over 4 years ago • 2 mins
Congrats to Clemens from Germany for winning last week’s inaugural Finimize quiz! A handful of you managed to answer all eight questions correctly, but it was Clemens’ name we pulled out of the hat 🎉
But there’s no time to bask in the glow of last week: this has been another busy one. The Federal Reserve followed the European Central Bank (ECB) in cutting interest rates, but the Bank of England and Bank of Japan held fire. So how closely have you been keeping up with this story, as well as the rest of the News and Packs in the Finimize app? Take this week’s quiz by Sunday to test your knowledge, and see if you can join Clemens in taking home a cool $100...
Here are the answers to last week’s questions:
Q1: Which animal did we use to illustrate Tuesday's announcement of faster growth in UK wages? A: A penguin.
Q2: The ECB cut interest rates on Thursday and announced a resumption of bond purchases to stimulate the economy. In US dollar terms, what value of bonds does the ECB plan to purchase each month, starting in November?A: $22 billion
Q3: Hong Kong Exchanges & Clearing's (HKEX's) bid for London Stock Exchange Group (LSE) risks disrupting LSE's planned purchase of which company?A: Refinitiv
Q4: Would HKEX buying LSE be an example of a "horizontal" or "vertical" merger?A: Horizontal
Q5: Our Pack on Mergers & Acquisitions lists four types of mergers: horizontal mergers, vertical mergers, concentric mergers – and which other?A: Conglomerate
Q6: Pilots at British Airways went on strike over pay this week. How many pilots does the airline employ in total? A: 4,700
Q7: The Gemini cryptocurrency exchange launched an expanded custody service on Tuesday. But who owns the Gemini exchange?A: Cameron and Tyler Winklevoss
Q8: Data on Sunday showed the value of Chinese trade shrank in August. What's China's target for economic growth this year?A: 6%
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