Oil dips on potential for faster supply OPEC+ boost NEW YORK: Oil prices slipped on Tuesday from seven-year highs, pressured by speculation that producer group OPEC+... Published 02 Feb, 2022 04:45am
Markets Oil dips on potential for faster supply OPEC+ boost Oil prices slipped on Tuesday from seven-year highs, pressured by speculation that producer group OPEC+ could decide... Published 01 Feb, 2022 11:13pm
Print Goldman Sachs expecting five FED rate hikes this year NEW YORK: Goldman Sachs is forecasting that the US Federal Reserve will raise interest rates five times in 2022,... Updated 30 Jan, 2022 09:03am
Business & Finance Goldman Sachs expecting five rate hikes this year NEW YORK: Goldman Sachs is forecasting that the U.S. Federal Reserve will raise interest rates five times in 2022,... Published 29 Jan, 2022 09:14pm
Business & Finance Apple to turn iPhones into payment terminals, rival Square: Bloomberg NEW YORK: Apple Inc is planning a new service that will allow small businesses to accept payments directly on their... Published 28 Jan, 2022 04:44am
Markets Goldman Sachs: markets have not reached ‘danger zone’ levels yet LONDON: High valuations and one of the strongest recoveries from a bear market in history have left equities... Published 26 Jan, 2022 01:00pm
Business & Finance Higher costs dent Goldman Sachs Q4 despite record 2021 NEW YORK: Goldman Sachs reported record annual profits in 2021 on Tuesday on robust merger and acquisition activity,... Published 24 Jan, 2022 06:50am
Business & Finance Chime lines up Goldman Sachs for blockbuster IPO NEW YORK: Digital banking provider Chime Financial Inc has asked Goldman Sachs Group Inc to help it with ... Published 24 Jan, 2022 06:50am
Markets S&P 500, Nasdaq edge higher after upbeat earnings reports The S&P 500 and Nasdaq edged higher in a choppy trading session on Wednesday after quarterly results from a... Published 20 Jan, 2022 01:23am
Markets Wall St falls on tech drag; GS results trigger more bank declines NEW YORK: Wall Street’s main indexes fell on Tuesday as big technology stocks were slammed by rising Treasury... Published 19 Jan, 2022 06:15am
Markets Wall St falls on tech drag; GS profit miss triggers bank selloff Wall Street's main indexes fell on Tuesday as Goldman Sachs led declines among banks after posting its quarterly... Published 18 Jan, 2022 10:31pm
Business & Finance Goldman shares tumble as weak trading, higher pay hit profit Goldman Sachs Group missed quarterly profit expectations on Tuesday as weak trading activity and rising expenses... Published 18 Jan, 2022 09:06pm
Markets US stocks tumble on worries over higher interest rates NEW YORK: Wall Street stocks tumbled early Tuesday on growing worries over higher lending rates, while shares of... Published 18 Jan, 2022 08:53pm
Markets Wall Street tumbles as tech stocks extend slide NEW YORK: Wall Street’s main indexes tumbled on Monday as heavyweight technology stocks dropped on expectations of... Published 11 Jan, 2022 06:33am
Markets Some Wall Street banks see four US interest rate hikes this year Goldman Sachs expects the Federal Reserve to raise interest rates four times this year and begin the process of... Published 10 Jan, 2022 07:26pm
Markets Goldman Sachs says bitcoin will compete with gold as ‘store of value’ LONDON: Bitcoin will take market share away from gold in 2022 as digital assets become more widely adopted, Goldman... Published 05 Jan, 2022 07:47pm
Business & Finance Aussie, kiwi rally attempts falter SYDNEY: The Australian and New Zealand dollars were pinned near two-week lows in holiday-thinned trade on Tuesday,... Published 05 Jan, 2022 05:36am
World Biden, Manchin spoke about social spending bill NEW YORK: US President Joe Biden and Senator Joe Manchin spoke about the “Build Back Better” bill a day after ... Published 01 Jan, 2022 04:07am
Markets Goldman Sachs expects oil demand to hit record levels in 2022, 2023 SINGAPORE: Goldman Sachs expects average global oil demand to hit record levels in the next two years on the back of... Published 17 Dec, 2021 10:49am
Markets Dow bounces back on cyclical boost; Nvidia leads tech stocks lower NEW YORK: The Dow jumped over 1% on Monday as economy-linked banks and energy stocks came roaring back after sharp... Published 07 Dec, 2021 06:29am
World Goldman Sachs cuts US GDP growth forecast for 2022 over Omicron fears NEW YORK: Goldman Sachs on Saturday cut its outlook for US economic growth to 3.8% for 2022, citing risks and... Published 05 Dec, 2021 04:26am
Business & Finance Goldman Sachs cuts US GDP growth forecast for 2022 over Omicron fears Goldman Sachs on Saturday cut its outlook for US economic growth to 3.8% for 2022, citing risks and uncertainty... Published 04 Dec, 2021 08:57pm
Markets OPEC+ starts two days of talks amid oil price slide, Omicron fears LONDON: OPEC and its allies began two days of meetings on Wednesday to decide whether to release more oil into the... Published 01 Dec, 2021 11:38pm
Markets Natural gas prices in Europe soar on pipeline setback MOSCOW/LONDON: The price of natural gas surged again in Europe on Wednesday after a delay in the approval process ... Published 18 Nov, 2021 03:58am
World Goldman Sachs downgrades Indian equities on valuation BENGALURU: Goldman Sachs has downgraded Indian equities by one notch to ‘market weight’, citing a blistering run... Published 13 Nov, 2021 04:08am
Business & Finance Goldman Sachs offers new way for investors to bet on SPACs NEW YORK: Goldman Sachs Group Inc has come up with a new offering that allows investors to bet on special purpose... Published 02 Nov, 2021 05:20am
Markets Goldman Sachs brings forward US rate hike projection by a year Goldman Sachs has brought forward its forecast by a year to July 2022 for the first post-pandemic US interest rate... Published 01 Nov, 2021 12:53pm
Markets Oil edges up to new multi-year highs on short supply NEW YORK: Oil prices edged up to fresh multi-year highs on Tuesday, supported by a global supply shortage and strong... Published 27 Oct, 2021 04:50am
Markets Wall Street in Riyadh sees lingering inflation, oil hitting $100 RIYADH: Top Wall Street firms warned at an investment conference in Riyadh of the risk of a sustained increase in... Updated 26 Oct, 2021 07:31pm
Business & Finance Goldman Sachs thrives on global dealmaking frenzy to post bumper profit NEW YORK: Goldman Sachs Group Inc reported a 66% surge in third-quarter earnings that swept past expectations on... Published 16 Oct, 2021 04:49am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?