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Financial News Around the World

Amazon, Microsoft, Meta and others accused by rivals of not respecting new EU competition rules

A new open letter alleges Big Tech “gatekeepers” like Google, Microsoft, and Apple haven’t done enough to comply with the EU’s strict Digital Markets Act.

Published 16 January 2024
Categorised as Finance News

Morgan Stanley revenue tops estimates, helped by strong investment banking business

Morgan Stanley reported fourth-quarter earnings before the bell Tuesday.

Published 16 January 2024
Categorised as Finance News

Trump is a ‘transactional president’ but may not rock the boat on China, Standard Chartered CEO says

Trump would be “transactional” if he returns to power but is unlikely to blow up Biden’s rebuilding of relations with China, says StanChart’s Bill Winters.

Published 16 January 2024
Categorised as Finance News

China’s premier tells Davos that innovation shouldn’t be used to restrict other nations

Chinese Premier Li Qiang was speaking Tuesday at the World Economic Forum in Davos, Switzerland.

Published 16 January 2024
Categorised as Finance News

Goldman Sachs is set to report fourth-quarter earnings — here’s what the Street expects

Hope is building that Goldman Sachs can turn a corner after pivoting away from CEO David Solomon’s failed consumer banking efforts.

Published 16 January 2024
Categorised as Finance News

‘Very good chance’ that U.S. passes stablecoin laws this year, Circle CEO says

Circle CEO Jeremy Allaire said that 2024 is likely the year that the U.S. passes concrete laws for the $135.3 billion stablecoin market.

Published 15 January 2024
Categorised as Finance News

Germany’s economy shrinks by 0.3% in 2023

The estimate is in line with the expectations of analysts polled by Reuters.

Published 15 January 2024
Categorised as Finance News

Canceling trips in your own country? How war is rattling travelers far beyond the Middle East

Geopolitical conflict is affecting travel bookings in 2024, causing travelers to lose confidence to travel internationally — and domestically.

Published 14 January 2024
Categorised as Finance News

Barbara Corcoran: If you feel like a fraud at work, ‘good for you’—why it ‘guarantees’ success

For many people, imposter syndrome can feel like a burden. Barbara Corcoran sees it as a strength, and says it’s a key to success — here’s why.

Published 14 January 2024
Categorised as Finance News

Goldman Sachs says these China stocks can win even if there’s a repeat of Japan’s lost decades

The China playbook is changing, after decades of rapid growth.

Published 14 January 2024
Categorised as Finance News

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