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JPMorgan raises its outlook on hard currency emerging market government bonds

JPMorgan raised its outlook for emerging market hardcurrency debt to marketweight from underweight on Monday, citing recent U.S. inflation data as

JPMorgan raised its outlook for emerging market hardcurrency debt to marketweight from underweight on Monday, citing recent U.S. inflation data as evidence of a shift to the next stage of the cycle, with the focus now shifting to growth and U.S. recession risks. Jonny Goulden, JPMorgans emerging market strategist, stated that Federal Reserve hike cycles are typically followed by a wait phase before the advent of a U.S. recession or maybe an emerging market financial crisis. Read More..

B2B Tech News | 2 years ago          

Reliance, Nayara to take advantage of the European energy crisis,

The European energy crisis is projected to benefit Reliance Industries and Nayara Energy. These are Asian refineries that manufacture winterspecified

The European energy crisis is projected to benefit Reliance Industries and Nayara Energy. These are Asian refineries that manufacture winterspecified diesel for the EU. Because Indias stateowned oil companies do not export, Reliance has an advantage. Europe is the worlds leading importer of diesel and is net short of petroleum distillate. Analysts believe that Asia and the Middle East can only provide 1.52.2 million tonnes of refined products per month to Europe as the winter continues. Read More..

B2B Tech News | 2 years ago          

Rapid Changes in the Corporate Actions Industry Require Adaptability, Say CorpActions Panelists

Panelists at this years CorpActions conference in London agreed that flexibility and adaptation are critical for corporate actions divisions to keep u

Panelists at this years CorpActions conference in London agreed that flexibility and adaptation are critical for corporate actions divisions to keep up with event developments. The rise of remote working and the COVID19 epidemic aggravated attrition difficulties, according to one significant point raised. T2S wants to make crossborder securities settlements easier. Corporate events, on the other hand, are not necessarily recognised across borders, causing uncertainty. A reduction in the amount of time available to deal with any issues that may develop could result in an increase in T+1 failures. SIX An increase in the volume of corporate activities must still be considered. Read More..

B2B Tech News | 2 years ago          

SpaceX just bought a big Twitter ad campaign for Starlink

Elon Musks aerospace company SpaceX has ordered one of Twitters larger advertising packages. The campaign will promote the Starlink satellite internet

Elon Musks aerospace company SpaceX has ordered one of Twitters larger advertising packages. The campaign will promote the Starlink satellite internet service, which is owned and operated by SpaceX. When a company purchases one of these packages, they typically spend up to $250,000 to get their brand to the top of Twitter. He is on a mission to generate at least half of Twitters revenue from subscribers rather than advertising. Many advertisers have temporarily paused their ad spending on Twitter, in part due to an onslaught of hate speech and misinformation. Read More..

B2B Tech News | 2 years ago          

Stocks in Australia end softer as a profit booking

At the closing bell, the benchmark S&P/ASX200 index was down 11.61 points, or 0.16%, to 7,146.35. The All Ordinaries index rose 0.13 point, or 0.00%,

At the closing bell, the benchmark S&P/ASX200 index was down 11.61 points, or 0.16%, to 7,146.35. The All Ordinaries index rose 0.13 point, or 0.00%, to 7,350.23. The information technology sector outperformed up 5%, followed by property trusts up 4.1%, materials up 3.7%, and healthcare 3.6%. All of the Big Four banks equities fell, followed by top lender Commonwealth Bank of Australia. Perenti, a mining services provider, rose 6.3% after raising its earnings forecast for fiscal 2023. Energy stocks climbed as oil prices surged on expectations of improved Chinese demand. Read More..

B2B Tech News | 2 years ago          

Chubb promotes Howell to lead consumer business in AsiaPacific

Ben Howell has been elevated to Regional Head of Consumer, APAC for Chubbs Asia Pacific general insurance division. Howell will oversee the financial

Ben Howell has been elevated to Regional Head of Consumer, APAC for Chubbs Asia Pacific general insurance division. Howell will oversee the financial performance of Chubbs consumer division, which includes A&H and personal lines insurance. As a peoplefocused leader, he is known for assembling highperforming teams and taking an active interest in their professional growth. Read More..

B2B Tech News | 2 years ago          

Wipro appoints Ankush Saigal as head of telecommunications business in Southeast Asia

Ankush Saigal will oversee Wipros expansion in the Southeast Asian telecom sector. He will assist clients in accelerating their transformation process

Ankush Saigal will oversee Wipros expansion in the Southeast Asian telecom sector. He will assist clients in accelerating their transformation process and realising their growth goals. Ankush has a wealth of experience in creating and managing longterm strategic client relationships. The appointment comes at a time when the entire telecom industry is looking to adopt an ecosystem strategy in order to reach new heights and drive longterm growth. Read More..

B2B Tech News | 2 years ago          

US Blocks Over 1,000 Solar Shipments Against Chinese Forced Labor

Since June, US ports have detained more than 1,000 shipments of solar energy components. New legislation prohibiting imports from Chinas Xinjiang regi

Since June, US ports have detained more than 1,000 shipments of solar energy components. New legislation prohibiting imports from Chinas Xinjiang region due to worries about slave labour. Policy designed to put pressure on Beijing over its Xinjiang detention facilities. An action could hinder the Biden administrations efforts to decarbonize the US power sector in order to combat global warming. According to a trade group, the inability to procure panels is the main cause of the nearly 23 gigawatts of solar projects that are delayed. The Biden administration was asked by ACP to simplify the import vetting procedure. Read More..

B2B Tech News | 2 years ago          



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