CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK financial regulators have fined Wise’s chief executive Kristo Käärmann £350,000 for breaching conduct rules and failing to notify them of “significant tax issues”, but have cleared him to continue in his job. The […]
CashNews.co Iran has signalled that it will pursue a measured response to Israel’s latest strikes, and Georgia’s opposition has called for protests after the ruling Georgian Dream party claims victory. Plus, the possibility of Donald Trump’s trade war has hit the shares of export-sensitive European companies, and large investment funds are being forced to offload […]
CashNews.co Franklin Templeton is battling the worst quarter for outflows in its history, as reputational damage and poor returns spurred tens of billions of dollars of withdrawals from its fixed-income business just as rivals are being boosted by falling interest rates. The group, which manages $1.7tn in assets, announced in August that the co-chief investment […]
CashNews.co Stay informed with free updates Simply sign up to the Oil myFT Digest — delivered directly to your inbox. Oil prices fell sharply on Monday after Israel’s attack on Iran at the weekend avoided oil and nuclear facilities and Tehran signalled a measured response to the strikes. Brent crude futures, the international benchmark, fell […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is a professor of entrepreneurship and associate dean of innovation at the MIT School of Management On both sides of the Atlantic, governments are considering increasing taxes, especially those faced by investors. […]
CashNews.co Oil prices drop as markets open after Israel avoids energy facilities in Iran strikes Read More #cashnews #newsfinace #finance #FollowsCashnews
CashNews.co A streak of strong US economic data has caused investors to scale back their predictions of how far the Federal Reserve will cut interest rates over the coming months. Friday’s monthly jobs figures will offer up the next big clue about the future path of monetary policy. Economists polled by Reuters expect US employers […]
CashNews.co More than two years after BlackRock ran into a buzz saw of criticism from US conservatives over its advocacy for sustainable investing, the world’s largest money manager is attempting to change the subject. Chief executive Larry Fink has not used the word “climate” on an analyst call since January, and he mentioned climate, sustainability […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Forget artificial intelligence or robotaxis. Investors hungry for returns may want to turn to their lunches for inspiration. A duo of US fast-casual restaurants — salad hawker Sweetgreen and Mediterranean-inspired outfit Cava — is […]
CashNews.co Senegal’s review of oil and gas contracts could threaten the country’s reputation as a reliable place to do business in a volatile region, critics have warned. The new administration led by President Bassirou Diomaye Faye, who won a landslide victory in March elections, has argued that the audit of contracts awarded by the previous […]