
Investment platforms face hangover after pandemic party
The trillion-dollar retail investment express is losing steam, dampening the fortunes of British trading platforms that boomed during lockdowns on the back of a meme stocks frenzy.

The trillion-dollar retail investment express is losing steam, dampening the fortunes of British trading platforms that boomed during lockdowns on the back of a meme stocks frenzy.

The prime minister of Iraqi Kurdistan, Masrour Barzani, has been touting the autonomous region’s gas export capabilities as an alternative to Russian supply, but division between the region’s two main parties suggest the plan is, for now, a pipe dream.

BlackRock (BLK.N), the world’s biggest asset manager, said on Monday that clients owning nearly half of its $4.9 trillion in equity index assets were now free to control how votes are cast at the annual meetings of the companies in which their funds invest.

The safe haven dollar gained towards fresh two-decade highs versus major rival currencies on Monday, supported by fears over a global economic slowdown and bets on steep interest rate hikes by the U.S. Federal Reserve.

New York City plans next month to auction a midtown Manhattan apartment owned by a Venezuelan media mogul with ties to socialist President Nicolas Maduro’s government, after U.S. sanctions forced him to miss condominium payments, court records show.

Japan’s government and the central bank are “concerned” about recent sharp yen declines and stand ready to respond as needed on currency policy, they said in a rare joint statement on Friday.

Big U.S. banks including JPMorgan Chase & Co (JPM.N) and Citigroup (C.N) appear set for some earnings boost from a pick-up in the battered credit-card business, but a possible recession would pull consumers back and bring losses on outstanding loans.

Britain’s financial watchdog will have powers to make onsite visits to oversee cloud computing firms like Amazon (AMZN.O), Google (GOOGL.O) and Microsoft (MSFT.O) that provide “critical” services to financial firms, the finance ministry said on Wednesday.

The Russian rouble firmed in early trade on Thursday, heading towards 62 against the euro on the Moscow Exchange, while stock indexes inched lower, lacking new momentum and trading ideas.

Disney+ (DIS.N) launched its steaming service in the Middle East and North Africa on Wednesday, vying for market share in a region where the population is young but few people so far use such services.

The trillion-dollar retail investment express is losing steam, dampening the fortunes of British trading platforms that boomed during lockdowns on the back of a meme stocks frenzy.

The prime minister of Iraqi Kurdistan, Masrour Barzani, has been touting the autonomous region’s gas export capabilities as an alternative to Russian supply, but division between the region’s two main parties suggest the plan is, for now, a pipe dream.

BlackRock (BLK.N), the world’s biggest asset manager, said on Monday that clients owning nearly half of its $4.9 trillion in equity index assets were now free to control how votes are cast at the annual meetings of the companies in which their funds invest.

The safe haven dollar gained towards fresh two-decade highs versus major rival currencies on Monday, supported by fears over a global economic slowdown and bets on steep interest rate hikes by the U.S. Federal Reserve.

New York City plans next month to auction a midtown Manhattan apartment owned by a Venezuelan media mogul with ties to socialist President Nicolas Maduro’s government, after U.S. sanctions forced him to miss condominium payments, court records show.

Japan’s government and the central bank are “concerned” about recent sharp yen declines and stand ready to respond as needed on currency policy, they said in a rare joint statement on Friday.

Big U.S. banks including JPMorgan Chase & Co (JPM.N) and Citigroup (C.N) appear set for some earnings boost from a pick-up in the battered credit-card business, but a possible recession would pull consumers back and bring losses on outstanding loans.

Britain’s financial watchdog will have powers to make onsite visits to oversee cloud computing firms like Amazon (AMZN.O), Google (GOOGL.O) and Microsoft (MSFT.O) that provide “critical” services to financial firms, the finance ministry said on Wednesday.

The Russian rouble firmed in early trade on Thursday, heading towards 62 against the euro on the Moscow Exchange, while stock indexes inched lower, lacking new momentum and trading ideas.

Disney+ (DIS.N) launched its steaming service in the Middle East and North Africa on Wednesday, vying for market share in a region where the population is young but few people so far use such services.
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