Boeing to Sell at Least $10 Billion in Shares to Plug Cash Drain
The jet maker moves to raise much needed cash and secures a new credit line amid paralyzing machinist strike. Source link
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Financial Services Roundup: Market Talk
Read about Allianz, Banco BPM and more in the latest Market Talks covering Financial Services. Source link
Seventeen Group lifts turnover in 2023
Seventeen Group boosted turnover by 21.8% to £45.31m in 2023 on the back of acquisitions and organic growth, as it trimmed losses compared to the year before. The business consists of four units – James Hallam Insurance Brokers, Isle of Man-based broker Kestrel Insurance Services, managing general agent Touchstone Underwriting and London Re, a joint … Read more
UnitedHealth Shares Dive After Health Giant Says 2025 Results Likely to Fall Short
The company estimates that its formal guidance for 2025 will top out at about $30 in earnings per share Source link
Nandan Nilekani is on a new project with the chief banker for global central banks
Agustín Carstens, General Manager of the Bank for International Settlements (BIS), is collaborating with Nandan Nilekani on an ambitious project called the “Finternet.” This initiative aims to revolutionise the global financial system by creating an international ‘payment plus’ system that goes beyond basic transactions. Drawing inspiration from technological advances like the iPhone, Carstens envisions a … Read more