tldrdailynews.com logo
Tag

Macquarie

All articles tagged with #macquarie

Hormuz Blockade Could Push Oil to $200, Warns Analysts
energy11 days ago

Hormuz Blockade Could Push Oil to $200, Warns Analysts

Oil prices could surge to $200 per barrel if the Strait of Hormuz remains near-closed for another 6-8 weeks, according to FGE NexantECA’s Fereidun Fesharaki, who says losses in flows could be astronomical. Macquarie has warned of a $200 oil scenario as the Middle East conflict persists, while IEA stock releases could provide some relief. A prolonged Hormuz disruption could trigger a global recession and force lasting energy-market adjustments.

via Crude Oil Prices Today | OilPrice.com|
#dollar200-oil#energy#fge-nexanteca
"Macquarie Downgrades Paytm Amid Customer Exodus Concerns"
business-finance2 years ago

"Macquarie Downgrades Paytm Amid Customer Exodus Concerns"

Macquarie has slashed its 12-month price target on Paytm by 57.7% due to concerns over a potential exodus of customers following heightened regulatory scrutiny from the Reserve Bank of India. The central bank's recent clampdown on Paytm Payments Bank has raised existential questions about the future of the leading financial services firm, with Macquarie predicting a sharp reduction in revenues and potential challenges in retaining lending partners. The analyst team also highlighted the arduous task of migrating payment bank customers to other bank accounts within the RBI's deadline.

via TechCrunch|
#business-finance#digital-payments#macquarie