Day: August 2, 2022

Aug 02
We consult on changes to redress calculations for unsuitable pension transfer advice

Home News We consult on changes to redress calculations for unsuitable pension transfer advice We have today published a consultation proposing updates to how redress is calculated for unsuitable defined benefit transfers advice, following a periodic review. Redress aims to put consumers back in the position they would have been in had they remained in […]

Aug 02
FCA to open Leeds office in September with 100 new jobs

Home News FCA to open Leeds office in September with 100 new jobs The Financial Conduct Authority (FCA) will be recruiting to fill more than 100 new roles based in Leeds. The FCA is opening an office in the city later this year and has signed a deal for premises at 6 Queen Street in […]

Aug 02
Soybean Futures (ZS1!), H4 Potential For Bullish Rise

Type: Bullish Rise Key Levels:Resistance: 1508’4Pivot: 1400’4Support: Preferred Case:On the H4, with prices moving above the ichimoku indicator and broken out of the descending trendline , we have a bullish bias that price will rise from the pivot at 1438’6 where the pullback support and 23.6% fibonacci retracement are to the 1st resistance at 1508’4 […]

Aug 02
Bitcoin traders pinpoint key levels to watch as BTC price tests key trendlines

Bitcoin (BTC) is pressuring newly-won support levels this week as geopolitical uncertainty raises the stakes for risk assets. After an impressive monthly close, momentum appears to be waning for Bitcoin’s latest gains, data from Cointelegraph Markets Pro and TradingView shows, and stock markets are not helping the bulls. Volatility was cool as August began, but angst […]

Aug 02
Eliem’s stock slides 20% after saying it will discontinue development of pain treatment

Shares of Eliem Therapeutics Inc. ELYM, -12.58% tumbled 20.0% in premarket trading on Tuesday after the company said it will discontinue development of its treatment for lumbosacral radicular pain after a Phase 2a clinical trial didn’t yield strong enough results. Eliem said it has enough capital to fund the development of other therapies and its […]

Aug 02
Metaverse market share to surpass $50 billion by 2026, says new report

A new report reveals the Metaverse will have a market share surpassing $50 billion by 2026. 235 Total views 3 Total shares A new report by technology research and advisory firm Technavio reveals an upward trend for the Metaverse within the next four years.  The report titled “Metaverse Market in Finance by Component and Geography […]

Aug 02
KKR shares fall after firm misses revenue target, posts loss

KKR & Co. Inc. KKR, +0.13% shares dropped 4.3% on Tuesday after the private equity firm said it swung to a second-quarter loss of $827.93 million, or $1.22 from net income of $1.28 billion, or $2.05 a share, in the year-ago quarter. Revenue fell to $330.04 million from $3.14 billion. KKR said it lost $1.68 […]

Aug 02
Ichimoku Cloud Analysis 02.08.2022 (GBPUSD, NZDUSD, USDCAD)

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is testing Tenkan-Sen. The instrument is currently moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Kijun-Sen at 1.2115 and then resume moving upwards to reach 1.2465. Another signal in favour of a further uptrend will be a […]

Aug 02
The Pound is not going to stop. Overview for 02.08.2022

GBPUSD is keeping the positive momentum gained earlier. The Pound Sterling continues to rise against the USD. The current quote for the instrument is 1.2235. The statistics published yesterday showed that Manufacturing PMI in the United Kingdom dropped to 52.1 points in July against the expected reading of 52.2 points. The indicator is slowing down […]

Aug 02
Colgate-Palmolive to acquire three Red Collar pet food manufacturing plants for $700 million

Colgate-Palmolive Co. CL, +3.00% has announced plans to purchase three dry pet food manufacturing plants from Red Collar Pet Foods for $700 million. The acquisition will support the growth of Colgate-Palmolive’s Hill’s Pet Nutrition business, according to a statement released before market open on Monday. The plants, which are in Orangeburg, South Carolina; Clinton, Oklahoma; […]