Yen Dips as Strong U.S. Economy Boosts Dollar
The U.S. dollar remained close to a two-week high against the yen on Friday, following its biggest one-day gain in four weeks. This rise was fueled by robust U.S. economic data that has eased fears of a ...
Mortgage Rates Plunge Below 4%
A new mortgage price war has erupted among some of the UK’s largest lenders, driving headline fixed rates below the critical 4% threshold.
Key Players and Offers
HSBC: Premier banking customers can ...
London's Hiring Boom at Risk
Angela Rayner faces warnings about potentially undermining the recovering job market with stringent workers' rights reforms, as new data reveals a surge in hiring intentions across London.
The Recruitment Employment Con...
The $24 Billion Deal
In the competitive landscape of aviation, Airbus recently landed a substantial order for new jets, a development that surprisingly didn’t bolster its stock. This Tuesday, Cebu Pacific, a Philippine airline, announced its p...
Stocks on the market
US stock indices rose as the conflict between Russia and Ukraine eased and even as the producer price index, the latest gauge of inflation at the wholesale level, rose by 9.7%, reaching a record high the previous month.
The thr...
Berkshire Hathaway's earnings
Revenues at Warren Buffett's investment company, are up 22%, thanks to a rebound in growth at its subsidiaries in freight rail, energy and car sales.
Berkshire Hathaway (BRK.A, BRK.B), the...
Sustainable infrastructure investments
Generate Capital, a green infrastructure investment company, announced on Monday that it has raised $2 billion in new funding.
The new funding brings the company's balance sheet close to $10bn after a $1bn rou...
Foundation's fate
The head of US holding company Berkshire Hathaway, Warren Buffett, has stepped down as a trustee of the Bill & Melinda Gates Foundation. This was stated in a statement...
Negotiations to supply batteries
Apple is in talks with CATL and BYD to supply batteries for its future electric cars, according to media reports. The main obstacle may be Apple's requirement that the batteries for the Apple Car be manufactured in t...
Buffett's successor
The head of investment fund Berkshire Hathaway, 90-year-old billionaire Warren Buffett has named its vice-president Greg Abel as his successor at the head of the company. CNBC reported this...
Shares of financial companies
Major US banks JPMorgan Chase (JPM), Citigroup (C) and Wells Fargo (WFC) reported their fourth quarter 2020 results. Shares in all three banks declined on Friday amid a general market decline following a pessimistic gov...
Technological and growth shares received a dose of adrenalin as the prospect of a split Congress next year put an end to reflective trading
The Dow Jones and NASDAQ Composite indices rose by more than 400 points each. A split Congress means that Dem...
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