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Though GLP-1 drugs like Ozempic, Wegovy, and Zepbound are lauded for their transformative effects, including weight loss and lower blood sugar, they’re not without their side effects. Those can include nausea, bone density loss, and digestive troubles—and according to a new study, another physical change may be joining that list. Researchers at the University of…
Much has been said about the non-bank high-frequency trading (HFT) firms that supposedly lurk on the anonymous spot foreign exchange primary venues of EBS Market and Matching, waiting to pick off the unsuspecting banks managing client risk. Some studies argue these firms can pull liquidity or widen spreads sharply in a crisis, a concern the…
Christine Lagarde, President of the ECB,Boris Vujčić, Vice-President of the ECB Frankfurt am Main, 23 July 2026 Jump to the transcript of the questions and answers Good afternoon, the Vice-President and I welcome you to our press conference. The Governing Council today decided to keep the three key ECB interest rates unchanged. The outlook for…
China’s Geely to make electric SUVs at Ford Spain plant, jointly develop model for Europe
A leading Nordic bank and a quantum startup team up on an AI research unit in Helsinki. This article appears in the July/August issue of Global Finance Magazine. OP Pohjola and Finnish fintech Qutwo Oy are launching a joint quantum computing and AI research unit in Helsinki, aiming to bring quantum-ready artificial intelligence tools to…
Achey has worked with ultra-high-net-worth individuals, multi-generational families and family offices for more than 45 years. Credit: metamorworks/ Shutterstock.com. Fidelis Capital has appointed Herb Achey, formerly of U.S. Trust / Bank of America Private Bank, as a partner. Achey joins after a 30-year career at U.S. Trust / Bank of America Private Bank, where he…
For some shoppers, bright lights, blaring music and crowded aisles make a simple trip to the store feel like Times Square. “Sephora is always so challenging for me to tolerate,” Love on the Spectrum cast member Kaelynn Partlow wrote on social media. Sephora is trying to fix that. The beauty retailer is expanding its “Quiet…
Putting $1,000 to work in today’s market might not be as straightforward as it sounds. Many of the world’s largest companies already trade at premium valuations, while many others promise to become the next big winner. Either way, it’s easy to feel like you’re one pick away from getting it all wrong. That’s why one…
Before the war in Iran, roughly 15 million barrels of Persian Gulf oil were shipped each day through the Strait of Hormuz. Within a few years, much of that oil could bypass the strait.As Iran’s chokehold over the strait drags on and oil prices surge, countries across the Gulf are planning to spend billions of…
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