Financing
As Fed Opens Liquidity, ECB Sets The Template For Rate Hike
The global central bankers on March 16 rolled out what looks to be an emerging effort when it comes to firewall the rate increases that are required to fight inflation through separate efforts so as to calm the fears...
Financing
Better Financial Status For US Hospitals Beginning 2023
According to Kaufman Hallโs monthly hospital flash report, hospitals across the US did better financially in January 2023 than their situation was a year ago when the COVID-19 variant, Omicron, surfaced. That said, the operating margin still happens to...
Financing
Renewables Bank Finance Grows But Still Behind Fossil Fuels
As per a recent report, banks gave 81 cents for every dollar spent when it came to financing support to low carbon energy supply across 2021. However, they will have to ramp up the commitments much further in order...
Financing
Pune Metro Sanctioned โฌ150mn By European Investment Bank
To support the construction of Puneโs metro rail project, the European Investment Bank has pledged a loan of โฌ150 million.
This 20-year loan has been granted so as to enhance travel for more than 3 million people living in the...
Financing
Marqeta to buy fintech infrastructure start-up Power Finance for $223m
Marqeta, a US-based modern card issuing platform, has agreed to acquire credit card programme management platform Power Finance for a total of $223m in cash.
Under the terms of the agreement, Marqeta will pay about one-third of the total consideration...
Financing
UBS reports 23% increase in Q4 2022 net profit to $1.65bn
Swiss investment bank UBS has reported a net profit of $1.65bn for the fourth quarter ended 31 December 2022, a 23% increase compared to $1.34bn for the corresponding quarter in 2021.
The company reported total revenues of $8.02bn for the...
Financing
A Slight Interest Rate Hike But More Coming- US Fed Reserve
The US Federal Reserve increased its target interest rate percentage point quarter on February 1 and yet continued to promise an ongoing surge in the borrowing cost as part of its battle against inflation.
As per US central bank, the...
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