Investment Banking Industry News
A collection of Investment Banking latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Renewables' growing price advantage over fossil fuels paves way for industry dominance
Renewables are reaching the point where they are outcompeting fossil fuels on price — setting the stage for their predicted dominance of the energy sector by midcentury. When it comes to the surging demand for new electric generation, wind…
Macy's investors mount $5.8 billion buyout bid
(Reuters) -An investor group consisting of Arkhouse Management and Brigade Capital has made a $5.8 billion offer to take department store chain Macy's private, after stiff competition from online rivals took a big bite out of its value, according…
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Egyptians head to polls in election overshadowed by Gaza war
[1/4]A banner of presidential candidate and current Egyptian President Abdel Fattah al-Sis stands next to the Central Business District (CBD), which is being built by China State Construction Engineering Corp (CSCEC) in the New Administrative…
Unilever faces break-up battle after 'virtue signalling' retreat
New Unilever chief executive Hein Schumacher has only had his feet under the desk for about 100 days, but already he is under pressure. After years of sluggish growth at Unilever, shareholders' patience is paper thin. The Dutchman, 52, is under the…
TipRanks' 'Perfect 10' Picks: 2 Top-Scoring Stocks for 2024
The bulls are coming out in force, and predicting solid gains for the stock market in 2024. In recent forecasts, 5 out of 8 major investment banks are predicting that the S&P 500 will hit 5,000 or better. The most bullish of these, from Tom Lee…
KeyBanc sees opportunity in tech-enabled drug discovery stocks (NASDAQ:ABCL)
KeyBanc has initiated coverage of the digital biology and tech-enabled drug discovery subsector, citing the biopharma industry's growing appetite for products that can help speed drugs to market and reduce the exorbitant costs associated with drug…
Leak explains why iPhone 16 and Galaxy S24 will have same RAM count as predecessors
Google kicked off the trend of AI phones with the Pixel 8 and Samsung and Apple were expected to follow suit with the Galaxy S24 and iPhone 16, respectively. Though machine learning has been a part of phones for quite some time, the focus is now on…
Egyptians head to polls in election overshadowed by Gaza war
CAIRO: Egyptians head to the polls on Sunday for a presidential election in which Abdel Fattah al-Sisi is poised to win a third term in power as the country grapples with an economic crisis and a war on its border with Gaza. Victory would hand Sisi…
Egyptians head to polls in election overshadowed by Gaza war
Picture Alliance | Picture Alliance | Getty Images Egyptians head to the polls on Sunday for a presidential election in which Abdel Fattah al-Sisi is poised to win a third term in power as the country grapples with an economic crisis and a war on…
Canada Expands Probe Into Beijing-Backed International Bank, Says Participation Remains 'Indefinitely Suspended'
Canada is expanding its probe into the Asian Infrastructure Investment Bank (AIIB) following warnings about Beijing's control within the institution. While the federal government is also indefinitely freezing its participation in the organization…
Egyptians vote in presidential election overshadowed by Gaza war
CAIRO:Egyptians began voting on Sunday in a presidential election set to hand Abdel Fattah al-Sisi a third term in power, as the country grapples with an economic crisis and a war on its border with Gaza. If Sisi wins a new six-year term, his…
Egyptians head to polls in election overshadowed by Gaza war
CAIRO, Egypt – Egyptians head to the polls on Sunday, December 10, for a presidential election in which Abdel Fattah al-Sisi is poised to win a third term in power as the country grapples with an economic crisis and a war on its border with…
Global oil giant invests $5bn in Nigeria as GSK, P&G announces exit
Shell has revealed it is interested in investing billions of dollars in offshore oil investment opportunities in Nigeria This followed a report that some companies are leaving the country due to unfriending working environment A spokesman for Shell…
Horoscope For December 11, 2023, During The Moon Entering Sagittarius
We are open and honest when the Moon enters Sagittarius. Here's what's in store when both Sun and Moon are in the sign of the archer on December 11, 2023. Get ready. You're never too old to learn something new, Aries, And if you've been thinking…
Worsening eurozone business downturn reignites recession fears
The contraction in the eurozone private sector continued in November as more businesses continued to falter, reigniting fears of a recession, albeit a shallow one, towards the end of the year. The final Composite Purchasing Managers' Index (PMI)…
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