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"BRICS Is For The Fairies Until China, India Get Serious," Says Mr 'BRICS'
The idea of the BRICS group ever challenging the US dollar is for the fairies as long as China and India remain so divided and refuse to cooperate on trade, the former Goldman Sachs economist who came up with the BRIC acronym told Reuters.
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Goldman Sachs To Cut A Few Hundred Jobs In Coming Weeks In Annual Cull: Report
Goldman Sachs Group Inc. plans to dismiss a few hundred employees in the coming weeks as part of the firm's annual cull of low-performing staff, according to people familiar with the matter.
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She Was Set To Break Goldman Sachs' Glass Ceiling. Now She Is Leaving
Beth Hammack had been billed as one of the most likely candidates to break into Goldman Sachs Group Inc.'s all-male top tier.
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Goldman Sachs To Lay Off 125 Managing Directors Globally: Report
Goldman Sachs Group has decided to cut jobs at the managing director level across the globe, reported Bloomberg.
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Banker Brijesh Goel Convicted In US. Friend Testified Against Him
A former Goldman Sachs Group Inc. banker was found guilty of passing inside information on deals to a once-close friend and squash partner who became the prosecution's star witness.
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OpenAI Exploring 'Democratic Decision-Making' to Gather Wikipedia-Like Broad Input on Its AI
At AI Forward, an event in San Francisco hosted by Goldman Sachs Group and SV Angel, OpenAI president Greg Brockman discussed the broad contours of how the maker of the wildly popular chatbot is seeking regulation of AI globally.
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Apple Offers New High-Yield Deposit Account for US Card Customers With 4.15 Percent Interest Rate
Apple is seeking to attract US savers with a new high-yield deposit account it announced on Monday with partner Goldman Sachs Group amid increased competition among financial institutions for consumer dollars.
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Apple Doubles Its Investment in Carbon Removal Fund, Will Inject Further $200 Million
Apple said on Tuesday it doubled its financial commitment to a fund it had established two years ago to invest in projects that remove carbon from the atmosphere. The iPhone-maker said it will invest up to an additional $200 million (roughly Rs. 1,641 crore) in its Restore Fund, which was created in 2021 with an initial $200 million commitment.
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TVS in Talks With ADIA, Goldman Sachs, Carlyle for Up to $350 Million Investment in Its EV Arm: Report
TVS is in talks with Abu Dhabi Investment Authority (ADIA), Goldman Sachs Group Inc and Carlyle Group Inc for an investment in its electric vehicle (EV) arm, the Economic Times reported on Wednesday. TVS Motors, which makes the iQube e-scooter, had reported its EV sales had nearly doubled in the October-December quarter.
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Goldman Sachs, JPMorgan Say Adani Debt Offers Value To Trading Clients
On a call with investors Thursday, Goldman Sachs trading executives expressed the firm's view that Adani debt had hit a floor in the short term and bonds of Adani Ports & Special Economic Zone Ltd. have become interesting at the current price due to the value of that company's assets.
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5 Major Announcements Expected From Union Budget 2023
Budget 2023: The Goldman Sachs Group has said that India might cut down its fiscal deficit target by 50 basis points for the next financial year starting 1 April 2023. Goldman economists wrote in a report that India will keep its deficit to 5.9 per cent of the gross domestic product.
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Budget To Cap India's Fiscal Deficit Below 6% In FY24 : Goldman Sachs
Goldman Sachs Group Inc. expects India to trim its fiscal deficit aim by 50 basis points for the financial year starting April, as it balances spending priorities and fiscal prudence in the upcoming budget.
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Goldman To Start Among Its Biggest Round Of Job Cuts Ever
Goldman Sachs Group Inc. is embarking on one of its biggest round of job cuts ever as it locks in on a plan to eliminate about 3,200 positions this week, with the bank's leadership going deeper than rivals to shed jobs.
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Tejas Shah of Indian Origin Named CEO of Crypto-Focussed New York Digital Investment Group
The New York Digital Investment Group (NYDIG) has named Tejas Shah as the CEO of the crypto-focussed alternate asset management platform. Before joining the NYDIG, Shah had clocked a nearly 20-year long career at Goldman Sachs as a partner. Alongside Shah, Nate Conrad, the former Global Head of Payments at NYDIG has been promoted as the firm’s Pr...
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UK Inflation Could Top 22% Next Year, Warns Goldman Sachs
UK inflation could top 22% next year if natural gas prices remain elevated in the coming months, Goldman Sachs Group Inc. warned.
