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ADM Probe Highlights Struggle to Expand Beyond Commodity Trading

(Bloomberg) -- On a recent flying visit to Archer-Daniels—Midland’s European base, the company’s Chief Financial Officer Vikram Luthar had a pessimistic message to deliver.Most Read from BloombergFlorida Governor DeSantis Drops Out of 2024 Race, Endorses TrumpChina Weighs Stock Market Rescue Package Backed by $278 BillionHong Kong Stocks at 36% Discount Show True Depth of China GloomMorgan Stanley, JPMorgan Say Buy the Dip After Treasury RoutNever Trumpers Brace for New Hamp...
Wharton School United States Lake Geneva Switzerland General Seth Goldstein Juan Luciano
Source: yahoo.com

Wall Street analyst fired over 'antisemitic incident' involved Hamas-Israel war

A commodities trading firm has fired an oil analyst over a widely circulated video of the employee’s confrontation related to the Israel-Hamas war with a person who identified himself as Jewish. Freepoint Commodities said in a statement on Saturday that it was “aware of the recent antisemitic incident reported on social media” and that the…
Israel General United States Kurush Mistry Defamation League Gaza Health Ministry Financial Times
Source: yahoo.com

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BNP Paribas Bond Trading Slides as EU Banks Trail US Peers

(Bloomberg) -- BNP Paribas SA posted weaker revenue from fixed-income trading in the third quarter, adding to evidence that European banks underperformed their Wall Street counterparts in a period of lesser turbulence in markets. Most Read from BloombergControversial Chip in Huawei Phone Produced on ASML MachineApple Plans AirPods Overhaul With New Low- and High-End Models, USB-C HeadphonesIsrael Is Losing Support as Fury Grows Over Its Strikes on GazaTrump Ally Mike Johnson Elected House Speake
France General Philip Richards Lars Machenil Bloomberg Businessweek Jean Laurent Bonnafe Tom Mackenzie
Source: yahoo.com

Millennium Lures Ex-Goldman Trader Back to Oil From Stint in Crypto

(Bloomberg) -- Hedge fund Millennium Management hired Benoit Bosc, a former Goldman Sachs Group Inc. oil trader who briefly moved to cryptocurrencies, for a crude-trading role, people familiar with the matter said. Most Read from BloombergPutin Agrees to Visit China in First Trip Since Arrest WarrantCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesWhat to Do With a 45-Story Skyscraper and No TenantsUS Court Paves Way for Spot Bitcoin ETF in Grayscale RulingStocks Up Most Since Jun
New York United States Goldman Sach Emily Nicolle Sridhar Natarajan Bloomberg Businessweek
Source: yahoo.com

Nasdaq Reports Second Quarter 2023 Results; Consistent Execution Drives Solid Revenue Growth

19.07.2023 - NEW YORK, July 19, 2023 (GLOBE NEWSWIRE) - Nasdaq, Inc. (Nasdaq: NDAQ) today reported financial results for the second quarter of 2023. Second quarter 2023 net revenues1 increased 4% compared to the second quarter of 2022. Solutions ...
United States David Lurie Adena Friedman Jann Dennison Listing Services Nasdaq Private Market

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