Money Matters
More rate hikes ahead, stock market expects
Stocks in London tumbled on Tuesday as the surge in record wages fuelled concerns about inflation and further interest rate hikes, while Legal & General declined following lower…
Continue Reading
Timur Turlov’s Freedom Holding finally caught attention of regulators: scam, under-reporting, evasion of sanctions
Timur Turlov’s financial corporation Freedom Holding Corp. is facing accusations of rule violations. It failed to adhere to listing regulations and bypassed sanctions. Yesterday, Freedom Holding Corp announced…
Continue Reading
Agnelli family acquires 15 percent stake in Philips
Investment company Exor has acquired a 15 percent stake in Philips. The investor is owned by the Italian Agnelli family, which is also behind brands such as the…
Continue Reading
Kenes Rakishev turns heads as OXUS invests in a radically new area
When Kenes Rakishev launched Oxus SPAC – a special purpose acquisition company designed to acquire companies and take them public on the American stock market, analysts speculated on…
Continue Reading
Barclays shared a forecast and it is very important
In Barclays’ medium-term model portfolio, bonds have reclaimed their central role alongside stocks. Little is expected from commodities. The money market also offers insufficient returns. Barclays publishes not…
Continue Reading
Revolut to suspend crypto services in US
The UK-based fintech company Revolut has announced that it will suspend its cryptocurrency services in the United States, effective from September 2, 2023. This decision comes as a…
Continue Reading
Only SUVs for Britain: Volvo’s strange decision
Volvo UK caused a stir by confirming that as of now, it is no longer possible to order a sedan or station wagon from Volvo in the United…
Continue Reading