Category: Global

  • Oil’s ‘last hurrah’ is coming, Citi says in bearish outlook for global crude prices

    Slavko Sereda/iStock via Getty Images Oil futures rose on Wednesday despite an unexpected 3.7 million barrel increase in US crude inventories and the International Energy Agency’s forecast of a “spectacular” oil glut by the end of the decade. The International Energy Agency expects oil demand growth to peak by 2029…

  • Oil’s ‘last hurrah’ is coming, Citi says in bearish outlook for global crude prices

    Slavko Sereda/iStock via Getty Images Oil futures rose on Wednesday despite an unexpected 3.7 million barrel increase in US crude inventories and the International Energy Agency’s forecast of a “spectacular” oil glut by the end of the decade. The International Energy Agency expects oil demand growth to peak by 2029…

  • Bernstein Liebhard LLP Announces that a Securities Class Action Lawsuit Has Been Filed Against Hertz Global Holdings, Inc. By Investing.com

    NEW YORK, June 10, 2024 (GLOBE NEWSWIRE) — Bernstein Liebhard LLP: Do you own or hold stock in Hertz Global Holdings (OTC:), Inc.? (NASDAQ: HTZ)? Did you purchase your shares between April 27, 2023 and April 24, 2024 inclusive? Did you lose money investing in Hertz Global Holdings, Inc.? Do…

  • Worldwide Cash Express Teams Up with TerraPay to Broaden Global Payment Services

    Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24…

  • Oslo Freedom Forum Witnesses Global Momentum For Bitcoin And Activism

    On Wednesday, socially minded Bitcoin supporters from Kenya to Canada to Russia gathered for the last day of 2024. Oslo Freedom Forum As part of the Financial Freedom Pathway event to offer their insights on how Bitcoin can be a tool for those who need it most around the world.…

  • Oslo Freedom Forum Witnesses Global Momentum For Bitcoin And Activism

    On Wednesday, socially minded Bitcoin supporters from Kenya to Canada to Russia gathered for the last day of 2024. Oslo Freedom Forum As part of the Financial Freedom Pathway event to offer their insights on how Bitcoin can be a tool for those who need it most around the world.…

  • Interfield Global Software Inc. Provides Update on Status of Failure-To-File Cease Trade Order

    This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Published on June 06, 2024 • 4 minutes…

  • Swiss Finance Minister flags legal risks to winding up global banks By Reuters

    ZURICH (Reuters) – International financial authorities must take into account the legal risks surrounding the potential liquidation of global banks, Swiss Finance Minister Karin Keller-Sutter said on Wednesday. In an interview with the Frankfurter Allgemeine Zeitung newspaper, Keller Sutter was asked whether the rules for dealing with banks deemed “too…

  • China’s manufacturing surges, Caixin PMI shows, but global risks grow By Reuters

    BEIJING (Reuters) – Factory activity in China grew at the fastest pace in nearly two years in May thanks to gains in production and new orders, especially at small businesses, a private sector survey showed on Monday, raising expectations for the second quarter. The Caixin/S&P Global Manufacturing PMI rose to…

  • Binaifer Nowrojee: A lawyer who became first Kenya female to head a global entity

    Binaifer Nworoji, the first woman from the Global South to head the Open Society Foundations, grew up in Nairobi while her father navigated the currents of the legal profession and politics of the time, and captured memories that will last a lifetime. She remembers her bike rides and the games…

  • Kenya lags global peers in budget transparency

    Kenya lags behind its peers in transparency, an indicator of the theft and waste of public funds, a new survey shows. According to the 2023 Open Budget Survey (OBS), Kenya ranks 48th out of 125 countries when it comes to publishing information to support robust public debate on budget estimates.…

  • Vanda Pharmaceuticals Announces Participation in the Jefferies 2024 Global Healthcare Conference By Investing.com

    Washington, May 30, 2024 /PRNewswire/ — Vanda Pharmaceuticals Inc. (NASDAQ:) Vanda (Nasdaq: VNDA) announced today that the company will participate in the Jefferies 2024 Global Healthcare Conference in… New York City on Thursday, June 6, 2024. A corporate presentation is scheduled 2:00 PM EST. The company’s presentation at the Jefferies…

  • Global Plastics Treaty must address social and environmental injustices

    Although African countries are leaders in plastic bans, they remain vulnerable when it comes to the plastic pollution crisis. The lobby for the petrochemical and plastics industry in Africa sees an opportunity for its growth. In the current era of globalization, there is an increase in the production of plastic-based…

  • Dollar loses some ground ahead of key global inflation readings By Reuters

    By Ray Wee SINGAPORE (Reuters) – The dollar fell on Tuesday on a slight rise in risk appetite, but remained in narrow ranges against peers ahead of key inflation data from major economies this week that may guide global interest rate expectations. The euro rose 0.16 percent to $1.0877 despite…

  • Week Ahead in FX (May 27 – 31): Global GDP and Inflation Updates Plus China’s PMIs

    The PMIs are out and now it’s time for the leading lagging indicators to take center stage! Inflation updates may move interest rate expectations for major central banks, while global GDP releases may influence the strength of individual currencies in the next few days. Before all that, ICYMI, I wrote…

  • Dollar firm ahead of global inflation data By Reuters

    Written by Tom Westbrook SINGAPORE (Reuters) – The dollar got off to a steady start to the week on Monday, with investors focusing on inflation data in the United States, Europe and Japan to guide global interest rate expectations. Searches for “carry” have dominated foreign exchange trading in recent months,…

  • GTN Helps Finansia to Offer Fractional and Global Trading to Thai Investors

    Panel discussion on “Regulation, Trust and the Future of Trade in Africa” Panel discussion on “Regulation, Trust and the Future of Trade in Africa” Panel discussion on “Regulation, Trust and the Future of Trade in Africa” Panel discussion on “Regulation, Trust and the Future of Trade in Africa” Panel discussion…

  • A global labor shortage will send tech stocks soaring, with the sector poised to grow to 50% of the total stock market, Fundstrat says

    Cindy Ord/Getty Images A global labor shortage of about 80 million workers will send technology stocks heading parabolic, according to Fundstrat’s Tom Lee. The technology sector will eventually make up 50% of the S&P 500, Lee said Wednesday. “I believe AI is already addressing the global labor shortage of about…

  • Saxo Bank Names Casper Solbakken as the Global Head of Commercial Offering and Experience

    Saxo Bank has appointed Casper Andreas Solbakken as Global Head of Commercial Offerings and Experiences. Solbakken has worked with the online trading and investing company for over 18 years in various positions. Since July last year, he has been Global Head of Products, Pricing and Platforms. 18 years at Saxo…

  • New York Attorney General Reaches $2 Billion Settlement with Genesis Global

    New York Attorney General Letitia James announced on Monday that her office has obtained a $2 billion settlement with bankrupt cryptocurrency company Genesis Global. The agreement comes in response to allegations that Genesis defrauded investors, including tens of thousands of New Yorkers. $2 billion settlement In a post on social…