Coins & Money
US equity funds draw inflows on signs of cooling inflation
During the week ending March 12, U.S. equity funds experienced a notable influx of capital, attracting net purchases totaling $4.67 billion. This positive sentiment among some investors was partially driven by a weaker Consumer Price
Intel’s new CEO to receive $1 million as base salary
U.S. chipmaker Intel Corporation (ticker: INTC.O) has announced that its newly appointed CEO, Lip-Bu Tan, will receive an annual salary of $1 million, along with the potential for an annual cash bonus that could reach
Mark Carney sworn in as Canada’s prime minister, says he can work with Trump
Former central banker Mark Carney was officially sworn in as Canada’s Prime Minister on Friday, stepping into the role with a commitment to fostering a more cooperative relationship with U.S. President Donald Trump. This shift
Congress averts government shutdown after Senate passes stopgap funding bill
Congress successfully averted a government shutdown on Friday, just hours before the critical funding deadline, by passing a spending bill that had already cleared the House. This last-minute stopgap measure, designed to sustain government operations
Bond market strains intensify for Reeves as investors await OBR’s verdict
Rachel Reeves faces significant pressure to implement substantial spending cuts in her upcoming Spring Statement, scheduled for later this month, in order to counteract the rising costs associated with government borrowing, investors have cautioned. This
Trump’s ‘Drill, Baby, Drill’ Agenda Could Keep The World Hooked On Oil and Gas
Donald Trump’s recurring slogan of “drill, baby, drill” advocates for increased oil and gas extraction within the United States. However, his ambitions extend even further: he aims to secure a global dependence on fossil fuels
EMA Management Board Elects New Chair
At its meeting on 13 March, the Management Board of the European Medicines Agency (EMA) elected Rui Santos Ivo as the new chair for a three-year term, marking a significant leadership transition within the agency.
Mountfield Sells Operating Arms, Plans Fund Raise To Become Cash Shell
Mountfield Group PLC announced on Monday that it has conditionally agreed to sell its operating businesses through a management buyout, effectively transforming itself into a cash shell with plans to raise £3.1 million via a
Europe Expected a Transactional Trump at a Business Round Table in Washington
President Trump has consistently expressed his disdain for the European Union, framing it as an entity designed to undermine American interests. He has repeatedly asserted that the bloc was established to “screw” the United States,
The IEA Oil Market Report (OMR) is one of the world’s most authoritative and timely sources of data
In February and early March, benchmark crude oil prices experienced a notable decline driven by increasing concerns regarding the global economic outlook and the anticipated growth in oil demand. These worries were exacerbated by escalating
