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News

  • April 12, 2024

EUR/USD Plummets, Eying Largest Weekly Loss in 18 Months

Contrasting data in the US and Europe highlights the need for policy divergence between the Fed and European Central Bank – weighing on EUR/USD

  • April 12, 2024

US Dollar Hits a Fresh Multi-Month High, Gold Surge Continues Towards $2,400/oz

The US dollar index opens higher in Europe, aided by a weak Euro, and is back at highs seen last November. Gold is unfazed by US dollar strength and continues to print new highs.

  • April 12, 2024

SFO: Former MoD official sentenced to 30-month over Saudi bribery case

e was charged with corruption and misconduct in a public office. The fraud agency also brought charges against John Mason, 81, a part-owner of some of GPT’s subcontractor companies.

  • April 12, 2024

The Very Group: Moody’s changes outlook on online retailer owned by billionaire Barclay family

Moody's has changed its outlook on The Very Group from stable to negative despite it securing major investment and named a new chief executive.

  • April 12, 2024

Apple fails to have £785m English class action thrown out of court

Last July, there was a class action brought on behalf of UK app developers against Apple, alleging that the company’s App Store holds an unfair monopoly.

  • April 12, 2024

Wealthy man’s stripped back negligence claim against Clyde & Co ‘must go to trial’

A wealthy businessman’s stripped-back claim against Clyde & Co ‘must go to trial’ after a judge threw out his case against two XXIV Old Buildings barristers. Riad Tawfiq Al Sadik, who owns the l

  • April 12, 2024

Jane Fraser’s overhaul marks Citi results as profits hit by severance costs

Citi's results continued to bear the impression of Jane Fraser's restructuring plans, as profit fell sharply compared to the year before.

  • April 12, 2024

Five questions with Apinke Efiong, founder of EKÓ Botanicals

Every week, Ambition A.M. passes the pen (or keyboard) to a founder eager to share the unfiltered stories fuelling Britain’s entrepreneurial spirit.

  • April 12, 2024

Blackrock assets swell to $10.5 trillion as inflows fall by more than half

Blackrock's assets under management swelled to $10.5 trillion in the first quarter of this year due to strong global equity markets.

  • April 12, 2024

Wells Fargo profit falls as customers cash in on higher interest rates

Wells Fargo outperformed market expectations in the first quarter of the year despite reporting a hefty fall in interest income.

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    FINANCIAL ACADEMY

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