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Tag: market

Dollar Steady as Market Anticipates Fewer Rate Cuts

Dollar Steady as Market Anticipates Fewer Rate Cuts Today market analysis on behalf of Bas Kooijman is the CEO and Asset Manager of DHF Capital S.A The U.S. dollar steadied following two consecutive sessions of declines. Market participants are reevaluating their positions after an extensive rally since early October, driven by political developments surrounding the U.S. election and, more recently, President-elect Donald Trump’s cabinet appointments. These developments are...

Top 20 Global Biopharma Companies See 2% Growth

Top 20 Global Biopharma Companies See 2% Growth The biopharmaceutical industry demonstrated signs of recovery in the third quarter (Q3) of 2024, with increased investor optimism following the interest rate cuts by the US Federal Reserve in September 2024. As a result, the top 20 global biopharmaceutical companies reported an upturn of 2% in aggregate market capitalization from $4.2 trillion as on 30 June 2024...
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Boosting investments allocation among oil and gas operators could strengthen production

Boosting investments allocation among oil and gas operators could strengthen production The Denver Julesburg (DJ) Basin located in Colorado and Wyoming has experienced a constant...

Cybersecurity Spending to Increase by 20% in 2021 Following SolarWinds Hack

Cybersecurity Spending to Increase by 20% in 2021 Following SolarWinds Hack A few weeks before the end of 2020, hackers breached software provider SolarWinds, directly...

Egypt: Digital Transformation Boosts ICT Market to EGP 93 Billion

Egypt: Digital Transformation Boosts ICT Market to EGP 93 Billion Digital transformation is driving Egypt’s ICT market to EGP 93 billion, and ensuring that organizations...

Global demand is set to drop by 5%, investment by 20%

Global demand is set to drop by 5%, investment by 20% The COVID-19 pandemic has caused more disruption to the energy sector than any other...

World’s Five Largest Asset Management Companies Hold $22.5trn in Assets, More than US GDP

World's Five Largest Asset Management Companies Hold $22.5trn in Assets, More than US GDP Institutions and individuals who invest money usually do so with the...

Global largest banks lose $635bn in market cap amid pandemic

Global largest banks lose $635bn in market cap amid pandemic Data presented by Buy Shares indicates that 14 selected major global banks cumulatively lost $635.33 billion in...

A new partnership to provide highly-efficient automated text recognition software

A new partnership to provide highly-efficient automated text recognition software 3W Networks, the Telecom and Security Systems Integrator, has formally announced a partnership with the...

Excess of crude supply already suppressed from US market

Excess of crude supply already suppressed from US market Following Energy Information Administration’s release of official weekly data on stocks, demand and supply of US...

Cityzenith unveils new highly advanced Digital Twin technology—SmartWorldPro2

Cityzenith unveils new highly advanced Digital Twin technology—SmartWorldPro2 Cityzenith today unveiled its long-awaited Beta release of SmartWorldPro2, the follow-up to its flagship Digital Twin software platform, SmartWorldPro...

German Car Manufacturers With Double the Losses of Premium Italian Brand

Ferrari Defies Corona Crisis: German Car Manufacturers With Double the Losses of Premium Italian Brand Since the stock market crash on 19 February, Ferrari's stock...

Goldman Sachs, Morgan Stanley held 24% of Wirecard voting rights before the collapse

Goldman Sachs, Morgan Stanley held 24% of Wirecard voting rights before the collapse Data obtained by Buyshares.co.uk indicates that Goldman Sachs Group and Morgan Stanley accounted for...

US petrochemical industry forced to rethink investment decisions amid COVID-19 pandemic

US petrochemical industry forced to rethink investment decisions amid COVID-19 pandemic The COVID-19 outbreak and crude oil price crash have pushed petrochemical companies in the...