Countdown to central bank meetings caps stocks’ advance

Shares rose in Europe on Wednesday as investor sentiment continued to steady after a rout last month, but the advance was capped by concerns over how fast central banks will raise interest rates to quell soaring inflation.
UBS books best annual profit since 2006, sets loftier goals

UBS (UBSG.S) on Tuesday reported its best annual profit since the global financial crisis, emboldening it to hike share buybacks and set more ambitious profit goals as it banks that more digital products will result in hefty cost-savings.
Is Amazon ready to raise the price of Prime delivery? Wall Street thinks so

When Amazon.com Inc on Thursday reports how it fared during the holiday quarter, a key question will be if the retailer will finally raise the price of Prime, its fast-delivery and media subscription.
Turbulent January could bode poorly for rest of year for U.S. stocks

2022 is off to a turbulent start for U.S. stocks.
After volatile January, world stocks start February on firm note

World stocks began the new month on firmer ground, after a volatile January, as reassuring comments from Federal Reserve officials helped to calm rate-hike jitters.
EXCLUSIVE Pearson buys certification group Credly in deal valued at $200m

Education group Pearson has agreed to buy the certification company Credly to expand its offering to businesses looking to train and retain workers at a time of tight labour markets and rapid technological innovation.
Elliott and Vista nears $13 billion deal to buy Citrix – source

Elliott Management Corp and Vista Equity Partners are close to buying Citrix Systems Inc (CTXS.O) in a deal that values the U.S. cloud computing company at about $13 billion, according to a person familiar with the matter.
Inflation stations: Five questions for the ECB

Record euro area inflation rates mean price pressures will top the agenda for European Central Bank policymakers meeting on Thursday.
AirAsia changes name to Capital A as it grows beyond an airline

Malaysia’s AirAsia Group Bhd (AIRA.KL) said on Friday it had changed its name to Capital A Bhd to reflect its growing portfolio of businesses beyond the core budget airline.
The global economy is in the process of reformation!

After the massive Covid-19 situation, the global economy is returning to normal. The majority of countries are heading to the pre-pandemic economy-related activities. However, the recovery of the economy is still unequal. Unemployment is emerging as one of the major issues. OECD countries despite being economically advanced countries are fighting to strike a balance. The […]