The coalition government will face difficult trade-offs to agree on the 2025 budget by this summer. Savings of EUR 15bn-EUR 30bn (3.2% to 6.3% of the 2024 budget) need to be…
Day: May 1, 2024
Banks and market-makers back BGC’s FMX
A consortium of 10 banks and market-making firms is investing $172 million in BGC’s electronic trading and exchange business, called FMX. The deal, which gives FMX an implied valuation of…
Nigeria considers new bid round amidst divestment, low production
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) may conduct a new oil bid round amidst low oil production and reserves. The commission also said the ongoing divestment of assets by…
Dukascopy sees Revenues, Profits continue to fall in 2H-2023
Geneva based Retail FX and CFDs broker Dukascopy has released its 2023 Annual Report and financial results, indicating that top line Revenues and bottom line profits continued to decline during…