Investing.com — Markets may be ignoring an important lesson of 2019, according to Goldman Sachs. The Wall Street bank said in a note that the upcoming January Federal Open Market Committee (FOMC) meeting is unlikely to provide substantial new information. Its strategists believe that the statement may acknowledge stabilization in the labor market but is
MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector that is currently under way. BATTLES IN GENERALI AND MEDIOBANCA Caltagirone last year expanded his investments in Italy’s financial sector and is now a key shareholder in bailed-out bank Monte dei Paschi di Siena (MPS)
By Valentina Za, Gianluca Semeraro and Mathieu Rosemain MILAN (Reuters) -Monte dei Paschi (MPS) CEO Luigi Lovaglio has pulled several all-nighters since arriving in Siena in early 2022, when Italy’s Treasury picked him out to revive the fortunes of the world’s oldest bank, five years after bailing it out. Back in October 2022 he worked
Investor Insight West High Yield’s advanced-stage Record Ridge magnesium silica project is progressing through the final approval process. Supported by a positive pre-feasibility study and the Osoyoos Indian Band, the project is well-positioned to advance toward development. Overview West High Yield (TSXV:WHY,FSE:W0H) is an exploration and development mining company focusing on strategic critical minerals with
Like its sister metal gold, silver has been attracting renewed attention as a safe-haven asset. Although it continues to exhibit its hallmark volatility, many silver investors believe that a bull market is starting up for the precious metal. Experts are optimistic about the future, and as the silver price’s momentum continues above US$40 in 2025,
OpenAI’s ChatGPT is one of the latest technological breakthroughs in the artificial intelligence space. But what is ChatGPT, and can you invest in OpenAI? This emerging technology is representative of a niche subsector of the AI industry known as generative AI — systems that can generate text, images or sounds in response to prompts given
The Democratic Republic of Congo (DRC) announced it will lift its eight month cobalt export ban on October 16, replacing it with annual quotas designed to stabilize global supply and prices. Bloomberg reported that the country’s Authority for the Regulation and Control of Strategic Mineral Substances’ Markets (ARECOMS) will allow miners to export 18,125 metric
The silver price surged on Monday (September 22), breaking US$44 per ounce to rise as high as US$44.11. Silver was last above US$44 in 2011, and many of the same factors that drove it to that level are present in today’s market, including significant uncertainty around the economy, a global debt crisis and a dovish
Here’s a quick recap of the crypto landscape for Monday (September 22) as of 9:00 p.m. UTC. Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news. Bitcoin and Ethereum price update Bitcoin (BTC) was priced at US$112,214, a 2.9 percent decrease in 24 hours and its
Perth, Australia (ABN Newswire) – Altech Batteries Limited (ASX:ATC,OTC:ALTHF) (FRA:A3Y) (OTCMKTS:ALTHF) is pleased to announce that the latest research and development efforts for the CERENERGY(R) cell and battery pack have resulted in the design possibility of a higher-capacity battery system. Development has focused on an expanded module concept that delivers greater energy within the same
