UniCredit: Going Strong, But Time To Rotate/Hold
UniCredit: Going Strong, But Time To Rotate/Hold
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India draws nearly $10 billion under RBI’s deposit drive to support rupee | Finance News
India has attracted roughly $10 billion in inflows through the Reserve Bank of India’s special deposit programme for overseas Indians, two people familiar with the matter said, supporting efforts to shore up FX reserves and bolster the rupee. The RBI announced a zero-cost foreign-exchange swap facility at its June 5 policy meeting for…
Bridging lender completes £2.475m Kensington penthouse deal
Specialist bridging lender Aspen has completed a £2.475 million Bridge-to-Let facility for the acquisition of a four-bedroom penthouse in the Royal Borough of Kensington and Chelsea, marking its second prime central London transaction within seven days. The deal was completed in under three weeks, funding the auction purchase of a property extending to more than…
Forecasts for Hot US Temps Boost Nat-Gas Prices
August Nymex natural gas (NGQ26) on Wednesday closed up +0.020 (+0.69%). Nat-gas prices settled higher on Wednesday as forecasts for above-average US temperatures are expected to boost nat-gas demand from electricity suppliers to power air-conditioning. The Commodity Weather Group on Wednesday said forecasts shifted hotter, with above-average temperatures expected across most of the Northern US…
What Everyone Is Saying About Smaller Teams in the Age of AI
Snap CEO Evan Spiegel said the social network is already seeing the success of smaller teams. “We have already witnessed small squads leveraging AI tools to drive meaningful progress across several important initiatives, including Snapchat+, enhanced ad platform performance, and efficiency improvements in our Snap Lite infrastructure,” Spiegel wrote in an April letter. At the…
Apple Teams With Klarna to Debut Device Leasing Program
Apple is reportedly preparing to launch a leasing program in partnership with Klarna. That’s according to a report Tuesday (July 21) from Bloomberg News, which calls the Apple Upgrade service one of the largest-ever changes to how Apple sells its products. Due to launch July 28, the program will support most iPhone, Mac, iPad and Apple Watch models, the…
SURVEY: Neutral Is The New Normal For CRE Investors
Top leaders in commercial real estate finance aren’t exactly sanguine about the year ahead, but they are at least feeling less pessimistic, a new CRE Finance Council survey found. Bisnow/Matt Wasielewski A boat navigates the mouth of the Miami River between Brickell Key and Downtown Miami. Overall market sentiment nudged slightly higher in the CREFC’s…
