Bank of England will delay any cut interest rates to June instead of May, according to economists at Goldman Sachs.
At the end of December, the US bank advanced its estimates forward from June to May, having predicted that 25 basis point cuts would continue until it reaches 3% in May 2025.
Super Bowl LVIII was likely a record-breaking event for bookmakers as fans flocked to make bets on a Kansas City Chiefs win over the San Francisco 49ers in overtime.
Some 14,750 betting transactions were taking place every second during the February 11 final at peak times, Jefferies analysts noted on Monday, citing GeoComply data.
Trident Royalties' new US$40 million credit facility should result in result in interest savings of up to US$1.3 million per annum plus giving scope for future acquisition through the accordion, says Stifel.
“The expanded debt facility, combined with cash of roughly US$18 million as of year-end, could enable Trident to pursue more transformational acquisitions with clearer visibility on near-term revenue,” said the broker.
New cost-cutting measures at Barclays PLC (LSE:BARC), aimed at delivering annual savings of £2bn, could result in 17,000 job losses.
Analysts at research house Third Bridge estimate a 20% reduction in headcount would be required to achieve the figure being touted. The high street lender currently employs around 85,000 people.