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The Latest Breaking News from Societe Generale

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

As the Strait of Hormuz remains closed for the fourth month, “one development stands out: prices have become remarkably calm,” JPMorgan analysts said.

Fortune

Paytm block deal: SocGen, Ghisallo, Viridian among biggest buyers in Rs 964 crore stake sale

Paytm's parent company, One 97 Communications, saw Rs 964 crore in block deals on Friday. Major institutional investors like Societe Generale and Nippon India Mutual Fund bought shares. Existing shareholders such as SAIF Partners reduced their holdings. This activity occurred as Paytm shares experienced a decline. The stock has shown…

The Economic Times

‘If I was 18 now, there is no way I would go to university only to leave with huge debts and poor job prospects,’ analyst says. He’d be an electrician

The AI macro doomsday scenario is not for 2028, says Albert Edwards of Societe Generale. “It’s here right now!”

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Top analyst: Trump's economy marked by 'soggy consumption, weak job gains and a sour public mood'

J.P. Morgan’s David Kelly sees a political earthquake in 2026, while Société Générale’s Albert Edwards is alarmed by just how little Americans are saving.

Fortune

Gold and gated communities: How rich India’s hoarding fuels inequality

Jo bhi hai wo theek hai, zikra kyon karenHum hi sab jahaan ki, fikra kyon karen.– Sahir Ludhianvi, Phir Subah Hogi, 1958. Truth, when repeated often enough, starts sounding very banal. It just doesn’t register. Take this sentence: India is an economically unequal country. The evidence is all around us, and…

Newslaundry

Win for banks over fugitive's 'audacious' $500m fraud

Westpac and two other banks can recoup funds taken through a $500 million fraud perpetrated by a fugitive former football club owner and his associates.

AAP

SocGen to cut 900 jobs at Paris head office

Societe Generale, a French bank, is set to reduce its workforce by around 900 positions at its Paris head office. Find out more about this restructuring.

Top News

Landmark Climate Bill Bucks Industry Pressure as Big Oil Mocks Need to Transition

The legislation would set a precedent by requiring large companies to disclose total greenhouse gas emissions.

Capital & Main

Factbox-Russian gold shipments to the UAE, China and Turkey

The United Arab Emirates has become a key trade hub for Russian gold since Western sanctions over Ukraine cut Russia's more traditional export routes, Russian customs records show.

Reuters

French authorities search 5 banks in Paris in tax fraud case

French prosecutors say authorities have raided the Paris offices of five banks on suspicion of tax fraud

The Independent UK

Fears over banking sector grow as Credit Suisse shares plunge

Shares in the Swiss bank were halted from trading, as were Société Générale, Monte dei Paschi and UniCredit

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