Russia-related loss of $ 1 billion, more than expected rate hike = JP Morgan outlook | Reuters

Jamie Dimon, CEO of US financial giant JP Morgan, said yesterday that the bank could lose about $ 1 billion in its exposure to Russia. Representative shooting in June last year. (2022 Archyde.com) [New York, 4th Archyde.com]-Jamie Dimon, CEO of US financial giant JP Morgan, said yesterday that the bank could suffer a loss of … Read more

Evergrande China to announce debt restructuring plan by the end of July | Reuters

China’s real estate developer, Evergrande Group, which has a large amount of debt and is in financial difficulty, announced on the 22nd that it will announce a debt restructuring plan by the end of July. Taken in September 2021 (2022 Archyde.com / Aly Song) [Beijing / Hong Kong, 22nd Archyde.com]–China’s real estate developer, Evergrande Group, … Read more

Russia Evraz resigns 10 directors UK sanctions largest shareholder | Reuters

Russian steel giant Evraz, which is listed on the London market, announced on the 10th that 10 directors have resigned. Taken in November 2021 at the Evraz complex in Nizhny Tagil, Russia (2022 Archyde.com / Maxim Shemetov) [London, 11th Archyde.com]–Russian steel giant Evraz, which is listed on the London market, announced on the 10th that … Read more

Berkshire Holds Over $ 5 Billion Occidental Shares | Reuters

Berkshire Hathaway, an investment company of well-known US investor Warren Buffett, has been found to hold more than $ 5 billion in shares in the US oil and gas giant Occidental Petroleum. Taken in April 2019 (2022 Archyde.com / Brendan McDermid) [Archyde.com]–It was revealed that Berkshire Hathaway, an investment company of well-known US investor Warren … Read more

Focus: Ukraine invasion, young people at the forefront of war on TikTok | Reuters

[1st Archyde.com]–Russia’s invasion of Ukraine started on February 24th. Some of the youngest social media users will experience the forefront of conflict on the video posting app TikTok. Russia’s invasion of Ukraine started on February 24th. Some of the youngest social media users will experience the forefront of conflict on the video posting app TikTok. … Read more

Accelerating withdrawal of investment from Russia, Russia responds by banning asset sales | Reuters

[London, 1st Archyde.com]-The Russian government announced on the 1st that it will temporarily ban the sale of Russian assets by foreign investors amid strong western sanctions against Russia and accelerated withdrawal of investment from the country. The aim is to put a stop to the withdrawal. On March 1, the Kremlin announced that it would … Read more

Atlanta Fed Governor to support accelerated rate hike this year as U.S. Inflation Looms | Reuters

Atlanta, May 9 (Upi) — Fed President Robert Bostic said on Tuesday that the time for U.S. inflation to fall may be approaching.On the other hand, he said that he is inclined to accelerate the pace of rate hikes this year.2018 Year 3 month, taken in Knoxville (2022 Archyde.com/Ann Saphir/File Photo) Washington, May 9 (Archyde.com) … Read more

Morgan S contributes to M & A boom with higher-than-expected fourth-quarter profits | Reuters

Profit exceeded market expectations in the fourth quarter financial results announced by US financial giant Morgan Stanley. The advisory business was strong against the backdrop of the M & A (merger / acquisition) boom. Taken in London, UK, June 2016 (2022 Archyde.com / Russell Boyce / File Photo) [Archyde.com]— US financial giant Morgan Stanley (Morgan … Read more