"Radical Earnings Cut": JPMorgan Sounds Alarm After BMW's Forecast Shock

Greece Wants To Become Europe's Next Hedge Fund Hub Athens is emerging as an unlikely contender in the competition for Europe’s hedge fund money, with Greece using favorable tax treatment, an improving economy and Mediterranean living to attract financiers looking beyond London and other established financial centers, according to Bloomberg. That campaign has already produced some notable converts. Millennium Management has established an operation in Athens, while billionaire hedge fund manager Chris Rokos is heading to Greece after deciding to leave Britain. Greek officials are betting that attracting firms of that...

The UK government is allowing American forces to use British air bases for attacks on Iran, with officials saying the bases could now be used for operations in the strategic Strait of Hormuz. On Friday, Downing Street said officials had “approved an expansion of the targets to help protect ships in the strait,” according to […]

Whatever positive economic changes the Milei government might have made in Argentina, the country is still not attractive for new capital investment.