SAN DIEGO — Juan Soto had barely landed, Josh Bell had just sat down and Josh Hader was beginning to learn the names of his new teammates when Peter Seidler, the Padres’ owner, explained that “the art of the possible is here.” But just as quickly as the Padres reset all expectations for their season … Read more
AppLovin Corporation stock (NASDAQ:APP) fell 10.2% in Wednesday’s extended trading session, reflecting investor disappointment over weaker-than-expected second-quarter results and lower 2022 guidance. It is worth noting that shares of this $13.6 billion company are up 12.7% to close at $40.46 in Wednesday’s normal trading session. On Tuesday, the company proposed that Unity Software Inc. (NYSE:U) … Read more
FTSE 100 to open unchanged after positive trading in Asia and US 0638 GMT – The FTSE 100 index is likely to open broadly unchanged at 7510 after upbeat trading in Asia and Wall Street, according to IG Futures data. Markets in Australia, mainland China, Hong Kong and South Korea rallied and the Dow finished … Read more
Old Mutual trading statement for the period ended 30 June 2022 Old Mutual LimitedIncorporated in the Republic of South AfricaRegistration number: 2017/235138/06JSE Alpha Code: OMLI(‘Old Mutual’ or “Company” or “Group”) 11 August 2022 OLD MUTUAL TRADING STATEMENT FOR THE PERIOD ENDED 30 JUNE 2022 Investors are advised that Old Mutual is currently in the process … Read more
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold prices traded weak in India on Thursday, reflecting global trends. On the Multi Commodity Exchange, October gold futures traded 160 rupees, or 0.3 percent down at 52,081 rupees per 10 grams from the previous close of 52,241 rupees. Silver September futures fell 404 rupees, or … Read more
Beijing’s trade blockades against Taiwan affect about 0.04% of their two-way trade, confirming these moves are political rather than economic in Beijing’s playbook, analysts said. Beijing took action against Taiwan following the visit of US House Speaker Nancy Pelosis earlier this month, despite warnings from Beijing. These included suspending imports of Taiwanese citrus, frozen fish, … Read more
Trade setup for Thursday: After weak inflation data from China, the Indian stock market traded choppy on Wednesday. The Nifty 50 index ended 9 points higher at 17,534 while BSE Sensex lost 35 points to close at 58,817. The Nifty Bank index closed 50 points north at 38,287 levels. Among the sectors, metals and capital … Read more
A federal jury in Illinois’ Northern District today convicted two former JPMorgan Chase & Co. (JPMorgan) precious metals traders of fraud, attempted price manipulation and spoofing in a multi-year market manipulation program in precious metals futures contracts that spanned eight years and involved thousands of unlawful trade sequences. According to court documents and evidence presented … Read more
[co-author; Yana Greenwood, Sullivan Trainee Solicitor]
At the last Trade & Export Finance webinar, partner Geoffrey Wynne addressed the topic of Irrevocable/Independent Payment Undertaking, commonly known as the IPU. An IPU is a payment obligation, usually given by the buyer of goods and services to the seller, and not by a third party (e.g. guarantor) and not to a third party (e.g. financier).
The Tigers entered the 2022 season with high ambitions. They thought they had put behind the long darkness of a drawn-out rebuild with the high-profile signings of Javier Baez and Eduardo Rodriguez, arguably the team’s biggest free-agent swings since Justin Upton and Jordan Zimmerman in 2016. Unfortunately, the signings fared the same way, and in … Read more