The UK and China are cautiously re-engaging, focusing on pragmatic areas like finance, green energy, and trade.
Cities like Paris, Dubai, Amsterdam, Monaco, Geneva, Sydney, and Singapore now appear to be the preferred destinations for millionaires leaving the UK
Direct gold exports from the U.K. to China - a proxy for PBoC purchases - remained impressively strong in November, at 50 tonnes. Click to read.
New York leads the list, with London in second place and Hong Kong in third in the Global Financial Centres Index.
Wall Street shares looked set for more gains on Thursday, as investors cheered earnings from Meta, but shunned Microsoft, while the dollar was steady
Mobileye forecast full-year revenue below Wall Street expectations on Thursday, anticipating fewer shipments of its assisted driving technology to China amid stiff competition from local players.
The company’s overall sales and profits were boosted by stronger-than-expected sales of iPads and Macs, where new chips helped persuade customers to upgrade
While iPhone sales faced headwinds, Apple’s Mac and iPad segments saw significant gains. The company reported $8.99 billion in Mac revenue and $8.09 billion in iPad sales, both exceeding analyst expectations. The strong performance was driven by the launch of new MacBooks, iMacs, and Mac Minis powered by Apple’s latest M4 chip.
The Federal Reserve's favorite inflation gauge is due out this morning. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Donald Trump’s administration is considering stricter limits on Nvidia’s H20 chip sales to China, due to DeepSeek AI and growing concerns over the Asian giant’s AI tech advancements. The H20 chips, compliant with US restrictions,
Intel on Thursday posted December-quarter results that beat analysts' low expectations, while its forecast for current-quarter revenue missed estimates as the chipmaker grapples with tepid demand for its data center chips and as investors wait for a new CEO.
The big question with closing ECM and M&A advisory in Europe and the Americas is what synergies could be lost for the rest of the group