Trends - Barclays - Business Recorder

Business & Finance

Singapore downgrades GDP outlook, avoids recession

SINGAPORE: Singapore slightly cut its economic outlook for 2023 on Friday after it narrowly averted a recession in...

Published 15 Aug, 2023 06:30am

Business & Finance

Foreign lenders in talks to finance part of Adani Group’s Ambuja debt

BENGALURU: Barclays, Deutsche Bank AG and Standard Chartered are in talks to collectively lend between $600 million...

Published 27 Jul, 2023 06:15pm

Business & Finance

Barclays seeks to stop being corporate banker to Odey Asset Management

NEW YORK: Barclays is looking to terminate its corporate banking relationship with Odey Asset Management (OAM), the...

Published 03 Jul, 2023 06:04am

Markets

European shares end higher on positive earnings

PARIS: European shares ended higher on Thursday supported by positive earnings, especially reports from Deutsche ...

Published 28 Apr, 2023 06:08am

Markets

UK bank Barclays profits from rising interest rates

LONDON: British bank Barclays said Thursday that net profit jumped 27 percent in the first quarter, boosted by...

Published 27 Apr, 2023 02:29pm

Markets

Goldman sees elevated OPEC pricing power, $100 per barrel by April 2024 after supply cut

Goldman Sachs says crude oil production cuts by OPEC could result in a significantly larger deficit in the market,...

Published 04 Apr, 2023 01:04pm

Markets

Barclays warns of upside oil price risk from protracted Kurdish supply halt

BENGALURU: Barclays on Tuesday warned that a disruption in oil exports by the Kurdistan Regional Government (KRG)...

Published 30 Mar, 2023 06:35am

Markets

Barclays cuts 2023 oil price forecasts on resilient Russian output

Barclays cut its 2023 oil price forecasts on Wednesday, due in part to more resilient output from Russia than...

Published 08 Mar, 2023 06:55pm

Business & Finance

Global banks cut jobs as cost pressures mount

LONDON: Global banks are in the process of cutting at least 5,000 jobs as profits at lucrative investment banking...

Published 16 Jan, 2023 06:18am

Opinion

Barclays turbocharges 2030 sustainable finance target to $1trn

British investment bank Barclays has increased its sustainable and transition finance target to $1 trillion by 2030...

Published 15 Dec, 2022 06:44am

Markets

Dollar rises as inflation pressures persist; FOMC meeting in focus

SINGAPORE: The dollar firmed on Monday after data showed producer prices in the United States rose more than...

Published 12 Dec, 2022 09:40am

Business & Finance

Fed may have to slow or stop balance sheet trimming in 2023, Barclays says

NEW YORK: The Federal Reserve may have to slow or stop shrinking its nearly $9 trillion balance sheet sooner than...

Published 20 Oct, 2022 07:45pm

Business & Finance

Musk’s banks may have a way to cut losses from Twitter deal

NEW YORK: Elon Musk’s banks, faced with huge losses on their commitment to finance the $44 billion buyout of...

Published 12 Oct, 2022 05:46am

Markets

Wall Street posts gains driven by banks, healthcare

NEW YORK: Wall Street’s main indexes posted modest gains on Thursday mainly lifted by financial institutions and...

Published 09 Sep, 2022 06:09am

Markets

Asian currencies wilt, South Korean won leads losses after trade data

Asian emerging currencies were broadly weaker on Thursday as the dollar appreciated on fears of steeper rate hikes...

Published 01 Sep, 2022 10:46am

Opinion

100 banks, 1,000 suspects: German fraud probe puts Scholz on the spot

German chancellor Olaf Scholz faces lawmakers’ questions this week over his role in tackling a multibillion-euro...

Published 18 Aug, 2022 05:27am

Markets

GSK, Sanofi and Haleon shares slump on Zantac litigation concerns

LONDON: Shares in GSK, Sanofi and Haleon fell sharply on Thursday, following declines earlier this week, amid ...

Published 12 Aug, 2022 12:35am

Business & Finance

UK banks no longer ‘too big to fail’: BoE

LONDON: Britain’s biggest banks are no longer “too big to fail” in any future financial shocks, with...

Published 11 Jun, 2022 06:13am

Markets

Oil price rise boosts Saudi index; Abu Dhabi extends losses

DUBAI: Saudi Arabian shares outperformed other Gulf markets to close higher on Monday after the kingdom hiked prices...

Published 07 Jun, 2022 05:47am

Business & Finance

Barclays Q1 profit slides 8%, puts buyback on hold

LONDON: Barclays reported a better than expected 8% fall in first quarter profits on Thursday, but put share buyback...

Published 28 Apr, 2022 11:55am

Markets

Barclays shares fall after top investor offloads $1.2bn stake

LONDON: Shares in Barclays fell as much as 6% in early trading on Tuesday, after one of its top investors offloaded ...

Published 29 Mar, 2022 03:48pm

Markets

Barclays hit by $590 million loss on bond blunder

LONDON: British bank Barclays disclosed on Monday around a 450 million pound ($591.80 million) loss on mishandled...

Published 28 Mar, 2022 01:19pm

Markets

FTSE 100 drops on banking stocks

LONDON: London’s FTSE 100 fell on Tuesday as the worsening Ukraine crisis pushed shares of heavyweight banking and...

Published 02 Mar, 2022 04:35am

Markets

FTSE 100 climbs as Barclays, consumer staples boost sentiment

LONDON: UK shares rose on Wednesday aided by strong earnings from Barclays and gains in consumer staples on the back...

Published 24 Feb, 2022 06:34am

Markets

London stocks rise as Barclays, miners lift sentiment

UK shares rose on Wednesday as strong earnings from Barclays and upbeat performances in mining stocks lifted risk...

Published 23 Feb, 2022 02:23pm

Markets

Barclays annual profit nearly trebles as bad loans ebb

LONDON: Barclays reported its annual profit nearly trebled as bad loan charges plunged and its investment bank...

Published 23 Feb, 2022 12:18pm

Markets

Currency markets nervously eye Ukraine headlines, take heart from possible summit

HONG KONG: Currency markets started the week nervously eying tensions in eastern Europe, with the safe-haven yen not...

Published 21 Feb, 2022 11:32am

Markets

Unilever's strategy in spotlight after dropping $68 billion GSK battle

Unilever's strategy was under the investor microscope on Thursday after the consumer goods giant effectively...

Published 20 Jan, 2022 07:52pm

Print

EU fines HSBC, Credit Suisse, others over ‘Sterling Lads’ forex cartel

BRUSSELS: EU antitrust regulators on Thursday fined Barclays, Credit Suisse, HSBC and NatWest 344 million euros ...

Updated 03 Dec, 2021 09:50am

Markets

FTSE 100 hits highest in 20 months

LONDON: London's FTSE 100 index marked its highest close in 20 months on Monday, aided by gains in most bank stocks...

Published 02 Nov, 2021 05:20am