Best investments for 2021 — Pundits
It is rare for most investment pundits to agree about anything, but, at this point in time, there is a remarkable consensus: ‘Things are looking...
Banking and Finance
S&P 500, Nasdaq close at record highs, European stocks near record high, Oil down for year
Wall Street advanced on Thursday and the dollar gained ground as investors closed the book on a turbulent year of pandemic, recession and recovery. The...
Bundesbank warns Member States to prepare for interest rate hike
Bundesbank President Jens Weidmann warned euro zone governments forced to increase public debt to support their economies during the coronavirus pandemic not to expect the...
Euro hits highest point in 2 years; bitcoin at new high; dollar down
The euro stood at $1.2291, having hit its highest since April 2018 with a gain of almost 10 per cent for the year. The next...
Bitcoin jumps to record $28,600 as 2020 rally reaches new heights
Bitcoin on Wednesday jumped to a record $28,599.99, after the digital currency almost quadrupled in value this year amid heightened interest from bigger investors. The...
Aon seeks to create world’s largest insurance broker; EU blocks $30bn deal
Aon’s $30 billion bid for Willis Towers Watson to create the world’s largest insurance broker faces a five-month long investigation after EU antitrust regulators voiced...
IMF warns of economic ‘scarring’ effects from pandemic crisis
The International Monetary Fund (IMF) warns of the danger of ‘scarring effects’ from the pandemic crisis that could slow economic growth right across the EU...
Revolut accused of holding back bonuses
Revolut faces a court case in Poland as workers accuse the bank of not paying bonuses that were due. The new legal case is the...
Cyprus central bank demands safeguards from local Lebanese banks
Nine Lebanese banks with branches in Cyprus have been asked to provide reserves to protect deposits with the Central Bank of Cyprus — the demand...
EU Commission offers €5bn Brexit relief fund
The European Commission last week proposed a €5 billion fund to provide relief to Member States from the effects of Brexit on their economies. “A...
