StanChart to launch $1.5bn buyback

StanChart to launch $1.5bn buyback

Standard Chartered announces it is launching a $1.5bn share buyback after missing Q4 bottom line expectations. The U.S. administration has reportedly refused to call Russia an ‘aggressor’ in a key communiqué following a week of difficult exchanges between U.S. President Donald Trump and Ukrainian President Volodomyr Zelenskyy. We speak exclusively to former Ukrainian foreign minister Dmytro Kuleba who says Trump is only focused on the United States. Alibaba shares surge after the Chinese e-commerce giant announces ‘aggressive’ investment in A.I. and reports its fastest revenue growth in a year. In Germany, campaigning is coming to a close ahead of this Sunday’s elections. The CDU’s frontrunner candidate Friedrich Merz says that Europe’s future is on the line.

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U.S. equities slump on Greenland tariffs spat

U.S. equities slump on Greenland tariffs spat

U.S. markets endure their worst session since October as the President Trump ratchets up tariff tensions over Greenland. Speaking on a CNBC panel of central bank governors, Bundesbank President Joachi...

21 Tammi 42min

U.S. futures sink on Greenland tariffs threat

U.S. futures sink on Greenland tariffs threat

Wall Street futures are in the red as U.S.-Europe tensions over the fate of Greenland concern global markets. Prior to leaving for the WEF in Davos, Switzerland, President Trump said only the U.S. can...

20 Tammi 31min

Trump doubles down on Greenland tariffs threat

Trump doubles down on Greenland tariffs threat

President Trump has warned 8 European countries of further tariffs should they block the U.S. from acquiring Greenland by June. U.S. Treasury Secretary Scott Bessent, says European leaders will eventu...

19 Tammi 28min

Inflation could 'roar back' if Fed independence compromised

Inflation could 'roar back' if Fed independence compromised

Chicago Federal reserve Chairman Austan Goolsbee says the removal of Fed independence would see inflation “roaring back” and the IMF managing director Kristalina Georgieva has pledged her support behi...

16 Tammi 27min

UK GDP defies forecasts to return to growth in November

UK GDP defies forecasts to return to growth in November

UK GDP figures for November beat expectations to come in 0.3 per cent higher month-on-month and 1.4 per cent year-on-year. Denmark and EU allies boost their troop presence in Greenland as talks in Was...

15 Tammi 26min

U.S. Core CPI bucks estimates in December

U.S. Core CPI bucks estimates in December

U.S. core inflation data for December dips slightly below forecasts with hopes it may have peaked. President Trump once again lashes out at Federal Reserve chairman Jerome Powell over interest rate cu...

14 Tammi 28min

Powell probe prompts Fed pushback

Powell probe prompts Fed pushback

All former living Federal Reserve Chairs sign a joint condemnation of the federal criminal investigation into current chairman Jerome Powell. UBS CEO Sergio Ermotti is reportedly eyeing an exit from t...

13 Tammi 26min

U.S. DoJ launches criminal probe into Fed's Powell

U.S. DoJ launches criminal probe into Fed's Powell

Federal Reserve Chairman Jerome Powell is under federal criminal investigation amid the central bank’s $2.5bn building renovation. Powell blamed President Trump behind the move and warned that the ind...

12 Tammi 28min

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