Banking and FinanceTop StoriesAmerican banks enjoy ‘Trump Bump’ with stellar Q4 revenue generationGBO CorrespondentJanuary 23, 2025January 23, 2025 GBO CorrespondentJanuary 23, 2025January 23, 2025 Across the five Wall Street banks of JP Morgan, Goldman Sachs, Bank...
FinanceTop StoriesBritish insurer Direct Line rejects Aviva’s USD 4.16 billion takeover bidGBO CorrespondentDecember 10, 2024 GBO CorrespondentDecember 10, 2024 Aviva's proposal was deemed highly opportunistic by Direct Line's board after consulting...
EconomyTop StoriesOPEC+ production cuts may support oil prices in near term: Goldman SachsGBO CorrespondentNovember 29, 2024December 3, 2024 GBO CorrespondentNovember 29, 2024December 3, 2024 Goldman went on to say that increased adherence to OPEC+ production cuts...
EconomyTop StoriesGoldman Sachs, Citigroup cut China’s 2024 growth forecast to 4.7%GBO CorrespondentSeptember 19, 2024September 19, 2024 GBO CorrespondentSeptember 19, 2024September 19, 2024 Previous estimates for the economy's full-year growth were 4.9% for Goldman Sachs...
FinanceTop StoriesGoldman Sachs to layoff up to 1,800 employees despite registering strong profitsGBO CorrespondentSeptember 4, 2024September 4, 2024 GBO CorrespondentSeptember 4, 2024September 4, 2024 Goldman Sachs reported second-quarter profit in July 2024 that more than doubled...
Banking and FinanceTop StoriesFed unlikely to cut rates in 2024: Goldman SachsGBO CorrespondentMay 29, 2024 GBO CorrespondentMay 29, 2024 Goldman Sachs CEO David Solomon said that given the region's more sluggish...
EconomyTop StoriesSaudi Vision 2030: Explaining Kingdom’s ‘National Investment Strategy’GBO CorrespondentOctober 23, 2023 GBO CorrespondentOctober 23, 2023 By 2030, Saudi Arabia intends to increase its nuclear energy capacity by...
Banking and FinanceTop StoriesUAE completes sale of USD 1.5 billion 10-year bond with strong investor demandGBO CorrespondentSeptember 25, 2023 GBO CorrespondentSeptember 25, 2023 The successful completion of another sovereign bond by the UAE, is a...
Banking and FinanceTop StoriesAmid banking crisis, Fed Chair Jerome Powell decides against relaxing monetary policiesGBO CorrespondentMarch 24, 2023 GBO CorrespondentMarch 24, 2023 Fed chair Jerome Powell has now called SVB an outlier that had...
Banking and FinanceTop StoriesSilicon Valley Bank saga to force a change in Fed’s policy stance?GBO CorrespondentMarch 17, 2023 GBO CorrespondentMarch 17, 2023 Venture Capitalist Vinod Khosla and the OpenAI CEO Sam Altman have been...