Long-term bond yields are unlikely to rise despite interest-rate increases, thanks to voracious investor appetite. The 30-year Treasury yield has risen to 3% from 2.3% in October, and longer-term debt has proved even more resistant […]
Expected to be the world’s largest equity sale, Saudi Aramco (Private:ARMCO) has formally selected JPMorgan (NYSE:JPM), Morgan Stanley (NYSE:MS) and HSBC as international financial advisers for its IPO. The trio joins Moelis and Evercore, which […]
Facebook just made live streaming 360-degree video relatively easy. The feature is integrated in the app. You will need the equipment to capture the content such as the Insta360 Nano (for iPhone) and Air (for Android). Facebook recommends […]
Samsung Electronics has introduced its long-awaited pair of redesigned Galaxy flagship phones: S8 and S8+. They plan to begin taking preorders today and ship on April 21. Among the features on the curved devices: a […]
Banca Popolare di Vicenza’s 2016 figures show a €1.9 billion loss, sparking concerns that its application for a state bailout may be deemed unviable by European Central Bank regulators because the lender’s core capital has […]
The European Commission has blocked the merger of London Stock Exchange Group and Deutsche Boerse. A move expected after LSEG refused to sell its stake in Italian trading venue MTS. “The divestment of MTS, a comparatively […]
JPMorgan Chase is actively seeking a European base away from London and a team of 75 bank officials have considered as many as eight cities, sources said. They have been evaluating multiple aspects from local […]
BlackRock will increase reliance on computer models in picking stocks as part of a restructuring of its actively managed equities business. The move is in response to outflow related to poor performance. Source: WSJ (28/03/2017) […]
Elon Musk has helped to launch a new company called Neuralink and may play a “significant” leadership role in the venture, according to The Wall Street Journal. Neuralink is pursuing the opportunities with using brain […]
Jack Dorsey will do “whatever it takes” to make sure Twitter (NYSE:TWTR) and Square (NYSE:SQ) do well. Amid calls for the tech founder to focus on one over the other. “I’m going to make sure […]
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