Gallagher Agrees to Buy AssuredPartners
Arthur J. Gallagher & Co has agreed to acquire insurance broker AssuredPartners.
Arthur J. Gallagher & Co has agreed to acquire insurance broker AssuredPartners.
In the United Kingdom, businesses lost steam and pulled back on hiring in November.
Chinese regulators, including the China Securities Regulatory Commission (CSRC), have reportedly requested top global banks to expedite offshore listings for Chinese companies in Hong Kong in an effort to boost overseas fundraising and revive the economy.
Brokerage HSBC expects the S&P 500 index to reach 6,700 by the end of next year.
The Indian unit of the South Korean company LG Electronics Inc. filed for an initial public offering (IPO).
On Friday, December 6, the central bank of India, as previously expected, decided to keep the benchmark interest rate at 6.5%.
In the United States, a recovery in job creation was recorded in November after the minimum figures in the previous month.
Federal Reserve Chairman Jerome Powell said last Wednesday, December 4, that the strengthening of the United States economy means that the central bank of this country can demonstrate some restraint in the context of actions to cut interest rates.
The Saxo Bank Outrageous Predictions, which have already become somewhat traditional, have been published.
Citigroup on Wednesday, December 4, began the process of rolling out new artificial intelligence tools for its employees.
BlackRock is to strengthen its position in the growing private credit market with the acquisition of HPS Investment Partners, a global credit investment manager with $148 billion in client assets.
The media reported that Wells Fargo is selling its headquarters in San Francisco, as the leadership of this financial institution, which is the fourth largest by total assets in the United States banking system, heads east.
On Tuesday, December 3, the value of Salesforce shares increased by 9% after this company published information about its earnings for the third fiscal quarter and guidance for the next fiscal quarter, which exceeded analysts’ preliminary expectations.
China has banned the export to the United States of items related to the minerals gallium, germanium, and antimony, which can be used for military purposes.
Last month, a sharp decrease in the level of manufacturing activity was recorded in Europe, and a further downward dynamic of demand became an obstacle to any hopes for an early recovery of the indicator.
The White House has raised the cap on small business loans.
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