Artificial intelligence (AI) is rapidly transforming the banking industry — but not in the way many workers were initially told to expect. Just months ago, major banks reassured employees that AI would support jobs, not […]
In a financial milestone, dividends paid out to shareholders worldwide soared to a record $1.66 trillion in 2023, reports British asset manager Janus Henderson. This remarkable growth, up 5% from the previous year, underscores the […]
Before diving into the remarkable performance of hedge funds in 2023, it’s essential to understand what a hedge fund is. A hedge fund is a type of investment fund that pools capital from accredited individuals […]
Apple has hit a snag in China with recent reports suggesting that Chinese government workers have been instructed to stay clear of iPhones. This news has caused Apple’s shares to tumble for two consecutive days, […]
Arm Holdings, the UK-based chip designer, is gearing up for a significant move – they’re aiming for a market value of over $50bn (£40bn) as they prepare to sell shares to the public for the […]
UBS has agreed to buy its rival Credit Suisse for 3 billion Swiss francs ($3.2 billion) in a bid to save the troubled bank from financial collapse. This move comes as Swiss regulators and governments […]
You may have heard in the news this week that the Silicon Valley Bank in the US, a bank which specialised in working with innovators and entrepreneurs, has collapsed. Or in other words, failed. But […]
Since the outbreak of the coronavirus in January this year, there have been numerous economic events which have been simply unprecedented in their nature. The latest of these, in the wacky world of Covid-19, is […]
With three out of four Americans now under some kind of lockdown, that is around 245 million people who now need to cook for themselves every day. Whilst many may be embracing their kitchens and […]
As the spread of the coronavirus continues to wreak havoc, stock markets around the world have continued their freefall. The Dow Jones, one of the world’s most trusted indices and a strong indicator of global […]
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