Category: Financial Markets
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‘It doesn’t matter that you can’t see where it’s coming from’
[ad_1] Lloyd Blankfein, the Goldman Sachs CEO between 2006 and 2018, has said he’s developed a sense of foreboding around economic crises. In an interview on CNBC’s Squawk Box on Thursday, he listed some potential risks lurking in financial markets. “I look at credit spreads being so narrow, so much money going to private credit,…
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Do YOU know all the money phrases and acronyms? Here’s your cheat sheet
[ad_1] OK, deep breath… You live in a HUG home and you’re MASH, and you’re doing an NSD once a week. You’re also a moonlighter because all your money is going on BREAD and you’re guilty about your SNAP habit. 6 Are you confused about money buzzwords? Read our cheat sheet to help youCredit: Getty…
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LONDON MARKET CLOSE: FTSE 100 fades after bright open as growth stalls
[ad_1] (Alliance News) – Blue chips ended the week in subdued fashion, giving up early gains, as tepid UK economic growth data and a drop in US consumer sentiment weighed on the mood. The FTSE 100 index closed down 14.29 points, 0.2%, at 9,283.29. It had earlier traded as high as 9,340.70. The FTSE 250…
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Muslim college professor at top US school accused of secretly helping funnel money to Hamas
[ad_1] A Northwestern journalism professor has been accused of helping to funnel money to Hamas through his organization. Associate Professor, Ibrahim N. Abusharif, 47, who is Muslim, reportedly cofounded the Quranic Literacy Institute (QLI) which allegedly funneled money to terrorist organization Hamas, The Washington Free Beacon reported. Abusharif, a Chicago native, has taught at the school’s Doha…
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Markets mixed as UK GDP data shows growth stutter ahead of budget
[ad_1] Shares in Warner Bros Discovery (WBD) were 4% higher ahead of the US opening bell, after climbing 29% in Thursday’s session, fuelled by reports that Paramount Skydance (PSKY) is preparing a takeover offer. According to a Wall Street Journal report, Paramount (PSKY) is planning a majority cash bid for WBD (WBD), with the offer…
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Yangzijiang Financial soars 8.3% to record high, tops SGX as most-traded counter
[ad_1] The company will be added to STI’s reserve list, comprising the five highest-ranking non-constituents of the index by market capitalisation [SINGAPORE] Shares of Yangzijiang Financial hit an all-time high on Friday (Sep 12) morning, as the investment management firm ranked as the top-traded stock on the Singapore Exchange (SGX). As at 9.43 am, the…
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Florian Wirtz’s real Liverpool transfer fee emerges as Reds could cost themselves more money
[ad_1] Florian Wirtz joined Liverpool from Bayer Leverkusen for an initial £100m this summer, and the add-ons included in his transfer fee will be quite happily paid by the Reds Florian Wirtz joined Liverpool for an initial £100m this summer(Image: Liverpool FC via Getty Images) Florian Wirtz could end up costing Liverpool an extra £16million,…