financial news this week
- Finance
JETEX LONDON TO WOW PRIVATE JET FLYERS
This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing…
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Some in Asia Confused by Biden Strategy, Envoy Rahm Emanuel Says
Breadcrumb Trail Links PMN Business Author of the article: Bloomberg News Isabel Reynolds Publishing date: May 20, 2022 • 12 minutes…
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Oil falls on uncertainty over fuel demand recovery
Breadcrumb Trail Links PMN Business Author of the article: Reuters Mohi Narayan and Scott Disavino Publishing date: May 20, 2022…
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China cuts borrowing rate again, seeking to revive housing sector
Breadcrumb Trail Links PMN Business Author of the article: Publishing date: May 19, 2022 • 20 minutes ago • 2 minute…
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Global diesel shortages herald imminent economic slowdown: Kemp
Breadcrumb Trail Links PMN Business Author of the article: Article content LONDON — Global distillate fuel oil shortages signal the…
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Stack Capital Group Announces Election of Directors
Article content TORONTO, May 19, 2022 (GLOBE NEWSWIRE) — Stack Capital Group Inc. (“Stack Capital”) (TSX: STCK and STCK.WT) today…
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Dream Residential Real Estate Investment Trust Provides April Property Update and Announces May 2022 Monthly Distribution
Article content TORONTO — DREAM RESIDENTIAL REAL ESTATE INVESTMENT TRUST (TSX: DRR.U) (“Dream Residential REIT” or the “REIT”) today provided…
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How China’s Human Capital Impacts Its National Competitiveness
CSIS Briefs May 16, 2022 The Issue How will the strengths and weaknesses of China’s human capital impact national…
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CUPE Rectifies Pay Injustice for Members at Air Canada
Article content VANCOUVER, British Columbia — CUPE’s Air Canada Component is pleased to see progress on an important pay issue…
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Nodal Exchange Environmental Markets Hit New Daily Volume and Open Interest Records
Article content WASHINGTON & CHICAGO — Nodal Exchange posted a new daily volume record and established a record level of…
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Travel boom spurs sales of suitcases, cigarettes and cosmetics
Breadcrumb Trail Links PMN Business Author of the article: Reuters Doyinsola Oladipo Article content As more people resume travel and…
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Euro rises with focus on ECB tightening path, Swiss Franc rises
Breadcrumb Trail Links PMN Business Author of the article: Article content The euro rose on Thursday as investors priced in…
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FTSE 100 tumbles 2% on global slowdown worries
Breadcrumb Trail Links PMN Economy PMN Business Author of the article: Article content UK’s FTSE 100 tumbled on Thursday as…
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Premier Health Reports FY2022 Second Quarter Results
This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing…
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More Ukraine fighters surrendering in Mariupol, Russia says
Breadcrumb Trail Links PMN Business Author of the article: Publishing date: May 18, 2022 • 18 minutes ago • 3 minute…
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Nutrien Announces Intention to Build World’s Largest Clean Ammonia Production Facility
This section is Partnership Content supplied The content in this section is supplied by Business Wire for the purposes of…
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Russia says more Ukraine fighters surrender in Mariupol; U.S. reopens Kyiv embassy
Breadcrumb Trail Links PMN Business Author of the article: Article content KYIV/MARIUPOL — Russia said on Wednesday nearly 700 more…
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Meet the 24-year-old who quit hedge fund Citadel to get rich in blockchain network Terra. Two months later, ‘there is no Terra anymore’
At the start of 2022, Neel Somani was a quantitative research analyst working at Citadel, billionaire Ken Griffin’s powerhouse hedge-fund…
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Schroders eyes some embattled Faangs as tech names approach value stock territory
The sell-off that has wiped more than $1tn from the market value of the world’s technology giants could see some…
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Country Set to Default on Sovereign Debt: Sri Lanka Latest
Breadcrumb Trail Links PMN Business Author of the article: Bloomberg News Muneeza Naqvi Article content (Bloomberg) — Sri Lanka is…
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Meet the man behind the UK sanctions regime
“It feels a little bit like on variety TV shows years ago. You had those people who spin plates, and…
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Stellantis sees India as profitable auto market amid challenges in China, Russia
Breadcrumb Trail Links PMN Business Author of the article: Article content NEW DELHI — Stellantis chief Carlos Tavares expects India…
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Cold War Relic Threatens Europe’s Plans to Ditch Russian Oil
Breadcrumb Trail Links PMN Business Author of the article: Bloomberg News Stefan Nicola and Rachel Graham Article content (Bloomberg) —…
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Federal Court denies Telus bid to block Quebecor’s $830M spectrum purchase in western Canada
Breadcrumb Trail Links Telecom News The spectrum purchase is key to Quebecor’s plan to expand mobile services outside its Quebec…
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Japan’s factory mood turns less optimistic in May – Reuters Tankan
Breadcrumb Trail Links PMN Business Author of the article: Publishing date: May 17, 2022 • 11 minutes ago • 2 minute…
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Venezuela’s Maduro, opposition expected to talk; U.S. eases some sanctions -sources
