Finance & Economics - page 6

Articles

How to Set Up a Bank Account in UAE for Non-Residents

Opening a Non-Resident Bank Account in the UAE presents a valuable financial opportunity for those wanting to leverage Dubai’s thriving economy, growing e-commerce sector and favorable tax environment without residency requirements. This overview explains the steps and benefits of establishing such an account. These accounts are designed for a range of clients, including expatriates, global […]

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UK Economy Returns to Growth

In the United Kingdom, the local economic system has returned to a growth trajectory, which put UK Prime Minister Keir Starmer on track for a modest recovery before worries about his first budget became a factor of pressure on sentiment.

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US Consumer Sentiment Declines

In the United States, consumer sentiment has been deteriorating in the current month, as residents of the country continue to be frustrated with the high level of prices for goods and services.

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BlackRock Hits $11.5 Trillion of Assets

Last quarter, BlackRock Inc. pulled a record $221 billion in total customer cash.

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Wells Fargo Reports Third-Quarter Earnings

Wells Fargo on Friday, October 11, released information about its earnings for the third quarter of the current year.

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JPMorgan Chase Earnings Exceed Estimates

JPMorgan Chase has released information about earnings in the third quarter of the current year, which exceeded preliminary forecasts for the dynamic of the corresponding indicator.

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US Inflation Rate Tops Expectations

In September, in the United States, the rate of price growth demonstrated a level that exceeded preliminary expectations for the dynamic of the corresponding indicator.

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Sustainable Funds Outperform Traditional Ones in H1 2024

Sustainable funds saw inflows of $20 billion in the first half of 2024, with assets rising to $3.5 trillion.

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JPMorgan Chase CEO Says Regulators Make It Difficult for Companies to Go Public

JPMorgan Chase chief executive officer Jamie Dimon said last Tuesday, October 8, during a conversation with media representatives that in the United States and the United Kingdom, local regulators made it difficult for companies to go public.

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Hurricane Milton Reportedly to Cause Significant Economic Damage

Leading Wall Street analysts argue that Hurricane Milton, which bears down once a century, can cause more than $50 billion in material damage, under a scenario that can be conditionally characterized as moderate, but in the case of a more negative configuration of the situation associated with a natural disaster, the mentioned indicator may grow […]

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World Bank Warns of Probable Slowdown in China’s Economic Growth

The World Bank warns that the growth rate of the Chinese economic system, which is currently the second largest in the world, is likely to continue on a downward trajectory next year.

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European Investment Bank Seeks to Provide Greater Support to Startups

The European Investment Bank said on Monday, October 7, that the finance ministers of the European Union countries welcomed its Action Plan to deepen regional capital markets and provide more support to startups.

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US Big Banks Lending Income Reportedly to Hit Two-Year Low

The media reports that new reports on the performance of the largest banks in the United States will contain data according to which these lenders have received income from lending which is the lowest for the last two years.

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Tensions Rise Between UK Banks and Tech Companies

Currently, in the United Kingdom, there is an increase in tension between banks and technology companies specializing in the implementation of activities in the social media area, in the context of the question of which party should be responsible for paying compensation to people who have become victims of fraudulent crimes in the Internet space.

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Global Supply Chain Pressure Demonstrates Weakening

An index tracked by the New York Federal Reserve on Friday, October 4, testified that the resolution of the strike at United States ports is likely to be a factor in reducing pressure on global supply chains.

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Experian Buys Cyber Security Firm ClearSale

Credit data company Experian has agreed to buy firm ClearSale, which specializes in carrying out activities in the cybersecurity area.

Finance & Economics