Apple is rumored to have proposed ending its Apple Card partnership with Goldman Sachs

2023-11-29 06:50:04 Apple is rumored to have proposed ending its Apple Card cooperation with Goldman Sachs (AP Photo/Tony Avelar) There have been rumors that Apple Card’s performance has not met expectations, so much so that Apple’s partner Goldman Sachs has considered withdrawing.There seems to be substantial development on this matter now, according towall street journalAccording … Read more

Goldman Sachs sees India GDP growth at 6.3% in 2024

2023-11-20 11:40:44 Goldman Sachs expects the Indian economy to grow at 6.3 per cent in 2024 riding on macro-economic resilience and lower vulnerability to external shocks compared to its peers in the Asia Pacific region. In its ‘India 2024 outlook’ released today, the global investment bank said that repeated supply side shocks are likely to … Read more

Public capex will decline as govt reduces fiscal deficit, private investment must step up: Goldman Sachs

2023-10-09 14:27:41 Private investment needs to pick up as the level of capex cannot be sustained by the government, said Goldman Sachs in a report released Monday. The global investment bank stated that public capex has peaked and will decline as the government reduces its fiscal deficit by almost 1.5 percentage points to 4.5% by … Read more

Goldman Sachs provided inaccurate data on 163 million transactions

2023-09-23 18:45:09 Goldman Sachs has agreed to pay a $6 million fine for sending inaccurate or incomplete trading data to the US Securities and Exchange Commission on at least 163 million trading transactions over approximately ten years. The flaws were found in 22,000 data files known as blue papers, which companies routinely send to regulators, … Read more

China vs. USA: The Battle for Economic Supremacy and Geopolitical Influence

2023-07-21 09:50:00 China vs. USA Both the US and China have great economic power – and are fighting for supremacy. (Photo: Stephan Schmitz for Handelsblatt) According to many experts, China is economically more unstable than it appears. At the same time, the USA is achieving astounding success with its reindustrialization strategy. In contrast to China, … Read more

Electric Vehicles and the Rising Copper Demand: A Comprehensive Analysis by Goldman Sachs

2023-07-06 20:12:25 Goldman Sachs said the growing use of electric vehicles (EVs) was a “key pillar of the copper bull story,” forecasting the sector’s copper demand would top 1 million tonnes this year, rising to 1.5 million by 2025. “Due to its highly conductive and ductile nature, copper is an ideal candidate for the transformation … Read more

Top US Banks Announce Stock Dividend Increases Following Federal Reserve Stress Test Approval

2023-07-02 09:35:43 Major US banks including Morgan Stanley, JPMorgan Chase & Co, Citigroup and Goldman Sachs announced stock dividend increases on Friday, June 30. after passing the latest stress test from the Federal Reserve (Fed). JPMorgan announced plans to increase its stock dividend from $1 per share to $1.05 per share for the third quarter … Read more