Bepace.finance

Elon Must Closes USD 44 billion deal to acquire Twitter, fires top executives.

War hit to German economy will last years

It is likely to cost Germany three percentage points of growth this year as a result of Russia's invasion of Ukraine, according to influential economist Marcel Fratzscher of the German Institute for Economic Research.

Paper suggests Monte dei Paschi could raise needed cash in steps

As the bank looks to boost its capital by mid-November, Monte dei Paschi di Siena may raise 2.5 billion euros ($2.5 billion) in steps.

Citi appoints Aveline San as Hong Kong and Macau chief executive

Citigroup said it has appointed Aveline San as the chief executive of its Hong Kong and Macau businesses.

Wall Street ends up, extends recent gains as growth shares rise

Stock market close was higher than last week's, with megacap growth shares rising as Treasury yields eased.

Core CPI rises 2.4% in July, near 8-year high

It appears that the core consumer price index (CPI) for July rose 2.4% from a year earlier, accelerating to the fastest pace in nearly eight years and exceeding the central bank's 2% inflation target again.