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Wall Street analysts lifted their price targets on Amazon stock ahead of the Facebook and Instagram parent’s quarterly earnings report July 31. Needham analyst Laura Martin lifted her outlook on Amazon shares on Tuesday to $265 from $220, citing “strong” revenue growth for the company’s cloud division, AWS, “record-breaking” Amazon Prime days, waning tariff woes, and lower costs in its logistics operations (i.e. deliveries) due to generative artificial intelligence. “AMZN is reporting strong improvement in its labor productivity, which we believe is a lead indicator to upside share price performance,” Martin added. Deutsche Bank analyst Lee Horowitz also lifted his…
New York CNN — The Federal Reserve’s independence from political interference, viewed as sacrosanct inside the central bank, is under siege. President Donald Trump’s relentless attacks on Federal Reserve Chair Jerome Powell are so intense that one prominent economist is raising eyebrows by arguing that Powell should quit to protect the central bank’s independence. “The attacks on Chair Powell are now extending to the whole institution. The longer Powell stays in power, the more that process will continue, fundamentally threatening the independence of the Fed,” Mohamed El-Erian, the former CEO of bond giant PIMCO, told CNN in a phone interview…
Financial ExpressIndia ramps up rare earth strategy; eyes Australia, Argentina, Brazil and Chile for supplies: ReportAmid rising global concerns over China’s dominance in rare earth magnets, India is ramping up efforts to diversify supply chains by exploring partnerships….1 month ago Source link
– Advertisement – Environmental stakeholders have raised alarm over ongoing carbon offset projects in Nigeria, calling them a dangerous form of modern exploitation that undermines local communities and ecosystems. Carbon Offset The stakeholders, comprising advocates and forest community leaders, voiced their concerns on Tuesday, July 22, 2025, in Benin during a dialogue organised by the Health of Mother Earth Foundation (HOMEF). Carbon offsetting refers to compensatory actions taken by companies or countries responsible for greenhouse gas emissions. These actions include paying for activities such as tree planting or forest conservation in other locations to “offset” or neutralise their carbon footprint.…
The Ministry of Finance told Parliament that private banks are not performing in line with their market share when it comes to flagship financial inclusion schemes.The Ministry shared detailed numbers for the past five years under schemes like Jan Dhan Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY), Atal Pension Yojana (APY), Mudra Yojana and Stand-Up India.As of March 2025, private banks managed only 1.83 crore Jan Dhan accounts, while the national total stood at 55.18 crore. PMJJBY enrolments at private banks rose from 32 lakh in 2021 to 52 lakh in 2025, but…
Kinexys by J.P. Morgan, the bank’s blockchain business unit, is developing an application to tokenize global carbon credits at the registry layer as the Northern Trust Carbon Ecosystem has also expanded its capabilities. In July this year Kinexys by J.P. Morgan said in a statement that it is testing a blockchain application on Kinexys Digital Assets, the firm’s multi-asset tokenization platform, to help tokenize global carbon credits at the registry layer in collaborating with S&P Global Commodity Insights, EcoRegistry and the International Carbon Registry (ICR). Keerthi Moudgal, Kinexys by J.P. Morgan Keerthi Moudgal, head of product at Kinexys Digital Assets, Kinexys…
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FIFAX Plc, company release, 22 July 2025 at 12:00 EESTOn 10 July 2025, FIFAX Plc (“Fifax”) filed for the company’s bankruptcy. The District Court of Åland handed down its decision to declare Fifax bankrupt (docket number 2025/715) on 14 July 2025 at 10:00 a.m. EEST. The order of bankruptcy has become final.As per applicable regulations, Fifax has applied for the delisting of its shares from the Nasdaq First North Growth Market (“First North Market”). On 22 July 2025, Nasdaq Helsinki made the decision to remove Fifax’s shares from the First North Market.Additional information:Attorney-at-Law Robert PeldánBorenius Attorneys Ltd+358 50 341 5481fifax@borenius.comCertified Advisor:Aktia Alexander Corporate Finance Oy+358 50 520 4098Fifax…