Category: Forex

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March 18, 2024 BY Simon Mugo

Pepperstone Partners With Tennis Legend John McEnroe as an Ambassador

Australian tennis talent Alex de Minaur, who has already represented Pepperstone, is joining forces with McEnroe. McEnroe expressed his enthusiasm about the partnership, noting Pepperstone's known dedication to tennis and sharing a mutual zeal for the sport's advancement. McEnroe's induction as an ambassador underscores Pepperstone's dedication to fostering tennis globally. The brokerage has made its…

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March 18, 2024 BY Robert Bell

Under Armour shares drop with CEO set to move on

Linnartz has been in the role for a little more than a year and has been making significant changes, such as introducing a rewards programme and making high-profile hiring decisions. Analysts are now undecided as to whether the return of Plank is a good thing and whether he will be back for the long term…

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March 18, 2024 BY Elizabeth Anderson

UBS a likely Titanic after Credit Suisse acquisition?

The acquisition turned UBS into a colossus with a current market cap of approximately $102.46bn. Based on Reuters information, its balance sheet totals more than $1.6tn, which is roughly double the Swiss economy. On paper, this financial giant may seem unsinkable, but economists argue that UBS is “too big to save”. The inability of Credit…

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March 15, 2024 BY Simon Mugo

Capital.com Halts the Onboarding of New UK Clients, Maintains License

The decision comes despite the firm holding an active authorisation from the UK's Financial Conduct Authority (FCA) since 2018, indicating that its operating license remains unaffected. Prospective clients in the UK are notified on the Capital.com website, indicating a temporary pause in new client onboarding. The notice explains the company's rapid growth and commitment to…

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Twitter becomes a contender for buying TikTok
March 15, 2024 BY Elizabeth Anderson

TikTok ban depends on majority stake

At present, ByteDance, a private Chinese company, owns TikTok. On Wednesday, 13 March 2024, the US House of Representatives approved a bilateral bill to cancel the international app if the company does not divest its stake. In a CNBC Squawk Box interview, Mnuchin, who is currently at the helm of Liberty Strategic Capital, said: I…

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Bitcoin
March 15, 2024 BY Robert Bell

MicroStrategy share price climbs as it buys more Bitcoin

Founder Michael Saylor posted on X that the firm made this purchase “using proceeds from convertible notes & excess cash.” He said more institutional investors are considering owning BTC as it gets incorporated into ETFs. Saylor also believes that the halving process to be carried out in April this year will keep demand for the…

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March 14, 2024 BY Robert Bell

2023 saw record amount of corporate dividends paid

The data comes from the Janus Henderson Global Dividend Index (JHGDI) report, which is released on a quarterly basis. It confirmed that Microsoft (MSFT) paid the most significant dividend in 2023. Apple (APPL) and Exxon Mobil (XOM) followed the tech giant on the list. Ben Lofthouse, the head of global equity income at Janus Henderson,…

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March 14, 2024 BY Elizabeth Anderson

MIPIM 2024 Reflects Mixed Feelings on CRE Recovery

Reportedly, concerns at the forefront include the plunging commercial real estate market (CRE). During the pandemic, many offices were vacated by staff, and businesses established remote work practices. Since then, the market never fully recovered. Based on Reuters information, the 20,000 attendees include property giants such as LaSalle, Greystar, AEW, Patrizia and Federated Hermes (FHI.N).…

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