Here is the biggest call Tuesday on Wall Street: Barclays reiterates Apple as an equal weight Barclays said it sees a miss when Apple reports earnings on Friday. “What started as a production-driven cut has moved to claim weakness in…
While we believe in our global health system, the unfortunate truth is that there are two very different worlds. The first is inhabited by people who trust more in medical institutions to treat them fairly. They are mostly male, non-disabled,…
ExxonMobil posted record profits of $55.7bn last year, accounting for the fallout from Big Oil after Russia’s invasion of Ukraine despite a fourth-quarter decline as fossil fuel prices retreated from their highs. The Texas-based oil supermajor ended the year with…
Norway’s sovereign wealth fund was established in the 1990s to invest surpluses from the country’s oil and gas sector. Bloomberg Bloomberg Getty Images Norway’s sovereign wealth fund on Tuesday reported a loss of 1.64 trillion Norwegian kroner ($164 billion) for…
As the calendar turns to 2023, marking a new phase in the months-long battle against inflation, two of America’s center-left economists – Paul Krugman and Larry Summers – continue to debate the best course of action. For the past two…
Gautam Adani’s $2.4bn equity sale has received bids for more than 60 per cent of its shares on offer as it enters the final hours, with the Indian billionaire scrambling to shore up support in response to reports of short…
The logo at the headquarters of UniCredit SpA in Milan, Italy, on Saturday, January 22, 2022. Bloomberg Getty Images UniCredit pledged on Tuesday to return 5.25 billion euros ($5.69 billion) to investors based on 2022 results, further advancing one of…
The second half of 2022 sees the US housing market overheat and slow. This will happen when mortgage rates rise from 3% to 6% after US home prices rose more than 40% during the Housing Boom Pandemic. Unlike existing home…
When the pandemic hits, I think young people entering the job market will be in for a shock that will continue throughout their careers for years. I’ve never been more happy to be proven wrong. There is good reason to…
Apple and Alphabet, among others, are due to post fourth-quarter results this week and all face “their own challenges,” according to technology fund manager Jeremy Gleeson. It comes after Microsoft issued a disappointing revenue forecast last week, but the stock…