Global Finance

In today’s financial landscape, establishing a strong credit history is crucial for individuals looking to secure loans or obtain favorable interest rates. For parents eager to set their children on the right financial path, an effective strategy is to add them as authorized users on credit card accounts. This simple act can significantly jumpstart a

Lombard Odier, one of the oldest private banks in Switzerland, has found itself at the center of a serious legal controversy following its indictment on charges of aggravated money laundering. This indictment, announced by the Office of the Attorney General of Switzerland (OAG), raises profound questions about the integrity of banking practices and the institutional

The holiday season is often regarded as a time of joy, gratitude, and cherished memories with loved ones. As we immerse ourselves in festivities and gift-giving, the importance of mindful spending becomes crucial. Despite its significance, the financial implications of this season can easily spiral out of control. A recent survey indicates that a significant

Tungsten, a critical metal prized for its hardness and high melting point, is an essential component in various industries, including defense and technology. Known for its applications in manufacturing weapons and semiconductors, tungsten has been predominantly sourced from China, which has historically controlled around 80% of its global supply. However, with rising geopolitical tensions and

In a marked demonstration of confidence within the tech sector, San Francisco-based Databricks is reportedly in the process of raising an impressive $5 billion to $8 billion in its latest funding round. This surge in investment comes at a time when the company is not only maintaining its status as one of the world’s most

Warren Buffett, affectionately known as the “Oracle of Omaha,” stands as one of the most iconic figures in investment history, commanding a personal fortune estimated at around $150 billion. However, beneath this immense wealth lies a philosophy that emphasizes responsibility over indulgence. Recently, Buffett has reinforced his stance against the creation of what he terms

In a bold move that has sparked discussions across global markets, President-elect Donald Trump announced via his social media platform, Truth Social, that he intends to implement a substantial tariff increase of 10% on all imports from China. This follows earlier statements revealing his intention to levy a 25% tariff on products from Mexico and

The recent announcement from Italian banking heavyweight UniCredit regarding its intention to acquire Banco BPM has stirred significant discussion in financial circles. Valued at approximately 10 billion euros (around $10.5 billion), this all-stock offer represents a strategic maneuver amidst the ongoing wave of mergers and acquisitions sweeping through the European banking landscape. With a proposition

As the cryptocurrency market is witnessing an unprecedented surge, many investors are riding the wave, buoyed by the allure of quick returns. However, George Milling-Stanley, the chief gold strategist at State Street Global Advisors, articulates a cautionary perspective on the current state of bitcoin investments. He suggests that what many perceive as a golden opportunity

The stock market landscape can shift dramatically based on political events, and the recent U.S. presidential election is a prime example of how investor sentiment can change rapidly. Following the election, many large companies listed on the S&P 500 experienced significant stock price increases, raising questions about the factors driving these changes and prompting a

Two decades after the inception of the first gold-tracking exchange-traded fund (ETF), optimism regarding the precious metal remains robust. George Milling-Stanley, the leading gold strategist at State Street, conveyed his positive outlook during a recent discussion on CNBC’s “ETF Edge.” He pointed towards a dual source of mounting demand: central banks and individual investors, particularly

Baidu, the Chinese technology titan, revealed its third-quarter earnings on Thursday, and the figures present a mixed bag of results. Despite a 3% year-over-year decline in revenue, amounting to $4.78 billion, the company exceeded analysts’ forecasts, which anticipated revenues of only $4.63 billion. This unexpected performance is emblematic of how Baidu is maneuvering through the