Investors should start treating the British pound like an emerging markets currency, analysts say

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Investors should start treating the British pound like an emerging markets currency, analysts say

The British pound is behaving like an emerging markets currency due to Brexit and liquidity conditions, Bank of America analysts claim. In a note this week, Kamal Sharma and Myria Kyriacou, analysts at the bank, warned that the U.K.’s departure from the …
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CrossFit founder Greg Glassman is selling company after weeks of controversy

Greg Glassman is selling CrossFit, following intense backlash over his response to the death of George Floyd and the anti-racism movement sweeping the country. The move, which comes just two weeks after resigning from his post as chief executive, marks …
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ArcelorMittal seeks EU support to make steel greener

FRANKFURT (Reuters) – ArcelorMittal MT.LU on Thursday outlined plans and costs for steelmaking processes that produce less carbon, but also called for investment support from European Union states as well as carbon border taxes. FILE PHOTO: The Ilva …
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FactSet: Fiscal 3Q Earnings Snapshot

NORWALK, Conn. (AP) — FactSet Research Systems Inc. (FDS) on Thursday reported fiscal third-quarter profit of $101.2 million. On a per-share basis, the Norwalk, Connecticut-based company said it had profit of $2.63. Earnings, adjusted for one-time gains …
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France, UK Offer to Limit Digital Tax Scope After US Threat

… make a political agreement within reach this year,” according to a letter to U.S. Treasury Secretary Steven Mnuchin obtained by Bloomberg News.
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