Marubeni H1 profit jumps 45% on commodities, trading; hikes annual guidance

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The market braces for the U.S. midterms and weighs the potential outcomes. Some ETFs use perpetual futures to provide private-market exposure. These are among the investment must reads for financial advisors this week.

Mortgage rates have seen increases up to 45 basis points (bps), with one lender firmly out of the sub-5% rate. Santander hiked its rates by 45bps, effective Wednesday. Aaron Strutt, product and communications director at Trinity Financial, said: “A price hike of 0.45% on the two-year fixes and 0.4% on the five-year fixes is…

The OpenAI logo is displayed on a smartphone screen. Nurphoto | Nurphoto | Getty Images OpenAI said it identified and disrupted a coordinated campaign in which operators attempted to extract protected reasoning from its artificial intelligence models, linking a core cluster of the activity with Chinese startup Moonshot AI, the developer of Kimi. The activity…

conveybuddy has appointed Luke Christodoulides as its head of distribution. Christodoulides joins conveybuddy following more than 22 years at NatWest, where he held a number of senior broker-facing positions including field area sales manager, corporate account manager, head of corporate accounts. Most recently, he served as national account manager. In his new role, Christodoulides will…

“He also has a brokerage account, but there’s only $500 in it.”