The Latest Investing News - Page 24
Citigroups Q2 Profit Beat Estimates Driven by Tradeweb
US banking giant Citigroup released on Monday its financial results for the second quarter. The company’s profit and revenue performance beat analysts’ expectations. The bank’s profits were positively influenced by the initial public offering (IPO) of Tradeweb, an electronic trading platform f... Read more.
Amazon to Spend $700M to Upskill 100,000 US Workers
US-based e-commerce giant Amazon announced on Thursday that it intended to spend about $700 million to offer “upskilling programs” for 100,000 wor... Read more.
Facebook’s Libra Continues to Worry Policymakers
While Facebook’s cryptocurrency hasn’t been even launched, it continues to make the headlines and get all the attention from politicians and polic... Read more.
Fiat Money to Face Fierce Competition From e-Money IMF Says
The International Monetary Fund (IMF) concluded that e-money might surpass cash and bank deposits. By e-money, the IMF also means cryptocurrencies and... Read more.
Weekly Market Review - July 8-12
This week, the European currency has recovered some of the losses against the US dollar, adding 0.2%. The American currency has been the worst perform... Read more.
Deutsche Bank Investigated by US DOJ For Deals With 1MDB
The US Department of Justice started investigations into German banking giant Deutsche Bank and its relationships with Malaysian investment fund 1Mala... Read more.
OANDA Appoints New Chief Product Officer, Seeks Tighter Spreads
US-based OANDA, which operates a forex and CFD trading platform, announced on Tuesday the appointment of Kurt vom Scheidt as Chief Product Officer in ... Read more.
PepsiCo’s Q2 EPS, Revenue Beat Expectations
PepsiCo presented its financial performance for the second quarter, which showed that the company’s earnings beat analysts’ estimates. As a result... Read more.
Ford Partners With Volkswagen to Use Its Electric Car Technology
US-based carmaker Ford and German Volkswagen (VW) have reached a preliminary agreement according to which the companies will share technologies relate... Read more.
FB’s Libra Faces Skepticism in India, Japan
While Facebook hasn’t even launched its cryptocurrency called Libra, the project has already sparked a lot of controversy among regulators and polit... Read more.
Weekly Market Review - July 1-5
The US dollar has recovered some of the recent losses this week as the Nonfarm payrolls indicator showed that the labor market was in good shape. Besi... Read more.
Jacob has been an author for us since our launch in 2012. He has over forty years’ experience in the financial sector and has held a variety of positions within financial services corporations and venture capitalist organisations.
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