Featured ADNOC plans stake sale in drilling unit Aya Anwar May 22, 2024 0 Abu Dhabi's ADNOC has announced plans to divest approximately 5.5 per cent of its stake in its drilling unit, over…
Stocks Asian shares edge up on Nvidia hopes Nada Ali May 22, 2024 0 Asian shares rose on Wednesday as investors awaited strong earnings from chipmaker Nvidia and monitored interest…
Money JPMorgan raises NII forecast to $91b Aya Anwar May 20, 2024 0 JPMorgan Chase revised its forecast for net interest income (NII) on Monday, which represents the earnings from…
Featured Choose France Summit to draw €15b in foreign investment Aya El Sayed May 13, 2024 0 The annual ‘Choose France’ summit, aimed at attracting foreign investment, is set to bring in 15 billion euros…
Featured Russian court seizes $13m from JPMorgan, Commerzbank Aya El Sayed May 7, 2024 0 A Moscow court authorised the seizure of a staggering 12.4 million euros ($13.34 million) of assets held in Russia…
Featured Morgan Stanley enters bond market post Q1 revenues announcement Aya Anwar Apr 17, 2024 0 Morgan Stanley is entering the bond market just after announcing first-quarter revenue that surpassed expectations,…
Featured European stocks fall to 6-week low amid tensions, Ericsson shares soar Aya El Sayed Apr 16, 2024 0 Europe’s main stock index hit a near six-week low on Tuesday, falling 1.4 per cent due to investors avoiding risky…
Featured Fidelity to start layoffs in China Aya El Sayed Mar 19, 2024 0 Fidelity International Limited (FIL) is reportedly initiating layoffs at its primary China division, aligning with…
Banks JPMorgan chooses France’s CB over Visa, Mastercard Aya El Sayed Mar 5, 2024 0 JPMorgan Chase & Co. announced on Tuesday its partnership with France’s primary payment network, Cartes…
Banks Australia’s CBA attracts funds leaving China despite profit outlook Nada Ali Feb 12, 2024 0 Australia's largest bank, Commonwealth Bank’s (CBA) stock surged 20 per cent since November, driven by investors…