CashNews.co So, there you have itāitās official! After more than four years, the U.S. Federal Reserve has kicked off its rate-cutting cycle with an āoutsizedā half-point or 50 basis point cut. That was the easy part. The challenges ahead are significant, as the Fed now seeks to prevent its previous rate hikes from pushing the […]
CashNews.co abrdn Global Sustainable Infrastructure Partners IV LP (aGSIP) and The Circular Economy Development Ltd (TCED) have achieved financial close on a greenfield anaerobic digestion plant in Deeside, on the England-Wales border. The initiative aims to remove landfill waste and produce renewable energy while removing CO2 emissions from the conversion process. The agreement includes the […]
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Cash News College is an excellent place to start learning about the importance of credit and credit cards. When using secured or student credit cards responsibly, students can build and establish a solid credit history in anticipation of future financial decisions and opportunities. That could include qualifying for valuable rewards credit cards and better loan […]
CashNews.co Unlock the Editorās Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Trafigura, one of the worldās biggest commodity traders, is preparing to announce the appointment of Richard Holtum as its next chief executive as soon as next week, according to people with knowledge of the […]
Cash News Gurugram-based non-banking finance company Aye Finance is set to raise Rs 250 crore in a funding round led by ABC Impact, a Singapore-based impact investment fund backed by Temasek. British International Investment, which led Aye Financeās last round in December 2023, is also participating, the company said in a statement. Once the deal […]
Cash News This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: Crypto bulls are almost always bullish. Right now is no different, as bitcoin (BTC-USD) is among the many assets getting a boost following the Federal Reserveās rate cut. Thereās another potential […]
CashNews.co Published : 3 hours agoon 20/09/2024 By Maria Martinez BERLIN (Reuters) ā Germanyās federal and state governmentsā tax revenue rose 5.3% in August compared with the same month last year, the finance ministry said on Friday. The federal and state governmentsā tax revenue reached a total of 61.9 billion euros ($68.9 billion) last month, […]
CashNews.co Equities Global stocks were on the rise, buoyed by the U.S. Federal Reserveās first interest rate cut in four years. The Fed cited āgreater confidenceā that inflation was on the right track in making the half-percentage-point reduction and signaled more cuts ahead. Wall Streetās main indexes jumped at the open in the wake of […]
CashNews.co Chancellor Rachel Reeves has received a boost of up to Ā£10billion ahead of the Budget prompting calls to re-think plans to cut the winter fuel allowance. Members of the Bank of England’s Monetary Policy Committee (MPC) have said Threadneedle Street will shrink its balance sheet by carrying out Ā£100bn of quantitative tightening (QT) over […]