by Editor, IWD | Jul 16, 2023 | Business, Economy
Ex-Goldman Sachs Group Inc (NYSE:GS) hedge fund hotshot, Raoul Pal, is sounding the alarm bells. According to him, a financial storm is brewing, and he thinks that the Federal Reserve might soon be forced to roll out bailout packages to keep the situation under...
by Editor, IWD | Jul 16, 2023 | Business, Economy
In the world of finance, the adage that ‘money talks’ rings particularly true when discerning potential shifts in market sentiment. An intriguing case has arisen around PayPal Holdings (NASDAQ:PYPL), with a major financial player making a...
by Reuters | Jul 16, 2023 | Business, Economy, Europe, UK
(Reuters) – UBS Group has decided to retain EY as its external auditor, enlarging its role to include Credit Suisse’s accounts from 2024, the Financial Times reported on Sunday, citing people with knowledge of the decision. The size of the contract will...
by Editor, IWD | Jul 16, 2023 | Business, Economy
In a recent discussion as part of the Amazon Advisor Call Series, Scott Devitt, an analyst at Wedbush, and eCommerce veteran Rick Watson, founder of RMW Commerce Consulting, speculated about a potential collaboration between Amazon.Com, Inc (NASDAQ:AMZN) and Shopify...
by Reuters | Jul 16, 2023 | Africa, Asia, Business, Economy, Environment, Europe, Politics, Top News
By David Lawder and Aftab Ahmed GANDHINAGAR, India (Reuters) -U.S. Treasury Secretary Janet Yellen said on Sunday she was “eager” to work with China on areas of mutual interest, including debt restructurings for poorer countries, and that multilateral...
by Reuters | Jul 14, 2023 | Business, Economy, Europe, Technology
By Tom Westbrook, Rae Wee and Hannah Lang SINGAPORE/WASHINGTON (Reuters) – Bitcoin was hovering near its highest so far this year on Friday after crypto investors took encouragement from a legal victory in which the cryptocurrency XRP was ruled not to be a...
