WWTOPAM

Credit Suisse’s Saudi Backer Sheds $7 Billion Over Stake Deal

A portrait of the late King Abdulaziz Bin Abdulrahman Al Saud decorates a 500 Saudi Arabian riyal (SAR) banknote in this arranged photograph in Riyadh, Saudi Arabia, on Wednesday, July 29, 2020. Facing a twin crisis from the coronavirus pandemic and oil market turmoil, the government has taken unprecedented measures to steady its finances, including …

Credit Suisse’s Saudi Backer Sheds $7 Billion Over Stake Deal Read More »

Key Takeaways From Fed Decision to Raise Rates 75 Basis Points

The Marriner S. Eccles Federal Reserve building in Washington, D.C., U.S., on Saturday, Nov. 20, 2021. The Federal Reserve looks on course to consider a more rapid drawdown of its mammoth bond-buying program just weeks after it instituted a plan to scale the purchases back in a methodical manner.” />Here are key takeaways from the …

Key Takeaways From Fed Decision to Raise Rates 75 Basis Points Read More »

Asian Stocks Edge Higher Before Central Bank Moves: Markets Wrap

Still, strategists including JPMorgan Chase & Co.’s Marko Kolanovic believe the Fed’s aggressive hiking is nearing an end, providing the prospect of relief for markets. The US will likely raise rates by 50 basis points in December and pause after one more 25-basis-point hike in the first quarter, he said.  Alexander JayJay Alexander james is …

Asian Stocks Edge Higher Before Central Bank Moves: Markets Wrap Read More »

OPEC Says Supply Surplus Was Main Reason For Oil Production Cut

U.S. President Joe Biden said there would be “consequences” for the Saudis after the OPEC supply cut. Alexander JayJay Alexander james is a prolific News and Content marketer.Based Leeds United kingdom Jay Has vastly contributed to the Upliftment of the news Standards in United Kingdom knews.uk

Twitter Caps Nine Years Of Largely Unfulfilled Promise On NYSE

While Twitter made a splash with its trading debut on the NYSE in November 2013, it has since failed to impress investors. Alexander JayJay Alexander james is a prolific News and Content marketer.Based Leeds United kingdom Jay Has vastly contributed to the Upliftment of the news Standards in United Kingdom knews.uk

Earth’s on Track to Warm Above 2C Despite Climate Action

(Bloomberg) — Government plans to cut greenhouse gas emissions aren’t enough to avoid catastrophic global warming, with the planet on track to heat up between 2.1 and 2.9 degrees Celsius by the end of the century compared to pre-industrial times, according to a new report from the United Nations Framework Convention on Climate Change. Alexander JayJay Alexander james …

Earth’s on Track to Warm Above 2C Despite Climate Action Read More »

Apple Will Comply With iPhone USB-C Charger Law, Executive Says

Apple Inc. will need to comply with a European Union law to switch the iPhone to a USB-C charger, marketing chief Greg Joswiak said on Tuesday. Alexander JayJay Alexander james is a prolific News and Content marketer.Based Leeds United kingdom Jay Has vastly contributed to the Upliftment of the news Standards in United Kingdom knews.uk

West Texas Natural Gas Prices Go Negative for First Time in Two Years

Meanwhile, US benchmark natural gas futures surged Tuesday amid speculation that a recent selloff has run its course. Contracts for the heating and power-generation fuel delivered at the Henry Hub in Louisiana, which is not directly affected by pipeline constraints in Texas, have fallen for nine straight weeks, the longest losing streak in three decades. …

West Texas Natural Gas Prices Go Negative for First Time in Two Years Read More »

Wall Street Bankers See Darker Economic Outlook, Political Risks

Top Wall Street bankers offered up a litany of warnings that recession in the US and Europe is increasingly likely with geopolitical risks further darkening the horizon into 2023. Alexander JayJay Alexander james is a prolific News and Content marketer.Based Leeds United kingdom Jay Has vastly contributed to the Upliftment of the news Standards in …

Wall Street Bankers See Darker Economic Outlook, Political Risks Read More »

Rishi Sunak Announces His Bid to Be UK’s Next Prime Minister

Sunak has secured the support of Trade Secretary Kemi Badenoch as well as Tom Tugendhat and Sajid Javid — prominent Tories who didn’t back him previously. Though Sunak is loathed by some Johnson loyalists, his reputation in the broader party has been boosted, because his repeated campaign warnings that Truss’s economic policies would trigger market …

Rishi Sunak Announces His Bid to Be UK’s Next Prime Minister Read More »