Page 17 - Goldman Sachs

China's economy grows 0.4% in June quarter, set to miss fiscal target

China's economy logged a 2.5 per cent YoY growth in the first half of 2022, official data showed on Friday

China stimulus unlikely to reverse rout in the global metals market

While Chinese stimulus played a role in rescuing industrial commodities from slumps in global demand, after the 2008 financial crisis, in late 2015, and in 2020, there's much more caution this time

Goldman Sachs sees Kotak Mahindra Bank entering $100-bn club by FY27

Shares of Kotak Bank rose 2.64 per cent on Wednesday to end at Rs 1,707, valuing the lender at $42.8 billion (Rs 3.4 trillion)

Sharp rate hike bets keep Wall Street subdued, Goldman Sachs lifts Dow

US economy contracted in Q1 amid record trade deficit; BofA upgrades Goldman Sachs, shares rise; General Mills rises as sales beat on higher prices; Bed Bath & Beyond replaces CEO, shares tumble

Commodities face recession test even as Goldman Sachs stays bullish

Across markets, there's growing talk that high prices for raw materials will be cured only by recessions in the second half

Wall Street sheds opening gains on losses in high-growth stocks

S&P 500 energy stocks among few gainers; Robinhood rises on Goldman Sachs upgrade

Risk of US recession now higher and more front-loaded, warns Goldman

The Goldman economists now see a 30% probability of entering a recession over the next year, compared to 15% previously, and a 25% conditional probability of entering a recession in the second year

AlphaSense looks to increase India presence, raises $225 mn in funding

The firm said its annual recurring revenue (ARR) now exceeds $100 million

Investors become increasingly sceptical of ESG amid Goldman investigation

Retail investors are slowly starting to look under the hood of the $40 trillion environmental, social and governance industry that's increasingly steering their savings

Apple will handle lending itself with the 'buy now, pay later' service

Launches 'Buy Now Pay Later' scheme, sets up a wholly owned subsidiary to extend loans for the service

Tesla's job cut may save up to $1 bn yearly operational costs: Report

Recently, Musk had noted that his electric vehicle company would be reducing its salaried headcount by 10 per cent as the company has become overstaffed in some areas.

Fundamentals for oil weaken, witness 1st surplus since June 2020: Goldman

Modest declines in the Russian exports, record large sales by Strategic Petroleum Reserve and severe Chinese lockdowns brought the oil market to its first surplus since June 2020, said Goldman Sachs

Goldman's Lloyd Blankfein urges 'dial back' on negativity over economy

Lloyd Blankfein's comments came the same day that Elon Musk said Tesla Inc. will cut its salaried workforce by 10%.

MoEngage raises $77 mn in round led by Goldman Sachs Asset Mgt, B Capital

This is Goldman Sachs Asset Management's first investment in an Indian SaaS company

MoEngage raises $77 mn in round led by Goldman Sachs Asset Mgt, B Capital

This is Goldman Sachs Asset Management's first investment in an Indian SaaS company

Metro Cash & Carry may offer control to investor to fund expansion

Intends to raise $300-400 million as German parent unwilling to infuse fresh funds

All the world's a stage for unicorns

In 2021, when the buzz is around start-ups going for IPOs and celebration of Indian entrepreneurship, it's also time to acknowledge the role of global players in the journey to stardom

US at 'very, very high risk' of recession, says Goldman Sachs' Blankfein

Goldman Sachs Senior Chairman Lloyd Blankfein urged companies and consumers to gird for a US recession

Goldman Sachs allows workaholic senior staff to take unlimited vacation

Junior employees will be given at least two extra days off each year under the new policy introduced at the start of the month.

Delhivery raises Rs 2,346 cr from anchor investors as IPO opens today

Delhivery's IPO size is Rs 5,235 crore, the second-biggest after LIC this year