The global economic outlook for 2023 is murky at best, economists at Citi warn. “As we survey the prospects for the global economy, we see many reasons for concern, including continued challenges from the pandemic and the Russia-Ukraine war, high inflation, and headwinds from central bank rate hikes,” Citi chief economist Nathan Sheets wrote in a client note Wednesday. “Reflecting these factors, the global economy is likely to endure ‘rolling’ country-level recessions during the coming… Source link
Read More »Nadig Talks Global ETF Inflow Surge on Yahoo!
VettaFi financial futurist Dave Nadig appeared on Yahoo! Finance to discuss the recent ETF inflow surge. Global ETF inflows in October surpassed $111 billion, triple what they did in September. “If you look at where that money is actually going, a big chunk of it went to U.S. equities. Over $50 billion flowed in,” Nadig said, noting that where it went inside that was more complicated. “We’re not seeing a ton of money flow into the riskiest of risky ETFs, but we are… Source link
Read More »Elon Musk could become global ‘punching bag’ as he takes Twitter private
Elon Musk completed his $44 billion deal to buy Twitter on Thursday, reportedly firing top executives and raising questions about content regulation on a platform that banned Donald Trump. The deal comes at a delicate time for social media, as ad revenue wanes and as platforms remain on high alert for potential foreign interference ahead of the Nov. 8 midterm elections. Musk’s decisions on content regulation could determine Twitter’s role in ensuring fair elections. Now that Musk has ousted… Source link
Read More »Samsung Electronics Announces Expanded Partnership With Google To Elevate Smart Home Experiences – Samsung Global Newsroom
The partnership will bring expanded Matter’s multi-admin capabilities to market, offering greater flexibility between smart home ecosystems and convenience for new and existing Samsung and Google users Samsung Electronics today announced an expanded partnership with Google to take smart home interoperability to the next level. In the coming months, Samsung Galaxy phone and tablet users will be able to easily onboard Matter-compatible devices… Source link
Read More »‘Worst is yet to come’ for global economy
The International Monetary Fund (IMF) downgraded its outlook for the global economy next year based on the effects of the war in Ukraine, global inflation that requires interest rate hikes and a slowdown in China. “In short, the worst is yet to come, and for many people 2023 will feel like a recession,” IMF Chief Economist Pierre-Olivier Gourinchas stated. The IMF, which is the primary financial institution of the United Nations, now forecasts global growth will slow next year by 2.7% —… Source link
Read More »U.N. chief warns of ‘a winter of global discontent’
NEW YORK — United Nations Secretary-General António Guterres warned that war, famine and climate change are setting the stage for “a winter of global discontent” in his remarks opening the U.N. General Assembly on Tuesday morning. Speaking to a crowd that included heads of state, many of whom will address the General Assembly this week, Guterres warned that these and other ills, including global inflation and growing economic inequality, pose acute challenges demanding swift action. But he… Source link
Read More »Subscription & Billing Management Global Market Report 2022
ReportLinker Major players in the subscription & billing management market are Zuora, Aria Systems, Gotransverse, BillingPlatform, Cleverbridge, Recurly, Digital River, Oracle NetSuite, FastSpring, Juston, Apttus, Vindicia, SaaSOptics, Fusebill, Zoho, Chargebee, Chargify, SAP, Salesforce, ActivePlatform, Conga, Logisense, Rebilly, VeryConnect and Pabbly. New York, Sept. 16, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Subscription & Billing Management Global… Source link
Read More »FedEx issues ominous warning about the global economy, shares tumble
FedEx (FDX) withdrew its full year earnings guidance and reported preliminary first quarter results that fell short of Wall Street estimates, sending shares tumbling in extended trading on Thursday. “Global volumes declined as macroeconomic trends significantly worsened later in the quarter, both internationally and in the U.S.” FedEx CEO Raj Subramaniam warned in the release. “We are swiftly addressing these headwinds, but given the speed at which conditions shifted, first quarter results… Source link
Read More »UDR to Participate in Bank of America Securities 2022 Global Real Estate Conference
DENVER, September 06, 2022–(BUSINESS WIRE)–UDR, Inc. (the “Company”) (NYSE: UDR), a leading multifamily real estate investment trust, announced today that the Company will participate in the Bank of America Securities 2022 Global Real Estate Conference being held at the Conrad New York Downtown on September 13-14, 2022. The UDR Executive Team will host a roundtable discussion on Tuesday, September 13, 2022, at 12:40 p.m. Eastern Time. The Company’s roundtable discussion will be made… Source link
Read More »Oakley invests in global legal information platform, vLex
vLex Justis Oakley invests in global legal information platform, vLex Oakley invests in global legal information platform, vLex London, United Kingdom , Sept. 05, 2022 (GLOBE NEWSWIRE) — vLex, an award-winning online subscription platform offering easy access to the largest collection of legal information on a single service, receives investment from pan-European private equity investor, Oakley Capital (“Oakley”). This new partnership is fueled by a joint commitment to deliver world-class… Source link
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