Category: Money

World Money and Markets in the news

BOE Decision Day, BBVA’s Hostile Bid for Sabadell | Bloomberg Markets Today 05/09

It’s BOE Decision day. The Bank of England is expected to hold rates at a 16 year high. But will…

BOE on Hold But Moves Closer to Rate Cuts

The Bank of England edged closer to cutting interest rates from a 16-year high after a second policymaker voted for…

Earnings-Driven Market Punishing Companies, Says BlackRock’s Koesterich

Russ Koesterich, Global Allocation Fund portfolio manager at BlackRock, says companies are getting punished “very quickly” by an earnings-driven market…

Wayve’s Alex Kendall on Outlook For Self-Driving Car Software

Alex Kendall, Co-founder and CEO of Wayve joined Daybreak Europe after chipmaker Nvidia joined a one-billion pound funding round for…

Putin at Military Parade, Says Forces on ‘Combat Alert’

Russia’s annual military parade took place in Moscow on Thursday, featuring 9,000 troops and weaponry including advanced air-defense systems and…

BBVA Makes $12 Billion Hostile Bid for Sabadell

BBVA made an €11.5 billion ($12.4 billion) hostile bid for Sabadell, days after an initial approach was rejected by the smaller rival’s board….

Indian Renewables May Get Costlier

India’s central bank proposal on project financing cause a hike in wind and solar power prices in the country. Srishti…

Putin’s Warning at Military Parade: ‘We Will Not Let Anyone Threaten Us’

President Vladimir Putin warned the West against threatening Russia and revived his nuclear saber-rattling at a military parade in Moscow. “We will…

Biden Warns to Hold Back Weapons If Israel Invades Rafah | Horizons Middle East & Africa 05/09/2024

President Joe Biden said he would halt additional shipments of offensive weapons to Israel if the country proceeded with a ground invasion…

Shell, BNP Paribas Among Firms Exiting South Africa

Bloomberg News’ Jennifer Zabasajja discusses global firms exiting South Africa with Joumanna Bercetche on on Horizons Daybreak: Middle East &…