Category: Money

World Money and Markets in the news

UK’s Sunak being pressure to move to the right

Rishi Sunak is under pressure to shift to the right, after dire local election results. @newsamorgan explains why they point…

Why is the US dollar so dominant? #currency #business

Can anything stop the dollar’s dominance? @SalehaMohsin unpacks what you need to know about the world’s strongest currency https://trib.al/w4EvbLs

Disney is down and Apple upgrades: Manus Cranny reports #bloombergbrief #shorts

We’re going full bear on #Disney — down over 8% at one point in trading. Also the #Apple event has…

Layer-2, DeFi Driving Interest: Galaxy Digital’s Thorn

Galaxy Digital Head of Research Alex Thorn says any change in the US Presidential administration will be better for digital…

Byron Allen Still Wants to Buy Paramount

Media Mogul Byron Allen says he still wants to buy all or some of Paramount Global. He says raising capital…

Boeing Faces New FAA Probe of 787 Dreamliner Model

Boeing disclosed on Monday that it had alerted authorities to potentially incomplete inspections on the 787 Dreamliner model, prompting an…

Swiss Bank UBS Shares Rocket on Earnings Beat | The Pulse with Francine Lacqua 05/07/24

UBS share gained the most in more than a year on Tuesday after reporting upbeat 1Q results. Driven by wealth…

Apple Developing Homegrown AI Chip for Data Centers: WSJ

Apple has been developing a chip that would be used to run artificial intelligence tools in data centers, according to…

#Ermotti says #UBS has “good momentum”

UBS returned to profit after two loss-making quarters, with both wealth management and the investment bank adding to sustained progress…

#Xi and #Macron call for worldwide cease-fire during #olympics

China’s President Xi Jinping and France’s Prime Minister Emmanuel Macron called for a worldwide cease-fire during the upcoming Olympic Games….