A worker pouring molten iron into a mold at a mill manufacturing marine engine components in Huaian, Jiangsu province, China. Reuters The iron ore market is looking at a shortfall for the rest of the year due to low inventories and falling production, said Goldman Sachs. “Rather than facing a surplus for this year, the … Read more
Armoured vehicles of the Israel Defense Forces (IDF) are seen during their ground operations at a location given as Gaza, as the conflict between Israel and the Palestinian Islamist group Hamas continues, in this handout image released on November 1, 2023. Israel Defense Forces | Reuters The Israel-Hamas war could have a significant impact on … Read more
David Solomon, chief executive officer of Goldman Sachs Group Inc., at the Goldman Sachs Financial Services Conference in New York, Dec. 6, 2022. Michael Nagle | Bloomberg | Getty Images Goldman Sachs is scheduled to report third-quarter earnings before the opening bell Tuesday. Here’s what Wall Street expects: Earnings: $5.31 a share, according to LSEG, … Read more
The Malaysian government has questioned a move by Goldman Sachs to file for arbitration in a dispute connected with the multibillion-dollar looting of a sovereign wealth fund ByThe Associated Press October 12, 2023, 4:45 AM FILE – In this Wednesday, July 8, 2015 photo, a 1MDB (1 Malaysia Development Berhad) logo is set against the … Read more
An oil pump at sunset in Daqing, Heilongjiang province, China, on July 13, 2006. Lucas Schifres | Getty Images China’s demand for many major commodities has been growing at “robust rates,” Goldman Sachs said in a recent note. The investment bank observed that China’s demand for copper has risen 8% year on year, while appetite … Read more
A former investment analyst at Goldman Sachs who was recently indicted by the FBI for insider trading — along with two associates — may have been caught thanks in part to Xbox 360 chat. While it’s not unusual for developers and publishers to punish volatile players misusing in-game voice chat, it’s decidedly less common for … Read more
David Solomon, Chairman and CEO, Goldman Sachs, participates in a panel dialogue through the annual Milken Institute International Convention at The Beverly Hilton Resort on April 29, 2019 in Beverly Hills, California. Michael Kovac | Getty Photos Leisure | Getty Photos Goldman Sachs is named Wall Road’s prime model, a juggernaut using a few of … Read more
Staff load items for export onto a crane at a port in Lianyungang, Jiangsu province, China June 7, 2019. Reuters BEIJING – Worldwide funding corporations have modified their China GDP forecasts almost each month up to now this yr, with JPMorgan making six changes since January. That is in response to CNBC evaluation of the … Read more
Goldman Sachs is in talks to dump its Apple bank card and high-yield financial savings account merchandise to American Categorical, a supply instructed CNBC’s Leslie Picker. Goldman Sachs, Apple and American Categorical declined to remark. The talks come amid a broader retreat by Goldman from its largely failed shopper banking initiatives, for which CEO David … Read more
4 years after partnering with Apple on the launch of the Apple Card, Goldman Sachs could also be eyeing the exits. The Wall Avenue Journal stories that Goldman is “on the lookout for a approach out” of its high-profile cope with Apple, which not too long ago expanded to incorporate financial savings accounts for Apple … Read more