Economy

BlackRock, the world’s largest asset manager, has been hit with a first-of-its-kind “Cease and Desist Order” and threat of massive fines, regarding its alleged false and misleading statements to investors…

Power Metal Resources PLC (AIM:POW) has announced a new earn-in agreement with RIWAQ Al-Mawarid for an exploration venture in the Kingdom of Saudi Arabia for exploration. The company secured an interest in…

One of the catalysts behind Japan’s very recent 34-year stock-market high has been the demonstrable success of its governance reforms. Its “playbook” is now being rigorously analysed by other countries in similar…

Berlin-based lender Deutsche Kreditbank (DKB) will be granted a framework loan of EUR 100 million (USD 108.2m) from the European Investment Bank (EIB) to support onshore wind and solar photovoltaic…

The possibility that Europe will tap its investment bank to fund defence spending is being met with scepticism from bond investors, who flag risks to the lender’s sustainability credentials and…

Barclays is reportedly set to cut hundreds of jobs across its investment bank. According to multiple reports from the likes of Bloomberg News and Reuters, the layoffs will see the…

The Reserve Bank of India’s Monetary Policy Committee (MPC) is likely to keep the policy repo rate unchanged at 6.50% and retain the monetary policy stance of ‘withdrawal of accommodation’…

Morgan Stanley, the investment bank with $1.5 trillion in assets under management, could offer Bitcoin ETF investments on its platform within the next two weeks. This news follows a recent…

The European Investment Bank (EIB) has signed a deal with Ringkjøbing Landbobank to provide eligible Danish small- and medium-sized enterprises (SMEs) a total of $108.6 million (DKK 745 million) to…

Elliott Investment Management’s intentions on Scottish Mortgage Investment Trust PLC (LSE:SMT) became clearer over the weekend after the activist investor recently built a 5% stake in the FTSE 100 investment company. According…