Breadcrumb Trail Links PMN Business Author of the article: Reuters Vivian Sequera and Matt Spetalnick and Marianna Parraga Article content…
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Retail spending increased 0.9% in April, boosted by demand and inflation
A woman pushes a shopping cart through the grocery aisle at Target in Annapolis, Maryland, on May 16, 2022, as…
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Allianz subsidiary takes $6bn hit after pleading guilty to securities fraud
One of Allianz’s US investing divisions pleaded guilty and agreed to pay more than $6bn in penalties and restitution for a scheme…
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KPMG fined £14m and ex-partner faces 15-year ban over forging documents in Carillion probe
KPMG is set to receive a £14.4m fine and one of its ex-partners is facing a 15-year ban from the…
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Goldman Sachs reports fewer Black leaders in US offices
The number of senior Black employees at Goldman Sachs in the US shrunk last year, as large investment banks face challenges to…
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Creator of TerraUSD plans to overhaul cryptocurrency
The price of the stablecoin TerraUSD was down sharply on 16 May as the cryptocurrency’s creator announced a plan to…
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Anti-FCA activists to march on Parliament for better regulation
A campaign group is organising a march on Parliament to protest against a Financial Conduct Authority that it says is…
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Why Silicon Valley tech firms are flocking to London
Rajesh Agrawal is the Deputy Mayor of London for Business I’m so excited to be in America with the Mayor,…
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Trudeau government stands firm on new dairy rules despite anger from U.S. milk lobby
Breadcrumb Trail Links News FP Economy With global food security threatened, Ottawa says it must preserve supply management system Publishing…
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Asset managers with £6.5tn sign up to tackle diversity greenwashing
Schroders, Legal & General Investment Management and Aviva Investors are among 15 asset managers that have signed up to a…
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That time the prime minister squared off against the central banker
Breadcrumb Trail Links News FP Finance FP Economy Pierre Poilievre’s threat about firing Tiff Macklem, should he ever become prime…
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Goldman Sachs says senior bankers are free to take as much time out as they want
Goldman Sachs rolled out a new policy that will allow its most senior staff to take as much leave as…
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FTX’s crypto clearing plan needs scrutiny, says CFTC chair Rostin Benham
Commodity Futures Trading Commission chair Rostin Behnam said that a proposal by FTX, a crypto derivatives exchange, to create a…
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Elliott’s London staff set for more responsibility as hedge fund shuts last Asia office
High-profile activist investor Elliott Management is shutting up shop in Asia, according to reports, as the hedge fund’s London office prepares…
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Russian Shipping Traffic Remains Strong as Sanctions Take Time to Bite
Data from MarineTraffic, for example, a platform that shows the live location of ships around the world using those on-ship…
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Citigroup names Tom Anderson as chief compliance officer
Citigroup has named Tom Anderson as its new chief compliance officer. Anderson, who currently serves as compliance chief of Citi’s…
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Coinbase warns crypto users may not be protected in the event of bankruptcy
Cryptocurrency trading platforms might look and feel like regular brokerage apps to everyday users, but regulators have long warned they…
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Goldman Sachs boss David Solomon: Return to the office could take years
Getting staff back to the office could take years, Goldman Sachs CEO David Solomon said, as in-person attendance at the bank’s US premises remains between…
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Goldman Sachs slashes London banker pay by 66% during the first quarter
Goldman Sachs reduced the amount it spends on pay for London-based staff by 66% during the first quarter as dealmaking fees…
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Linklaters rolls out global menopause policy for staff
Law firm Linklaters has set out a global menopause policy to provide support for employees going through it, raise awareness…
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TerraUSD falls below its fixed value, triggering crypto selloff
One type of cryptocurrency, a so-called stablecoin, is meant to keep its value at $1. But on 9 May, the…
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Startup backed by Peter Thiel and Bill Ackman tells companies to stick to making profit and avoid politics
An upstart financial firm backed by Peter Thiel and Bill Ackman has a message for American corporations: Focus on making…
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Private payrolls increased by 247,000 in April, well below the estimate, ADP says
A “We’re Hiring” sign hangs on the front door of a toy store in Greenvale, New York, on Sept. 30,…
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Fed raises rates by half a percentage point — the biggest hike in two decades — to fight inflation
WASHINGTON — The Federal Reserve on Wednesday raised its benchmark interest rate by half a percentage point, the most aggressive…
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Payroll growth accelerated by 428,000 in April, more than expected as jobs picture stays strong
The U.S. economy added slightly more jobs than expected in April amid an increasingly tight labor market and despite surging…
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