Citigroup Fined £62 Million After UK Trader Caused Flash Crash
Citigroup has been fined £61.6 million ($79 million) by UK regulators for failures after a London staffer’s fat-finger trade caused…
US Softens Its Stance on Israel Rafah Plan | Horizons Middle East & Africa 05/22/2024
The Reserve Bank of New Zealand holds rates but signals cuts won’t materialize until later in 2025. The S&P 500…
Fed Needs Longer to Reach Inflation Goal, Says Apollo’s Slok
Torsten Slok, chief economist at Apollo, says sensitivity to interest rates is “just not what it used to be,” as…
China Hints at 25% Car Tariffs
China has signaled it’s ready to unleash tariffs as high as 25% on imported cars with large engines, as trade…
Time Running Out on BHP’s Takeover Bid for Anglo
BHP has until 5 p.m. London time on Wednesday to launch a bid to buy smaller mining rival Anglo American. Anglo has…
Half of Swing-State Voters Fear US Election Violence: Bloomberg News/Morning Consult Poll
The May Bloomberg News/Morning Consult poll finds half of swing-state voters expressing worries about violence surrounding the US presidential election….
BYD challenging Tesla’s dominance, says IMD’s Yu
AI is a key theme of a new report just released that ranks the world’s top corporations on their resilience….
Israel Recalls Ireland, Norway Ambassadors on Palestine Decision
Israel recalled its ambassadors to Ireland and Norway after the two nations announced they would recognize a Palestinian state. The…
Nvidia To Push Limits of Innovation, Says Pleydell-Bouverie
Clare Pleydell-Bouverie, Liontrust Fund Manager, says she expects to see Nvidia push the limits of innovation around the entire technology…
BOE to Cut Rates by End of Year, Investec Says
Investec economist Ellie Henderson discusses the outlook for BOE monetary policy following today’s stronger-than-expected UK inflation print. "We think that…