Another rough day for US regional banks
Apple said on Thursday that revenues shrank for a second straight quarter, the European Central Bank raised interest rates by a quarter of a percentage point, and US regional banks suffered severe sto...
5 Maj 20238min
Fed hints it might pause rate hikes
The US Federal Reserve raised its benchmark interest rate by a quarter of a percentage point, Russia accused Ukraine of attempting to assassinate President Vladimir Putin in a late-night drone attack ...
4 Maj 20239min
US regional bank stocks still under pressure
The rescue of First Republic this week has failed to stop a sell-off in regional bank shares, Apple experienced a big boost in demand in India driven by a surge in refurbished iPhone sales, and Europe...
3 Maj 20238min
Jamie Dimon’s big win
Chinese initial public offerings have raised more than five times as much money as those in the US this year, and Germany’s lawmakers are set to pass immigration reforms to address a worsening skills ...
2 Maj 202310min
First Republic in limbo
At least three large banks have submitted bids to buy all or parts of First Republic, the US is urging South Korea not to fill China’s semiconductor shortfalls if Beijing bans Micron chips, and Iran’s...
1 Maj 202310min
Big Tech props up US stocks
Russia’s stock market has climbed to its highest level in more than a year, European commercial real estate deals hit an 11-year-low last quarter, and Big Tech continues to prop up the US stock market...
28 Apr 20239min
The Magic Kingdom goes to war
Walt Disney sued Florida governor Ron DeSantis over the state’s ‘retaliation’ for the company’s stance on ‘Don’t Say Gay’ law, UK regulators have blocked Microsoft’s $75bn acquisition of Activision Bl...
27 Apr 20238min
Sudanese refugees pour into Chad
Google’s advertising revenue in the first quarter of 2023 nearly matched numbers from a year ago, tens of thousands of Sudanese refugees have crossed into neighbouring Chad, and First Republic Bank sa...
26 Apr 20239min
