Dems warn against loosening bank capital requirements, Rupert Murdoch at 90
Two senior Democratic lawmakers have warned the Federal Reserve that it would be a “grave error” to extend looser capital requirements for US banks. ExxonMobil appointed two new board directors on Mon...
2 Mar 20218min
Sunak previews UK budget, von der Leyen warns of more pandemics, Lucid takes on Tesla
Chancellor Rishi Sunak is set to announce the UK’s budget on Monday and it includes a £5bn “restart” grant scheme, European Commission president Ursula von der Leyen warns that Europe could face an “e...
1 Mar 20219min
Bond sell-off roils markets, ex-Petrobras chief hits back, Ghana’s first Covax vaccines
The yield on the benchmark 10-year Treasury exceeded 1.5 per cent for the first time in a year and the outgoing head of Petrobras warns Brazil’s President Jair Bolsonaro against state controlled fuel ...
26 Feb 202110min
GameStop returns, Myanmar banks, Texas power politics
GameStop’s share price doubled in the final 90 minutes of trading on Wednesday, partners at the consultancy McKinsey have voted to remove Kevin Sneader from his post as global managing partner, and My...
25 Feb 202110min
Powell signals hope for ‘more normal conditions’, US Russia sanctions, HSBC’s pivot east
Federal Reserve chairman Jay Powell spoke to Congress on Tuesday and indicated the central bank would maintain its ultra-loose monetary policy, the Biden administration is planning a broad package of ...
24 Feb 202110min
Tech stocks fall on inflation fears, Brazil’s oil intervention, Big Tech goes green
The Nasdaq Composite closed 2.5 per cent lower on Monday as rising inflation expectations undercut arguments for tech stocks’ high valuations, Brazilian markets were rattled after president Jair Bolso...
23 Feb 20219min
Johnson’s plan to lift lockdown, McKinsey leadership vote, UK probes Big Tech
UK prime minister, Boris Johnson, is set to lay out a road map for lifting England’s lockdown, HSBC is accelerating its “pivot to Asia”, and McKinsey’s 650 senior partners have begun voting on whether...
22 Feb 202110min
Macron’s FT interview, GameStop hearing, oil rises and US Treasuries tumble
In an exclusive interview with the FT, French president Emmanuel Macron urges wealthy countries to help poorer ones access coronavirus vaccines, and US lawmakers grill key players in the GameStop trad...
19 Feb 202111min
