Author: IA PressRoom

Prudential’s chief financial officer James Turner has resigned in the wake of an investigation into his conduct “relating to a recent recruitment situation”, the FTSE 100 insurer said on Wednesday.Hong Kong-based Turner, who has held the role for just over a year, will be replaced by Ben Bulmer, chief financial officer of Prudential’s insurance and asset management business, but will remain “available” to the company for four months.Prudential “sets itself high standards and Mr Turner fell short on this occasion”, the company said, without giving details of the recruitment situation. Turner will miss out on some bonus payments that he has…

© Reuters. FILE PHOTO: French Finance Minister Bruno Le Maire speaks at a joint news conference after his meeting with World Trade Organisation (WTO) Director-General Ngozi Okonjo-Iweala at WTO headquarters in Geneva, Switzerland, April 1, 2021. REUTERS/Denis Balibo PARIS (Reuters) – French Finance Minister Bruno Le Maire said on Wednesday he was sticking to a forecast of 1% economic growth this year despite numerous risks to the outlook while a fall in inflation this month offered consumers some relief. The European Commission and the International Monetary Fund are more cautious about the outlook, both forecasting that the French economy is…

2/2 © Reuters. FILE PHOTO: People line up to enter an H&M store, which was reopened to sell the remaining stock before the company exits the Russian market, in Moscow, Russia August 2, 2022. REUTERS/Maxim Shemetov 2/2 By Roman Churikov MOSCOW (Reuters) – Russian designers and brands are helping the retail sector gradually recover from a turbulent 15 months of store closures and slumping demand, with new labels plugging the gap left by foreign rivals and shoppers tentatively returning. Hundreds of foreign retailers shut up shop in response to Russia despatching troops to Ukraine in February 2022, leaving some of…

In a swift turn of events, Bitcoin’s value dipped nearly 2.50% in today’s cryptocurrency market, causing a significant stir among investors and stakeholders. This unexpected drop in Bitcoin’s price is the latest in a series of fluctuations that have been characteristic of this digital currency. This Bitcoin price prediction provides crucial insights into the current trends and indicators in the Bitcoin market that could guide potential investors and current holders in making informed decisions. With a comprehensive analysis of the factors influencing this decline, we seek to forecast potential trajectories that Bitcoin’s price could take in the near future.Binance Australia Users Spotted Selling…

TAT Technologies GAAP EPS of $0.07, revenue of $25.2M

The S&P 500 index is on a tear, rising nearly 10% this year. But most of the gains are from a quintet of stocks that have surged massively this year. Alphabet, Amazon, Apple, Microsoft, and Nvidia are big winners this year. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app The S&P 500 index is on a tear, rising nearly 10% so far this year — in stark contrast to a 13% decline over the same period last year.But gains in the benchmark index — which tracks…

A Chinese fighter jet performed an “unnecessarily aggressive manoeuvre” near a US military aircraft that was flying over the South China Sea last week, the Pentagon said on Tuesday.The US Indo-Pacific Command released video footage of the incident, which it said happened on Friday, as US defence secretary Lloyd Austin was on his way to the region for a visit with stops in Japan, Singapore and India.It was the latest in a number of similar encounters and comes at a time of heightened tensions between Washington and Beijing. China’s military has repeatedly rebuffed US efforts to arrange a meeting between…

© Reuters. Investing.com – European stock markets traded sharply lower Wednesday after disappointing Chinese manufacturing data weighed on sentiment, with key regional inflation data also in focus. At 03:15 ET (07:15 GMT), the index in Germany traded 0.8% lower, the in France fell 0.9% and the in the U.K. dropped 0.7%. Data released earlier Wednesday showed that the Chinese manufacturing sector shrank in May, retreating for the second straight month.  China’s official was 48.8 in May, below the expected 51.4 and the prior month’s reading of 49.2. This pointed to a slowdown in the rebound seen earlier in the year…

A new low market cap coin not officially linked to Andrew Tate, pumped tens of thousands of percent on Uniswap before a 96% crash.Tate (TATE) was the top daily gainer on DEXTools yesterday, which charts DEX coins, at one point being up approximately 50,000%. Andrew Tate Token ($TATE) CrashInfluencer and former kickboxer Andrew Tate hasn’t mentioned the $TATE coin on his Twitter feed @Cobratate.Earlier this month Tate called traders ‘literally just degen autists’ and compared ‘gambling on shitcoins’ to visiting a casino. However in the past he has advocated buying Bitcoin.Also referring to altcoin buyers as ‘sluts’ on May 18th, a…

© Reuters Investing.com – The U.S. dollar gained in early European trading Wednesday after weak Chinese activity data hit risk sentiment, while the U.S. debt ceiling deal cleared an important hurdle. At 03:55 ET (07:55 GMT), the , which tracks the greenback against a basket of six other currencies, rose 0.2% to 104.300, just below the two-month high of 104.420 seen earlier in the week. Data released earlier Wednesday showed that Chinese shrank for a second consecutive month in May, and at a sharper pace than the prior month. This weakness in the important manufacturing sector, which is a key…