‼️ 🇬🇧 BREAKING: Britain is expected to announce £20.4 billion in additional funding for two state-backed lenders in Wednesday’s budget, the Financial Times reported. The National Wealth Fund will receive £15.4 billion and the British Business Bank £5 billion over roughly five years to support businesses and investment projects.
‼️ 💳 Amex is eliminating 5% of its global workforce and taking a $336 million restructuring charge prepares for artificial intelligence to take over more of its internal processes.
‼️ 🛢️ BREAKING: There is now a new high 34% chance of US crude oil prices rising above $110/barrel by the end of this month. This comes as Brent crude oil prices are now less than 2% away from hitting a fresh 4-year high.