Crude oil moves closer to $100 milestone as tensions mount between the US and Russia January 26, 2022 Oil prices touched $90 a barrel for the first time in seven years amid tightening supplies and rising tensions between Ukraine and Russia
Exclusive: CME crypto futures products a smash hit with investors January 26, 2022 Surging demand for crypto exposure amongst investors has created a bustling futures market according to the Chicago Mercantile Exchange.
Food and drinks industry call for CO2 deal to head off shortages on shelves January 26, 2022 The food and drink industry has warned the UK of potential shortages without a new agreement on CO2 supplies.
For economists, Argentina is the gift that keeps on giving. Is it back to the 80s? January 26, 2022 For economists of a certain age, Argentina is the gift that goes on giving. For the IMF, it is a recurring nightmare. And for investment bankers, who actually bought into Argentina’s 100-year bond issue in 2017, it ought to be a lesson that they are not as smart as they think they are. Come March, [...]
IMF urges El Salvador to rethink Bitcoin legal tender January 26, 2022 The International Monetary Fund (IMF) has called for El Salvador to reverse its decision to make Bitcoin legal tender.
Ripple hits $15bn valuation amid share buyback January 26, 2022 Distributed ledger technology company Ripple has hit a $15bn valuation after it bought back shares from Series C fundraisers.
Today’s Fed meeting: ‘Officials are behind the curve when it comes to dealing with inflation risk’ January 26, 2022 Markets’ main focus is set to be on today’s Fed meeting, and the messaging that is expected to layout the rate path for the rest of the year, starting with a widely expected 0.25 per cent March rate hike. “Last month’s Fed meeting saw the central bank accelerate its tapering program to $30bn a month, [...]
M&G snaps up stake in wealth manager Moneyfarm January 26, 2022 Investment firm M&G has taken a stake in digital wealth manager Moneyfarm after leading a £44.1m funding round.
Fever raises $227m in round led by Goldman Sachs ahead of possible IPO January 26, 2022 Ticketing platform Fever reportedly raised $227m (£168m) in a Goldman Sachs led funding round signalling live events are making a comeback.
Wizz Air pursues expansion as losses deepen January 26, 2022 Wizz Air doubled losses in the third quarter as it expanded its workforce and fleet amid travel disruption spurred by Omicron.