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"BRICS Is For The Fairies Until China, India Get Serious," Says Mr 'BRICS'
The idea of the BRICS group ever challenging the US dollar is for the fairies as long as China and India remain so divided and refuse to cooperate on trade, the former Goldman Sachs economist who came up with the BRIC acronym told Reuters.
-
Goldman Sachs To Cut A Few Hundred Jobs In Coming Weeks In Annual Cull: Report
Goldman Sachs Group Inc. plans to dismiss a few hundred employees in the coming weeks as part of the firm's annual cull of low-performing staff, according to people familiar with the matter.
-
She Was Set To Break Goldman Sachs' Glass Ceiling. Now She Is Leaving
Beth Hammack had been billed as one of the most likely candidates to break into Goldman Sachs Group Inc.'s all-male top tier.
-
Goldman Sachs To Lay Off 125 Managing Directors Globally: Report
Goldman Sachs Group has decided to cut jobs at the managing director level across the globe, reported Bloomberg.
-
Banker Brijesh Goel Convicted In US. Friend Testified Against Him
A former Goldman Sachs Group Inc. banker was found guilty of passing inside information on deals to a once-close friend and squash partner who became the prosecution's star witness.
-
OpenAI Exploring 'Democratic Decision-Making' to Gather Wikipedia-Like Broad Input on Its AI
At AI Forward, an event in San Francisco hosted by Goldman Sachs Group and SV Angel, OpenAI president Greg Brockman discussed the broad contours of how the maker of the wildly popular chatbot is seeking regulation of AI globally.
-
Apple Offers New High-Yield Deposit Account for US Card Customers With 4.15 Percent Interest Rate
Apple is seeking to attract US savers with a new high-yield deposit account it announced on Monday with partner Goldman Sachs Group amid increased competition among financial institutions for consumer dollars.
-
Apple Doubles Its Investment in Carbon Removal Fund, Will Inject Further $200 Million
Apple said on Tuesday it doubled its financial commitment to a fund it had established two years ago to invest in projects that remove carbon from the atmosphere. The iPhone-maker said it will invest up to an additional $200 million (roughly Rs. 1,641 crore) in its Restore Fund, which was created in 2021 with an initial $200 million commitment.
-
TVS in Talks With ADIA, Goldman Sachs, Carlyle for Up to $350 Million Investment in Its EV Arm: Report
TVS is in talks with Abu Dhabi Investment Authority (ADIA), Goldman Sachs Group Inc and Carlyle Group Inc for an investment in its electric vehicle (EV) arm, the Economic Times reported on Wednesday. TVS Motors, which makes the iQube e-scooter, had reported its EV sales had nearly doubled in the October-December quarter.
-
Goldman Sachs, JPMorgan Say Adani Debt Offers Value To Trading Clients
On a call with investors Thursday, Goldman Sachs trading executives expressed the firm's view that Adani debt had hit a floor in the short term and bonds of Adani Ports & Special Economic Zone Ltd. have become interesting at the current price due to the value of that company's assets.
-
5 Major Announcements Expected From Union Budget 2023
Budget 2023: The Goldman Sachs Group has said that India might cut down its fiscal deficit target by 50 basis points for the next financial year starting 1 April 2023. Goldman economists wrote in a report that India will keep its deficit to 5.9 per cent of the gross domestic product.
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Budget To Cap India's Fiscal Deficit Below 6% In FY24 : Goldman Sachs
Goldman Sachs Group Inc. expects India to trim its fiscal deficit aim by 50 basis points for the financial year starting April, as it balances spending priorities and fiscal prudence in the upcoming budget.
-
Goldman To Start Among Its Biggest Round Of Job Cuts Ever
Goldman Sachs Group Inc. is embarking on one of its biggest round of job cuts ever as it locks in on a plan to eliminate about 3,200 positions this week, with the bank's leadership going deeper than rivals to shed jobs.
-
Tejas Shah of Indian Origin Named CEO of Crypto-Focussed New York Digital Investment Group
The New York Digital Investment Group (NYDIG) has named Tejas Shah as the CEO of the crypto-focussed alternate asset management platform. Before joining the NYDIG, Shah had clocked a nearly 20-year long career at Goldman Sachs as a partner. Alongside Shah, Nate Conrad, the former Global Head of Payments at NYDIG has been promoted as the firm’s Pr...
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UK Inflation Could Top 22% Next Year, Warns Goldman Sachs
UK inflation could top 22% next year if natural gas prices remain elevated in the coming months, Goldman Sachs Group Inc. warned.
