Tag: Finance

BlackRock's GIP Fund on Track to Raise $25 BillionBlackRock Inc.'s Global Infrastructure Partners (GIP) is on the verge of securing approximately $25 billion for its latest flagship fund, positioning itself as one of the...

Shell Plc, a London-based oil and gas major, made headlines as it continued its share buyback program despite a decline in profits. The company reported a drop in profit, attributed to a weak trading...

Federal Reserve Holds Firm Amidst Inflation ChallengesIn a bid to tackle persistent inflation, the Federal Reserve stood its ground on Wednesday, maintaining its benchmark interest rate. The central bank has made it clear that...

William Vereker, the chairman of Santander UK, has announced his resignation following a dispute with Ana Botín, the bank's group executive chairman. The unexpected decision has sent shockwaves through the financial industry, prompting speculation...

Tech stocks in Asia experienced a significant decline as Wall Street also faced a downturn, causing concern among investors and analysts alike. The drop in the tech sector was particularly notable, with major players...

Wall Street on Edge as DeepSeek's AI Spending Sparks ConcernsFinancial analysts and investors are closely monitoring the latest developments on Wall Street as concerns mount over DeepSeek's significant spending on artificial intelligence (AI) technology....

**Commerzbank Considers Major Job Cuts in Response to Andrea Orcel**Commerzbank, one of the leading financial institutions in the country, is facing a major shakeup as it considers thousands of job cuts in response to...

Wall Street Profits Surge with US Earnings UpdateWall Street is abuzz with excitement as the latest US earnings update has sent profits soaring to new heights. Investors are rejoicing as the financial markets experience...