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NewsWatch: Get ready for Apple’s first $100 billion quarter in history
Even a pandemic can't stop Apple Inc. from hitting new records. The smartphone giant is likely to post its first-ever quarter with revenue above $100 billion Wednesday......»»
Oil Extends Record Surge After OPEC+ Said To Discuss 10MM Bpd Cut
Oil Extends Record Surge After OPEC+ Said To Discuss 10MM Bpd Cut Update (0800ET): Minutes after this post, headlines screamed across Bloomberg, sending prices even higher, proclaiming "Russian Producers Ready for Oil Cuts in Bid .....»»
Exclusive: Goldman turns to veteran Daffey to navigate post-Brexit markets
Goldman Sachs named top trader Michael Daffey as global markets chairman on Monday, with a remit to strengthen key client relationships as the Wall Street giant tries to remodel its trading business in Europe after Brexit......»»
Britain seeking far-reaching tariff cuts in post Brexit U.S. trade deal
Britain is seeking far-reaching reductions in tariffs in a trade deal with the United States, trade minister Liz Truss said on Thursday, setting out the broad aims of her post-Brexit push to secure new free trade agreements......»»
JPMorgan says "oui" to Paris expansion post-Brexit
JPMorgan Chase & Co is the latest investment bank to significantly expand its Paris hub as part of plans to relocate some services from London after Britain's exit from the European Union, snapping up new premises in the French capital......»»
JPMorgan to buy Paris building in move from post-Brexit London
U.S. bank JPMorgan Chase & Co (JPM.N) said it plans to buy a building in central Paris as it relocates some services from London after Britain’s exit from the EU.....»»
Apple is now worth more than the entire US energy sector: BAML
Getty Images/Justin Sullivan Apple's post-earnings surge pushed its market cap past that of the entire US energy sector, Bank of America Merrill Lynch analysts wrote Thursday. The tech giant closed.....»»
Pound falls as Bank of England"s Saunders says rate cuts may be needed even with Brexit deal
The British pound fell against the dollar and euro on Friday after dovish comments by Michael Saunders, external member of the Bank of England's Monetary Policy Committee. In published remarks of a speech to the Barnsley .....»»
U.K. Unemployment And Wage Growth - No Room, Absent No Deal Brexit, For Bank Of England Cuts
U.K. Unemployment And Wage Growth - No Room, Absent No Deal Brexit, For Bank Of England Cuts.....»»
John Bolton Says the U.S. Is Ready to Negotiate a Post-Brexit Trade Pact
Negotiating a post-Brexit trade deal with the U.K. "in pieces" would help speed the process, he says .....»»
NewsWatch: Predicting what happens next in stocks will get trickier this fall when markets navigate a roller coaster of big events
But rather than call it quits, investors may want to stay invested in stocks as the barrage of potentially market-moving events kick off, from China tariffs to Brexit to central bank meetings, which could yield more global interest rate cuts.....»»
Weekend Investor: Predicting what happens next in stocks will get trickier this fall when markets navigate a roller coaster of big events
But rather than call it quits, investors may want to stay invested in stocks as the barrage of potentially market-moving events kick off, from China tariffs to Brexit to central bank meetings, which could yield more global interest rate cuts.....»»
Trump will be ready with "pen in hand" to sign a post-Brexit trade deal with Britain, says Mike Pompeo
The US will be ready with "pen in hand" to sign a post-Brexit trade deal with the UK, Secretary of State Mike Pompeo said on Wednesday, despite reservations from congressional leaders about a no-deal Brexit. "We support the United Kingdom's sover.....»»
GBP/USD: Pound Ready For A Blow From The BOE
GBP/USD has hit a fresh two-year low after the Fed's hawkish decision. The Bank of England's rate decision and preparations for a hard Brexit are set to dominate trading today. Thursday's four-hour chart suggests mild oversold conditions. read more.....»»
Bank of England says British banks ready for no-deal Brexit, trade war
British banks hold enough capital to cope with a simultaneous disorderly no-deal Brexit and global trade war, the Bank of England said on Thursday. Pascale Davies reports......»»
Microsoft Cuts Ties With Huawei
Microsoft will reportedly become the latest tech giant to 'suspend' its relationship with Huawei, according to the South China Morning Post. One week after Washington first imposed stri.....»»
Deutsche Bank ready for more cuts as share price sags
The CEO of Deutsche Bank says he is ready to make "tough cuts" as he aims to strengthen the struggling bank's profitability and raise a "disappointing" share price......»»
Goldman Sachs cuts CEO job in Brazil - statement
Goldman Sachs Group is changing its management in Brazil and getting rid of the post of local chief executive officer, the bank said in a statement on Thursday......»»
UK pound drops as central bank chief tempers rate hike talk
The British pound is falling from post-Brexit highs after the Bank of England's governor tempered market expectations of another interest rate hike next month......»»
Currencies: Dollar claws back ground after Beige Book; Canadian dollar sells off after BOC decision
The U.S. dollar edges slightly higher against its main rivals on Wednesday as the British pound falls from a new post-Brexit high on disappointing inflation data, and the Canadian dollar slips as the Bank of Canada left rates unchanged......»»