Tag: Finance
Asset manager meets with UK financial minister
Britain's finance ministry met with asset managers to look at how the sector could offload holdings in Russian companies. A spokeswomen stated that they...
Britain sanctions Russian oligarch Timchenko & five banks
Britain imposed sanctions on Gennady Timchenko and two other billionaires with close links to Vladimir Putin. This is after the Russian president deployed military...
Currency markets nervously eye Ukraine headlines
Currency markets started the week nervously eying tensions in eastern Europe. And, this is with the safe-haven yen not far from a two-week high....
France will need to boost deficit reduction plans
The next French government will need to revise current budget deficit reduction plans. And that is after a presidential election in April. This is...
Meta weighs on US shares, European stocks rise after rout
Wall Street shares finished broadly lower, while European stocks rose following five straight weeks of declines and European bond yields soared on speculation of...
UK pension schemes could face over concentration risks
UK pension schemes face increasing over-concentration risks in their corporate bond holdings. This is by following the downgrade of EDF, says AXA IM. On...
Sterling steadies vs euro after post ECB tumble
Sterling steadied against the euro after a sharp slide triggered by the European Central Bank‘s more hawkish tone. This overshadowed the Bank of England’s rate rise. The...
Energy stocks support FTSE 100’s first weekly gain in three
London’s FTSE 100 ended the week in positive territory. And this is after two weeks of losses despite edging lower, as banks retreated a day...
Inflation rise hurts growth
The surge in inflation is hurting growth in the euro one. The chairman of the ministers Paschal Donohoe told the European Parliament’s economic committee...
UBS steps into Gen Z push with $1.4 BLN Wealthfront buy
UBS has agreed to buy California-based digital wealth management start-up Wealthfront. This is in a $1.4 billion all-cash deal. This is as the Swiss...
