Category: Forex

March 11, 2024 BY Robert Bell

Aviva profits rise amid insurance boom

This growth was driven by businesses as well as individuals moving on to private healthcare rather than relying on the state’s services. This helped Aviva’s annual operating profits get a 9% boost in 2023, outperforming analyst predictions by reaching £1.5bn last year. Dame Amanda Blanc, the chief executive at Aviva, received remuneration of £6.6m in…

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March 11, 2024 BY Elizabeth Anderson

$100bn Trade Agreement to Boost India's Economy

This treaty will create one million direct jobs over the next 15 years to help address India's societal imbalance of wealth and poverty. In return, India committed to reducing import duties on products from the countries that form the European Free Trade Association (EFTA). AP reported this trade agreement covers 'goods and services, investment promotion…

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March 08, 2024 BY Robert Bell

Paramount+ set to increase prices as it seeks profitability

This news came as Paramount (PARA) CFO Naveen Chopra spoke at the Morgan Stanley Technology, Media & Telecom Conference. The company believes that it will be profitable by 2025 without having to increase the cost of its packages in 2024. However, Chopra said that “going forward, we do anticipate future price increases”. He also said…

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New York Community Bancorp
March 08, 2024 BY Elizabeth Anderson

NYCB gets $1bn capital backing

The bank announced on Wednesday, 6 March 2024 that former Whitehouse Comptroller of the Currency, Joseph Otting, is its new CEO. This appointment is part of a $1bn capital infusion from investors, which reportedly includes past Treasury Secretary Steven Mnuchin. High interest rates and a problematic commercial real estate (CRE) market are some of the…

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IC Markets Trading View
March 07, 2024 BY Simon Mugo

IC Markets Integrates Its Trading Services With Tradingview Charts

By integrating IC Markets into the TradingView ecosystem, users gain the ability to execute CFD trades directly through TradingView's interface, which includes cryptocurrencies, futures, indices, and various currency pairs. This partnership provides traders with favourable conditions and simplifies access to a broad range of trading opportunities. To begin trading, users can access the trading panel…

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March 07, 2024 BY PureContent

Apple shares fall following $2bn fine

The case revolves around Spotify, which complained in 2019 that its users were prevented from finding out about alternative payment options apart from the App Store. The EU raised a case last year based on this and other companies whose customers are in the same situation. These restrictions were classed as unfair trading conditions in…

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March 07, 2024 BY Elizabeth Anderson

US SEC Adopts New Rules Regarding Climate-control Disclosures

According to this financial watchdog, investors want more information about the economic impacts of climate-related risks in a business to make informed investment choices. At present, climate-impact disclosures are not mandatory, and companies volunteer this information in their filings. Don’t miss out the latest news, subscribe to LeapRate’s newsletter These climate disclosures come into effect…

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March 07, 2024 BY Elizabeth Anderson

OpenAI says Elon Musk backed its for-profit evolution

In a blog post on its website, the AI enterprise responded, saying that Musk, as one of its co-founders, supported a for-profit structure and even suggested a merger with Tesla, Inc. (TSLA). Musk alleges that OpenAI’s focus is on generating profits for its partners and major investor, Microsoft Corporation (MSFT). Musk claims that when he…

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