The US Federal Reserve cut interest rates by 25bps to a range of 2% to 2.25% for the first time since 2008, hinting that more cuts could take place around September this year. Asset managers assess that while this rate cut met expectations, the Fed’s decision focusses on tackling the US inflation, bringing it closer to its 2% target.
Six, a Swiss-based financial data expert, is launching a service, covering over 30,000 financial instruments (securities) linked to Marijuana Related Businesses (MRB), to grapple through the complex legal landscape.
Just a week after the IPO of its Asia-Pacific subsidiary was scrapped, Brewer Anheuser-Busch InBev announced the sale of its Australian subsidiary Carlton & United Breweries (CUB) to Japanese entity Asahi Group Holdings for $11.3bn (AUD 16bn).

Get free Access

Agefi Event

Tuesday, 10 December 2019
Frankfurt

AFTER BREXIT, CONTINENTAL FINANCE WILL AFFIRM ITS MODEL