Browsing Tag
JPMorgan Chase &
At 10.1%, UK inflation hits double digits for the first time in 40 years
UK inflation accelerated more than expected last month to the highest in 40 years, intensifying a squeeze on consumers and adding to pressure for action from the government and Bank of England.The Consumer Prices Index rose 10.1% in July…
‘Awful’ Snap sales wipe $76 billion from social media stocks
US social-media companies saw nearly $80 billion wiped off their stock-market values Friday, after disappointing revenue from Snap Inc. and a lackluster report from Twitter Inc. raised concerns about the outlook for online advertising.The…
Unstoppable dollar risks worsening $71 billion Asia stock exodus
The dollar’s relentless rise is threatening to trigger more outflows from Asia’s emerging-market shares, spoiling hopes of the region making a comeback in the second half.A gauge of Asian currencies has slumped to its lowest in more than…
Wall Street texting habit sticks banks with rare $1 billion bill
Regulators are poised to extract about $1 billion in fines from the five biggest US investment banks for failing to monitor employees using unauthorized messaging apps.Morgan Stanley disclosed on Thursday that it expects to pay a $200…
Work-From-Home Revolt! Return-To-Office Plans Unravel as Workers Rebel
Work-From-Home has become a bone of contention between employees and their companies.
From Wall Street to Silicon Valley, companies fearful of losing talent are tweaking or…
Elon Musk’s Twitter gambit tees up a who’s in-or-out white knight list
Twitter Inc., which is trying to defend itself against Elon Musk’s $43 billion takeover bid, has a poison pill in place, so the next obvious move on the hostile M&A to-do list is likely already being contemplated: a white…
SBI raises USD 500 million through IFSC Gift City branch
MUFG, Bank of America and JP Morgan were the joint lenders for this offering whereas Fist Abu Dhabi Bank acted as the facility agent.
The country's largest lender State Bank of India (SBI) on Monday said it has raised USD 500 million (over…
Five-Day office week is dead? Work from home here to stay? Even bosses are giving up
For the vast majority of desk-based staff, the Monday to Friday commute has disappeared forever.
With pandemic restrictions in the U.K. largely gone, offices are getting busier.…
China says it notes JPMorgan chief’s sincere regret over remark
BEIJING: China's foreign ministry on Thursday (Nov 25) said it noted JPMorgan Chase Chief Executive Jamie Dimon's expression of regret for a remark he made about the country's ruling Communist Party and said it hoped media would stop…