Crispin Odey faces £1.8M fine and UK industry ban for obstructing hedge fund probe
The UK’s Financial Conduct Authority (FCA) has imposed a £1.8 million fine on hedge fund manager Crispin Odey and banned…
As recession fears grip Wall Street, can Trump’s economic policies avert a downturn?
A dramatic shift in sentiment is sweeping across Wall Street, as stock markets plunge, consumer confidence falters, and economists slash…
Is $50 oil on the horizon? JPMorgan warns of further price drops amid supply pressure
The outlook for oil prices is becoming increasingly bearish on Wall Street, with a growing consensus that crude will trade…
Geopolitics and supply shifts to drive oil price movement in the coming weeks
The political news situation will determine whether the price of Brent oil stays around $70 per barrel, which it has…
Fitch Ratings revises Ecopetrol’s outlook to negative: here’s why
Fitch Ratings has downgraded Ecopetrol’s outlook from stable to negative while keeping its credit rating of BB+. This surprising revision…
India’s central bank urges banks to deploy AI to combat consumer complaints
Faced with a deluge of consumer complaints, India’s central bank is urging financial institutions to embrace the transformative power of…
DocuSign CEO Allan Thygesen dismisses recession fears, says business is brisk
Despite a volatile stock market and growing concerns about an economic slowdown in the United States, DocuSign (DOCU) is painting…
Could the US default on its debt this year?
The US debt currently sits at around $36.6 trillion and the government is, once again, approaching its legal borrowing limit.…
How a Ukraine-Russia ceasefire could reshape energy markets
Ukraine’s potential agreement to a US-negotiated ceasefire could have far-reaching consequences for the global commodity market. If implemented, this ceasefire…
Pernod Ricard, Remy, and other alcohol stocks fall as Trump threatens 200% tariff on European spirits
US President Donald Trump has reignited trade tensions with the European Union by threatening to impose a 200% tariff on…