keep the interest rates at 5.25%, keeping this indicator within what can be described as sustainable stability.
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