Oil prices set to rise in 2024 after OPEC+ voluntary cuts
Processing towers stand at the RN-Tuapsinsky refinery, operated by Rosneft Oil Co., in Tuapse, Russia, on Monday, March 23, 2020. Andrey Rudakov | Bloomberg | Getty Images Oil prices are…
UBS sees a raft of Fed rate cuts next year on the back of a U.S. recession
U.S. Federal Reserve Chairman Jerome Powell takes questions from reporters during a press conference after the release of the Fed policy decision to leave interest rates unchanged, at the Federal…
Here’s what Wall Street is saying about Wegovy following Novo Nordisk’s key study
Analysts are largely optimistic about a new class of anti-obesity medications following a landmark study released over the weekend. Novo Nordisk ‘s Select study of about 17,500 people found the…
Strange, but good, things are happening in markets
People walk by the New York Stock Exchange (NYSE) on November 02, 2023 in New York City. Spencer Platt | Getty Images News | Getty Images This report is from…
Goolsbee’s ‘golden path’ is still visible
Austan Goolsbee, president and chief executive officer of the Federal Reserve Bank of Chicago, during a Bloomberg Television interview at the Jackson Hole economic symposium in Moran, Wyoming, US, on…
UBS q3 2023 earnings
A logo of Swiss bank UBS is seen in Zurich, Switzerland March 29, 2023. Denis Balibouse | Reuters UBS on Tuesday reported a bigger-than-expected third-quarter net loss of $785 million…
Wefox raises another $55 million from Deutsche Bank and Unicredit
Wefox CEO Julian Teicke. Wefox Wefox, the $4.5 billion German insurance technology group, has raised $55 million of fresh funding from Deutsche Bank and UniCredit, two anonymous sources familiar with…
SNB says Credit Suisse intervention avoided ‘financial crisis’
Thomas Jordan, president of the Swiss National Bank (SNB), speaks during the bank’s annual general meeting in Bern, Switzerland, on Friday, April 28, 2023. Bloomberg | Bloomberg | Getty Images…
European stocks higher as Fed chair signals more rate hikes
European shares traded higher on the final trading week of August, as traders weighed the prospect of higher interest rates from the U.S. Federal Reserve and looked ahead to upcoming…
News Corp, Alibaba, Applied Materials and more
Alibaba Group sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. Aly Song | Reuters Check out the companies making headlines in midday…