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Monthly Archives: January 2023

Prices have not peaked yet, says Unilever CEO

Unilever CEO Alan Jope photographed at the World Economic Forum in May 2022. Hollie Adams | Bloomberg | Getty Images The CEO of consumer goods giant Unilever said Tuesday that prices would likely continue to rise in the near term, adding that his firm had a playbook for high inflation thanks to …

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SAP CEO says the world is entering the ‘next phase of globalization’

The CEO of German tech giant SAP said the world is entering the next phase of globalization — and he’s largely optimistic on the outlook for technology despite challenges posed by higher interest rates and supply chain disruptions. “We are entering from my perspective the next phase of globalization,” SAP …

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Top bank CEOs weigh in on inflation outlook

CEO Ralph Hamers of Swiss bank UBS addresses the Annual Meeting of Swiss Financial Institute in Zurich, Switzerland, on Nov. 10, 2022. Arnd Wiegmann | Reuters 2023 will be “the year of inflection” for the global economy, said UBS CEO Ralph Hamers on the sidelines of the World Economic Forum …

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UK house prices to fall by up to 10% this year, Lloyds Bank CEO says

Fog shrouds the Canary Wharf business district including global financial institutions Citigroup Inc., State Street Corp., Barclays Plc, HSBC Holdings Plc and the commercial office block No. 1 Canada Square, on the Isle of Dogs on November 05, 2020 in London, England. Dan Kitwood | Getty Images News | Getty …

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China’s earlier reopening means earlier economic recovery: Analysts

A tai chi session in Nantong, East China’s Jiangsu province, on Oct. 23, 2022. The nation’s economy grew 3% for the full year of 2022 — the second-slowest growth rate it has seen since 1976. Future Publishing | Future Publishing | Getty Images China may have marked one of the …

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China’s reopening will boost Hong Kong markets despite weak GDP print, HKEX chairman says

Chinese and Hong Kong flags flutter as screens display the Hang Seng Index outside the Exchange Square complex, which houses the Hong Kong Stock Exchange (HKEX), on January 21, 2021 in Hong Kong, China. China News Service | China News Service | Getty Images Hong Kong markets are set to …

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Goldman Sachs fourth quarter results are coming — what the Street expects

David Solomon, chief executive officer of Goldman Sachs Group Inc., during a Bloomberg Television at the Goldman Sachs Financial Services Conference in New York, US, on Tuesday, Dec. 6, 2022.  Michael Nagle | Bloomberg | Getty Images Goldman Sachs is scheduled to report fourth-quarter earnings before the opening bell Tuesday. …

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Founders of bankrupt Three Arrows Capital pitch new platform for crypto debt claims

FTX logo with crypto coins with 100 Dollar bill are displayed for illustration. FTX has filed for bankruptcy in the US, seeking court protection as it looks for a way to return money to users. Jonathan Raa | Nurphoto | Getty Images The co-founders of failed cryptocurrency hedge fund Three …

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Europe can learn from Biden’s Inflation Reduction Act, Spain’s PM says

Spanish Prime Minister Pedro Sanchez. Anadolu Agency | Anadolu Agency | Getty Images DAVOS, Switzerland — Spanish Prime Minister Pedro Sanchez told CNBC Monday that the European Union has something to learn from Washington and its new policies to fight inflation, saying he hopes that a trade war between the …

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Tori Dunlap of Her First $100K shares tips to build wealth

Tori Dunlap wants to remind you: personal finance is personal. In order to achieve financial success, you have to do what’s best for your own situation — not someone else’s. Dunlap gained a following blogging about her journey to save $100,000 by the time she turned 25. When she accomplished …

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