Wealth Growth Daily

July 27, 2024

Paris Olympics opening ceremony draws 28.6 million US viewers, most since 2012

BY Reuters  • July 27, 2024July 27, 2024
By Sheila Dang PARIS (Reuters) – The opening ceremony for the Paris Olympics drew 28.6 million U.S. viewers, according to preliminary data from Comcast’s NBCUniversal on Saturday, which th[...]
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Bitcoin price dips as Trump addresses crypto audience

BY Reuters  • July 27, 2024July 27, 2024
(Reuters) – The price of bitcoin eased on Saturday as U.S. Republican presidential candidate Donald Trump told an audience of cryptocurrency enthusiasts that bitcoin was going to the moon and he[...]
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Yellen says $3 trillion needed annually for climate financing, far more than current level

BY Reuters  • July 27, 2024July 27, 2024
By David Lawder BELEM, Brazil (Reuters) – U.S. Treasury Secretary Janet Yellen said on Saturday that the global transition to a low-carbon economy requires $3 trillion in new capital each year t[...]
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India’s central bank fines Visa for unauthorised payment method

BY Reuters  • July 27, 2024July 27, 2024
BENGALURU (Reuters) -The Reserve Bank of India imposed a penalty of 24.1 million rupees (nearly $288,000) on Visa in relation to its usage of an unauthorised payment transfer method, the central bank[...]
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Australia signs $1.4 billion deal to upgrade navy submarines

BY Reuters  • July 27, 2024July 27, 2024
SYDNEY (Reuters) – Australia said on Saturday it had signed a A$2.2 billion ($1.4 billion) four-year contract with state-owned submarine builder ASC to upgrade the navy’s Collins class sub[...]
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Being boring key to central bank success says SNB’s Jordan

BY Reuters  • July 27, 2024July 27, 2024
ZURICH (Reuters) – Central banking is not boring, although being prepared to carry the label is perhaps the key to success, departing Swiss National Bank Chairman Thomas Jordan said on Saturday.[...]
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China’s industrial profits post faster gains in June despite faltering economy

BY Reuters  • July 27, 2024July 27, 2024
BEIJING (Reuters) -China’s industrial profits grew at a faster clip in June, official data showed on Saturday, even as businesses were grappling with a downshift in consumers’ sentiment am[...]
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US union and Apple reach tentative labor agreement

BY Reuters  • July 27, 2024July 27, 2024
(Reuters) -The International Association of Machinists and Aerospace Workers (IAM) Coalition of Organized Retail Employees (IAM CORE) reached a tentative agreement with tech giant Apple on Friday over[...]
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Six banks settle European bond price fixing litigation in New York

BY Reuters  • July 27, 2024July 27, 2024
By Jonathan Stempel NEW YORK (Reuters) – Six banks including Bank of America and Citigroup agreed to pay $80 million to settle antitrust litigation in New York accusing them of conspiring to rig[...]
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