Category: Money

World Money and Markets in the news

PE Mood ‘A Lot Lighter’ Than 12 Months Ago: Advent’s Barr

Johanna Barr, global head of limited partner services at Advent International, says that sentiment in the private equity industry is…

UK Election: Can the Rich Protect Their Wealth?

Wealthy people in the UK are rushing to shelter their money after Prime Minister Rishi Sunak surprised the country by calling a…

Nvidia Joins $3TN Club, Overtakes Apple & ECB to Begin Cuts | Daybreak: Europe 06/06/2024

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your…

Stocks Rally Fueled by Tech | Horizons Middle East & Africa June 6, 2024

Tech stocks drive a global rally with US equities hitting fresh highs, with Nvidia joining the 3 trillion club. Also…

Cathie Wood Says Ark Is Well Placed in AI Despite Nvidia Trim

Cathie Wood said Ark Investment Management is well positioned in artificial intelligence assets, even after her company trimmed back on Nvidia Corp. shares…

Cathie Wood Positive About Tesla, Autonomous Driving

Ark Investment Management’s Cathie Wood says autonomous driving is the “biggest AI project on earth,” defending her bet on Tesla Inc….

Abrdn Says Still Positive On India Outlook

Indian Prime Minister Narendra Modi’s narrow victory is sparking debate over whether to buy the post-election weakness in Indian stocks….

ANC Begins Talks With a Range of Parties

South Africa’s economy will likely remain weak in the second quarter after unexpectedly contracting in the prior three months as election…

Are Global Interest Rates About to Go Lower? | Bloomberg: The China Show 6/6/2024

“Bloomberg: The China Show” is your definitive source for news and analysis on the world’s second-biggest economy. From politics and…

What to Expect From the ECB’s Policy Meeting

The European Central Bank is poised to start lowering interest rates from record highs on Thursday. But where policymakers go from here…