Category: group
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The Trading Pit’s Group Chief Marketing Officer Themis Christou Departs
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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…
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Top utility trade group joins litigation against new Biden power plant rule (NYSEARCA:XLU)
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DWalker44/E+ via Getty Images The largest trade group for electric utilities in the United States said this week that it is Join litigation To challenge the Biden administration’s new rules aimed at cutting carbon emissions from new coal and gas-based power plants. Edison Electric Institute said It supports the EPA’s…
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AstraZeneca shares rise as pharma group unveils 2030 revenue target By Investing.com
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Investing.com – UK-listed shares in AstraZeneca (LON:) rose in morning trade on Tuesday after the pharmaceutical giant announced a new revenue target of 2030. In a statement ahead of an investor event touting a “new era of growth,” AstraZeneca said it now expects to achieve total revenues of $80 billion…
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MultiBank Group Launches Its Dubai-Based Institutional ECN
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MultiBank Group has consolidated its dominance in the prime brokerage trading industry with the launch of MEX Exchange, an electronic communications network for institutional investors (ECN). Yesterday (Monday), the company announced that the ECN network is the first of its kind in the BRICS countries and the Gulf Cooperation Council…
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Anti-tax group advising Trump on second-term tax cuts
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An anti-tax advocacy group with ties to billionaire Jeff Yass and shipping magnate Richard Uehlin is vying for a new round of corporate tax cuts if Donald Trump wins a second term in the White House. The Club for Growth Foundation, whose members have sparred with Trump’s advisers over economic…
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CME Group Plans To Launch Bitcoin Spot Trading, Targeting Wall Street Demand
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According to the Financial TimesThe Chicago Mercantile Exchange (CME) Group, the world’s largest futures exchange, is reportedly in discussions to introduce spot trading for Bitcoin (BTC). The move aims to capitalize on growing demand among Wall Street money managers seeking exposure to the cryptocurrency sector. The move represents an important…
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Equity Group net profit rises by a quarter in Q1 to Sh15bn
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Equity Group Holdings reported a 25.1 percent growth in net profit for the first three months to March to Sh15.3 billion from Sh12.3 billion in the corresponding period a year earlier. The increase in profits is due to the increase in income during this period, as the bank grew its…
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Latham Group reports resilient Q1 despite soft market By Investing.com
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Latham Group, Inc. (SWIM) kicked off the first quarter of 2024 with results that surpassed their own forecasts, showcasing the company’s resilience in a challenging market for the pool industry. The company’s strategic cost reductions and efficiency improvements have led to a stronger margin profile, despite a decline in net…
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HCI Group reports robust Q1 results, eyes expansion By Investing.com
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HCI Group Inc. (NYSE:) has announced a strong start to 2024, with pre-tax income reaching $77.4 million and earnings per share at $3.81 for the first quarter. The company’s growth has been fueled by increased premiums, higher investment income, and improved loss trends, alongside a decline in expense ratios. HCI…
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Bitfinex CTO Dispels FUD, Refutes Data Breach By Ransomware Group
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In an interesting turn of events, Paolo Ardoino, Bitfinex’s chief technology officer, denied rumors about the exchange being involved in a large-scale data breach. This came in response to allegations of a major security breach by hacking group FSOCIETY just over a week ago. On April 26, FSOCIETY claimed on…
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Former NSE chief Geoffrey Odundo joins CPF Group on advisory role
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Geoffrey Odundo, former CEO of the Nairobi Stock Exchange (NSE), has joined financial services provider CPF Group in an advisory role. The company provides retirement benefit scheme, trust fund and administrative services. “Mr. Odundo, a respected leader in African financial markets, will play a pivotal role in CPF’s strategic expansion…