Author: Nontobeko Mlotshwa
PVH Corp., formerly “the Phillips-Van Heusen Corporation”, the American clothing and apparel behemoth, which owns world-renowned brands such as Tommy Hilfiger and Calvin Klein, reported strong 2022 fourth-quarter financial results…
Its earnings season again, as things kick off this Friday with JP Morgan, Citi Bank, Wells Fargo and Blackrock, which is expected to deliver a couple of upsets. On the local…
Breakups are not usually good things in life, but this was not the case for the Chinese tech giant Alibaba, which latest split united investor’s opinions. China’s technology conglomerate Alibaba…
With the latest U.S. Non-Farm Payrolls (NFP) data report released on Good Friday, the 7th of April 2023, market participants saw the U.S. economy create 236,000 jobs in March, the…
Following the sale of Credit Suisse, Switzerland's second-largest bank, the debate about the financial system and Switzerland's banking system continues. As you know, Credit Suisse was acquired by its big…
NFP came in parallel to expectations at 236k for March (Feb:326k), which could be deemed as the goldilocks outcome as the market could have feared a recession should there be…
Gold price recently hit a 3-month high, and the U.S. bankruptcy filings was only the latest trigger. Indeed, the upward trend in the gold price has been ongoing for some…