DAVOS, Switzerland — World leaders gathered together in the Swiss Alps this week are nervous that Donald Trump will be even more anti-global if he returns as United States president. And they have good reason to be wary. If polls prove correct, the front-runner for the Republican nomination is set to be crowned winner of the …
Brokerage firm CLSA maintained a buy rating on RIL, Goldman Sachs downgraded ONGC, BPCL, and IOC. Jefferies has a buy rating on Godrej Consumer and Nuvama upgraded Infosys to buy ahead of Q3 results. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: CLSA on RIL: Buy| Target …
NEW YORK: A strong US economy is among factors that may help American corporate earnings top current forecasts, according to Goldman Sachs Group Inc. S&P 500 companies’ earnings per share will rise 5% to $237 this year, Goldman strategists led by David Kostin have predicted. That’s already above the median $231 forecast of strategists tracked …
New York: Goldman Sachs Group’s head of global currency, rates and emerging-markets strategy says he’s learned two main main lessons from one of the biggest – and most-common – bad calls of 2023: the bet on post-pandemic China’s reopening boom. At the beginning of the year, Goldman was among the chorus of Wall Street banks …
Apple is set to finish its credit card partnership with Goldman Sachs, according to a Wall Street Journal report published on Tuesday. People claiming to have knowledge of the matter told the Journal that Apple’s contract with the banking giant will end “in the next roughly 12-15 months,” bringing to an end a troubled tie-up …
WeWork, the flexible office space startup, co-founded by Adam Neumann and bankrolled by SoftBank, BlackRock, and Goldman Sachs, has filed for Chapter 11 bankruptcy protection in the US. The company, which reached its peak valuation of $47 billion and raised over $22 billion, has listed its assets at over $15 billion in a petition filed …
Mumbai: Populism during elections invariably dents government finances, but this time around it may not be the same, thanks to strong federal revenues and a liberal dividend payment by the Reserve Bank of India (RBI), Goldman Sachs said. There could be some expenditure cuts as well. It is likely that a cut in public capital …
These advisers are scattered across the globe in cities such as Geneva and New York, and are employed as fiduciaries, meaning they are required to act in the interest of their clients. As such, they become privy to the intimate lives of the rich and famous, who must expose their secrets so that advice may …
SoftBank Group Corp.’s Arm Holdings Ltd. took a step toward what’s set to become the biggest US initial public offering of the year, a bet that the once-obscure designer of phone chips can flourish in the era of artificial intelligence computing. In a long-awaited regulatory filing Monday, Arm said the offering is being led by …