Tag: NYSE:GS
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Apple’s Production Shift to India, Decline in Customer Deposits, Investors Reluctant towards Risky Debt
European Equities and Inflation Data European equities rose along with US equity futures on Thursday as investors analyzed inflation data and comments from policymakers to determine the future direction of global central bank rate hikes. The Stoxx Europe 600 Index (STOXX:SSXP) posted a modest gain after a member of the European Central Bank’s Governing Council…
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U.S. Inflation Eases, Mortgage Rates Fall, Stricter Pollution Limits on Cars
U.S. Inflation Eases In March, U.S. inflation eased to 5% from a year earlier, marking its lowest level in nearly two years. However, underlying price pressures remained elevated despite the Federal Reserve’s efforts to slow rapid price increases. The consumer-price index, a closely watched gauge of inflation, rose less than in February, with a 6%…
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Apple’s Buy Now Pay Later, FTX Founder Bribery Charge, UBS Appoints Sergio Ermotti
Adidas Objects to BLM Adidas (XETRA:ADS) lawyers have asked America’s trademark regulators to reject the logo submitted by Black Lives Matter, an anti-racist foundation, citing that BLM’s design, three yellow stripes, could easily be mistaken for Adidas’ famous motif. The German sportswear giant has previously admitted to having too few black staff members, following employee…
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Market News: First Citizens Bank to Purchase SVB, Chairman of SBN Resigns, Accenture to Cut 19,000 Jobs
Record Inflow into US MMFs So far this year, more than $286bn has flowed into US money market funds, the biggest inflow since the Covid-19 crisis. The collapse of two regional US banks and the rescue of Credit Suisse (NYSE:CS) by banks has raised concerns about the safety of bank deposits. Goldman Sachs (NYSE:GS), JPMorgan…
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Economic News: European Equities Falls, Markets Predicts US interest rate hike
European Equities Fall Slightly European equities fell slightly on Monday after Friday’s biggest decline since mid-December. The drop was due to investors assessing the impact of Silicon Valley Bank’s collapse and preparing for the US inflation data release. The Stoxx Europe 600 Index (STOXX:SSXP) dropped by 0.5% in London, with banking stocks retreating by 0.9%.…