Keir Starmer calls for emergency Parliament recoil amid turmoil in UK financial markets ‘What the Government needs to do now is recall Parliament and abandon this budget’ Evening Standard · Sep 28, 2022
Russian oligarch’s seized superyacht sold for $37.5m Axioma, which had been owned by Dmitry Pumpyansky, auctioned after being impounded in Gibraltar The Guardian - UK · Sep 27, 2022
Superyacht linked to sanctioned Russian sold for $37.5m in Gibraltar - court A superyacht linked to a sanctioned Russian businessman fetched $37.5 million at auction in Gibraltar last month after it was sold at the behest of creditor JP Morgan, a court has confirmed, in the first sale of its kind since Russia invaded Ukraine. Reuters · Sep 27, 2022
Kwasi Kwarteng vows to stick with tax cut plan despite calls to ‘reverse course’ Chancellor insists strategy ‘will work’ and promises ‘credible plan’ to address debt next month The Independent UK · Sep 27, 2022
Benzinga's Top Ratings Upgrades, Downgrades For September 21, 2022 Upgrades For Berkshire Hathaway Inc (NYSE:BRK), Edward Jones upgraded the previous rating of Hold to Buy. Berkshire Hathaway earned $6312.49 in the second quarter, compared to $4399.91 in the year-ago quarter. Benzinga · Sep 21, 2022
U.S. bank CEOs back Fed hikes during congressional grilling on economy, China ties The country's top bank chiefs endorsed U.S. Federal Reserve rate hikes as a means to tame soaring inflation, while acknowledging there will be pain ahead, when appearing before Congress during a wide-ranging and mostly sedate hearing on Wednesday. Reuters · Sep 21, 2022
JP Morgan buys Renovite amid fight to keep top spot in payment processing The deal is the latest in a string of acquisitions by the firm in a bid to enhance its technology offering Evening Standard · Sep 12, 2022
Benzinga · Aug 31, 2022 Sam Bankman-Fried Welcomes Comparisons To J.P. Morgan For Crypto Bailouts: 'I Thought Was The Right Thing For The Industry' FTX CEO Sam Bankman-Fried shared key takeaways from the recent crypto bear market and the bailing out of companies during the time. The CEO also shares what went into what companies to support and being labeled the J.P. Morgan of cryptocurrency.
Benzinga · Aug 31, 2022 These 4 Energy Stocks Are Rising As Russia Cuts Off German Gas Supply The United States Oil ETF (NYSE: USO) dropped 1% but the Energy Select Sector SPDR Fund (NYSE: XLE) gained 0.5% on Wednesday as investors digest mixed data on the strength of the global economy and the outlook for energy dema
Kiplinger · Aug 26, 2022 Best Online Brokers and Trading Platforms for 2025 Find the best online brokers using our survey that compares investment offerings, tools, apps, advice and more.
Benzinga · Aug 25, 2022 Salesforce Faces Price Target Cuts On Guidance Cut, Shares Slide Salesforce Inc (NYSE: CRM) reported upbeat results for its second quarter, but lowered its annual projections.
The Texas Tribune · Aug 24, 2022 Texas bans local, state government entities from doing business with firms that “boycott” fossil fuels Texas Comptroller Glenn Hegar singled out financial firms under a 2021 state law that prohibits most state entities from contracting with companies that have reduced or cut investments in the oil and gas industry.
The Guardian - UK · Aug 23, 2022 $75m superyacht linked to Russian steel billionaire auctioned off in Gibraltar The vessel was seized in March under sanctions imposed on Moscow over the war in Ukraine
The Independent UK · Aug 20, 2022 Seized Russian superyacht to be sold at first auction of Ukraine war Potential buyers eye ‘opportunity for a real bargain’ over vessel seized from ‘major oligarch’
The Guardian - UK · Aug 20, 2022 Gibraltar prepares for first auction of a Russian oligarch’s detained superyacht Proceeds of the sale of the Axioma, valued at £65m, will benefit JP Morgan rather than the Ukrainian people
The Guardian - UK · Aug 19, 2022 Prince William charity uses bank that is one of world’s biggest fossil fuel backers Royal Foundation also places investments in trust that owns shares in firms that buy palm oil, investigation reveals