CashNews.co Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Apparently it is time to let go of your old mindset (man). Forget about the past. Imagine a new and more glorious future. And buy bitcoin. This is a serious struggle for […]
UK finance firms seek ‘bold’ reforms to counter Wall St ascendancy #NewsUnitedStates
CashNews.co Reeves to address City in milestone speech on Thursday Investment, stock market expansion critical to economic growth Sector emboldened by reform but faces Wall Street challenge LONDON, Nov 13 (Reuters) – Britain’s finance sector is counting on policymakers to deliver a rulebook revamp that prioritises growth and stops business slipping away to global rivals, […]
RWE caves to investor pressure over green investments after Trump victory #NewsMarket
CashNews.co Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world RWE has announced a share buyback programme as the German energy group caved to mounting investor pressure to rethink plans to invest €55bn in renewables in the wake of the re-election of […]
FCA backtracks on plan to ‘name and shame’ probed companies #NewsMarket
CashNews.co Stay informed with free updates Simply sign up to the UK financial regulation myFT Digest — delivered directly to your inbox. Britain’s financial regulator has said it will “fundamentally reshape” its plan to “name and shame” more of the companies it investigates after the proposals provoked a major backlash in the City of London. […]
FCA to give car finance sector more time to handle surging complaints #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK’s financial watchdog on Wednesday announced plans to extend the time that car financing groups have to deal with an expected surge in consumer complaints about alleged mis-selling after a landmark court judgment. […]
Fintech Klarna files for IPO in US #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Klarna has begun its long-anticipated stock market flotation after the Swedish buy now, pay later pioneer said it had filed initial public offering documents in the US. The fintech said on Wednesday that it […]
Ukraine’s plan to win over Trump #NewsMarket
CashNews.co Donald Trump’s ‘hush money’ case has been paused, Ukraine has been building on its ‘victory plan’ for his incoming administration and SoftBank reported that it is profitable again. Plus, Wall Street has loaned billions of dollars to a niche group of tech companies based on their possession of Nvidia’s artificial intelligence chips. Mentioned in […]
Cepsa rebrands as Moeve to mark shift away from fossil fuels #NewsMarket
CashNews.co Maarten Wetselaar gave the impression of a person in a hurry when he became chief executive of Spanish energy company Cepsa in January 2022. About two months after his appointment, the former Shell executive unveiled an ambitious strategy to transform Compañía Española de Petróleos SA — or Spanish Petroleum Company — into a leading […]
China CSI A500 index sparks fresh interest from global managers #NewsMarket
CashNews.co Latest news on ETFs Visit our ETF Hub to find out more and to explore our in-depth data and comparison tools A shift to passive funds in China offers a new opportunity for global firms to stand out among established local players in the rush to launch products tracking the recently created CSI A500 […]
How Russia’s energy minister plotted merger of country’s oil majors #NewsMarket
CashNews.co Russia’s energy minister has attempted to combine the country’s oil majors in a sign of the power struggle at play over the Kremlin’s key wartime revenue source, according to four senior Russian energy industry figures. The pitch by Sergei Tsivilev, a relative of president Vladimir Putin who was appointed to the role in May, […]