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FRANCINE LACQUA
World Bank chief Ajay Banga says multilateralism has a role to play in tumultuous timesThe multilateral economic cooperation system that underpinned the creation of the World Bank and the International Monetary Fund at the end...- HSBC is on course for £300 billion valuation, top executive saysHSBC's corporate and investment banking head anticipates the bank's market value could surpass £300 billion, projecting a significant share...
- Civil war in America? Billionaire investor Ray Dalio warns skyrocketing debt and political divides could push the nation to the brinkBillionaire investor Ray Dalio warns that the US national debt, exceeding $37.8 trillion and projected to reach over $52 trillion by 2035, ...
- Greece gives green light to tourists despite earthquake tremorsGreek Prime Minister Kyriakos Mitsotakis has reassured that Greece remains safe for tourists despite ongoing seismic activity on Santorini....
- Meta will use fact checkers outside the US ‘for now’Meta, which said it will replace third-party fact checkers in the US with a community notes system, will see how the change plays out befor...
- Biggest threat to world economy is what affects all of us everydayInflation remains a significant threat to the global economy as experts, including former Swiss central bank chief Philipp Hildebrand, warn...
- Shipping CEOs see no short-term end to Red Sea disruptionsDisruptions to supply chains that began during the pandemic were partly behind an initial bout of inflation that occurred before energy pri...
- Italy moves to weaken China ties without upsetting BeijingItalian minister will meet with Chinese Foreign Minister Wang Yi and other officials to discuss the possibility of leaving the Belt and Roa...
- India's green goal offers companies $500 billion opportunity, ReNew CEO saysThe nation, the world’s third largest emitter of greenhouse gases, has set a target to nearly triple its generation capacity from non-fossi...
- Bitcoin investors may lose everything, central banker warnsBitcoin prices have more than doubled since November and topped $40,000 earlier this month. Large movements in its value are common, with f...
- Facebook says Bezos hack highlights smartphone vulnerabilitiesIt’s not the first time WhatsApp’s been drawn into a hacking controversy. WhatsApp in November sued Israeli spyware maker NSO Group, accusi...
- Bad populism is the ‘road to serfdom’ for economies: Raghuram RajanRajan said populism done right can make capitalism work better for people, but that’s not always the outcome.
- JPMorgan's Dimon signals optimism on global economy, Trump reformsDimon also said the bank may consider making acquisitions in fintech or payment processing.
- Davos elites discuss ways to defend the current global system from populistsWhile IMF chief Christine Lagarde urged a list of policies from programmes to retrain workers to more social spending, others fretted that ...
- ‘Wall of supply’ to block oil rally at $55, says Goldman Sachs“We’re still seeing a lot of oil enter this market,” Goldman’s head of commodities research Jeff Currie said. “It’s hard for this market to...
- Deutsche Bank slumps as investors question lender’s healthThe shares slumped 7% in Frankfurt, bringing losses to about 52% this year. The lender’s €1.75 billion ($2 billion) of 6% additional Tier 1...
- Billionaire Soros was ‘Long’ on pound before vote on BrexitGeorge Soros, the billionaire whose 1992 wager against the pound made hedge fund history, didn’t repeat the bet ahead of sterling’s record ...
- SocGen’s former trader Kerviel gets 3 yrs in jailJerome Kerviel was sentenced to three years in prison and ordered to repay Societe Generale’s € 4.9 billion ($6.8 billion) trading loss.
- Societe Generale’s former trader Kerviel gets 3 years in jailJerome Kerviel was sentenced to three years in prison and ordered to repay Societe Generale’s €4.9 billion ($6.8 billion) trading loss by a...
- Gold at 2-month high on safe-haven betsGold advanced to the highest price in more than two months in New York and London as investors increased purchases of the metal as a protec...
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