BlackRock assets hit record $11.6 trillion in fourth quarter of 2024
NEW YORK (Reuters) -BlackRock’s assets hit a record high of $11.6 trillion in the fourth quarter of last year as the world’s largest money manager posted a 21% profit jump, helped by fee income buoyed by stronger equity markets. Assets managed
BNY fourth-quarter profit rises on boost from higher fee income
(Reuters) – BNY reported a 27% jump in its fourth-quarter profit on Wednesday as it earned higher investment services fees from its clients. The bank’s fees, typically calculated as a percentage of assets under custody, benefited from the acquisition of new
EU is fully enforcing social media rules, says digital chief
BRUSSELS (Reuters) -The European Commission will fully enforce its rules governing social media and other large online platforms and has not delayed any cases against U.S. Big Tech, the EU digital chief said on Wednesday. “There haven’t been any delays,” Commission
KNOREX Files for 3M Share IPO at $4-$5.50/sh
KNOREX (KNRX) files for 3,000,000 share IPO at $4-$5.50 per share. This post appeared first on investing.com
Tesla to halt part of new Model Y lines in China
Investing.com — Tesla Inc. plans to temporarily suspend sections of its Shanghai factory lines producing the refreshed Model Y sport utility vehicle for around three weeks over the Chinese New Year, according to a report from Bloomberg on Wednesday. The pause is