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StanChart Gained and Lost Millions on Nigerian Naira's Wild Ride

(Bloomberg) -- Standard Chartered Plc had a wild 2023 with Nigeria’s volatile currency as the African nation struggled with foreign-exchange rules to attract investment from overseas and boost the supply of dollars.Most Read from BloombergBYD’s New $233,450 EV Supercar to Rival Ferrari, LamborghiniStock Rally Stalls at Start of Data-Packed Week: Markets WrapFreddie Mercury’s London Residence Lists at £30 MillionJacob Rothschild, Financier and Philanthropist, Dies at 87P...
City Of United Kingdom Bola Tinubu Bloomberg Businessweek Anthony Osae Brown Stanchart Africa
Source: yahoo.com

S&P 500 Hits 5,100 Milestone to Extend Winning Run: Markets Wrap

(Bloomberg) — Stocks struggled to gain much traction, with big tech losing steam after a powerful rally driven by the artificial-intelligence euphoria. A feat of multiple records in the world’s biggest equity market drove the S&P 500 briefly above the historic 5,100 mark. Most members of the “Magnificent Seven” group of megacaps came under pressure…
New York United States United Kingdom Stoxx Europe Jay Barry David Lefkowitz

Stock Rally Wanes After S&P 500 Touches 5,100 Mark: Markets Wrap

(Bloomberg) — Stocks struggled to gain much traction, with big tech losing steam after a powerful rally driven by the artificial-intelligence euphoria. A feat of multiple records in the world’s biggest equity market drove the S&P 500 briefly above the historic 5,100 mark. Most members of the “Magnificent Seven” group of megacaps came under pressure.…
United States New York United Kingdom Elena Popina Jessica Menton Jay Barry

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Rana Talwar, first Indian to head a global bank, dies

Veteran banker Rana Talwar, who was the first Indian to head a global bank -- Standard Chartered Plc, died at the age of 76 years. Talwar, son-in-law of DLF Group chairman emeritus K P Singh, breathed his last on Saturday, sources said. He is survived by his wife Renuka and son Rahul. Besides
United States Asia Pacific Gurvirendra Singh Talwar Rana Talwar Standard Chartered Plc Standard Chartered Plc As Global

First Indian to head a global bank Rana Talwar no more

Veteran banker rana talwar, who was the first indian to head a global bank -- standard chartered plc, died at the age of 76 years. talwar, son-in-law of dlf group chairman emeritus k p singh, breathed his last on saturday, sources said. he is survived by his wife renuka and son rahul. besides dlf, he served on the boards of various companies including asahi india glass limited and great eastern energy corporation limited.
Rana Talwar Great Eastern Energy Corporation Asahi India Glass Standard Chartered Plc Chartered Plc Asahi India Glass Limited

Oil Jumps as US and UK Launch Airstrikes on Houthis in Yemen

(Bloomberg) -- Oil jumped as the US and allies launched airstrikes against Houthi rebels in Yemen, stepping up retaliation for attacks on ships in the Red Sea that have imperiled flows of fuel and goods through the vital waterway.Most Read from BloombergGoogle Lays Off Hundreds in Hardware, Assistant, EngineeringUK’s Sunak Authorizes Joint Military Strikes With US Against HouthisSEC Authorizes Bitcoin-Spot ETFs in Crypto’s BreakthroughHertz to Sell 20,000 EVs in Shift Back to Gas-P...
United States United Kingdom Saudi Arabia Red Sea Djibouti General Joe Biden
Source: yahoo.com

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