Global Business Review Magazine: Banking, Finance & Fintech News and Business Awards
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Global business news, analysis and awards
From central bank decisions to fintech breakthroughs, Global Business Review Magazine tracks the stories shaping business in 120+ countries, and celebrates the companies leading the way.
Wall Street Posts Best Day Since April as Oil Slide Eases Inflation Fears
US stocks staged their strongest rally since April as falling oil prices eased inflation concerns and chipmakers rebounded, although Nvidia fell 4.2%.
Traders Bet on December Fed Hike After Strong Payrolls as Inflation Data Looms
Markets are pricing roughly an 80% chance of a December Federal Reserve rate hike after October payrolls far exceeded forecasts, with US inflation data due on Tuesday.
China Pauses IPOs Amid Market Slump as Beijing Steps Up Stock Support
China’s securities regulator has reportedly told investment banks to pause IPOs and halted large share sales, as Beijing adds buyback and swap support after the CSI300’s worst month in more than a decade.
Microsoft 365 Outage Drags Into Second Day as Failed Fixes Hit Businesses Worldwide
A global Microsoft 365 outage disrupted Outlook, Teams scheduling and Copilot into a second day, as Microsoft said early fixes had not produced a sustained recovery.
SoftBank Sinks 11% as Credit Risk Hits Four-Year High Amid Global AI Rout
SoftBank Group shares fell almost 11% in Tokyo as a global sell-off in AI stocks pushed the cost of insuring its debt to a four-year high and sent the Nikkei to its worst week since 2020.
The Expansion of Cross-Border Electrical Interconnections Between Europe and the Mediterranean Basin
A critical requirement for an increased number of electricity connections between Europe and nations across
The Deceleration of United States Manufacturing Growth Amid Shifting Geopolitical and Technological Dynamics
A deceleration in United States manufacturing activity was observed in June following a substantial surge
