When times are tough, it’s good to know who your friends are. During the boycott of the Gulf country by a Saudi-led bloc that started in early June, which foreign partners have maintained business with them and which ones have… Read More ›
Month: August 2017
Warning On Emerging Markets Given By Wall Street Vets From Dalio To Gundlach
In warning that risky assets are overvalued, more investors are joining the cast of Wall Street veterans from Jeff Gundlach to Ray Dalio. The valuations that no longer compensate for potential flareups in North Korea and Venezuela, the racially-charged violence in… Read More ›
CBS acquires Australian broadcaster Ten Network Holdings Ltd
Since the deal involves Ten Network piling on more debt, it will be subject to scrutiny by its existing creditors and by Australia’s Foreign Investment Review Board. On Monday, in a significant development, the owner of the most watched… Read More ›
Hurricane Harvey thrash U.S. Gulf Coast refineries, brings crude production comes to a grinding halt
In the long run analysts expect Harvey to have long term impact on U.S. crude’s value chain. With Hurricane Harvey leaving a trail of destruction, knocking out refineries and crude production facilities, along the U.S. Gulf Coast, oil markets around… Read More ›
Uber chooses Dara Khosrowshahi as its CEO
A surprise nominee, Khosrowshahi has a brilliant track record at Expedia Inc. As per two sources familiar with the knowledge of the matter, Uber Technologies Inc has selected Dara Khosrowshahi, the CEO of Expedia Inc, a travel company,… Read More ›
Rare Whisky Are Being Poured Into By Some Investors – Here Is Why
There are booming investments in old, rare and exclusive bottles of whisky, according to analysts. Noting a rise of 94 percent from the first half of 2016, the value of collectable bottles of Scotch sold at auction broke a record… Read More ›
‘Nothing Can Be Ruled Out’ In Border Spat With China, Says Former Indian Diplomat
There’s hope the dispute may be resolved soon as India and China have yet to pull troops and the border standoff between the countries in the Himalayas is now going on three months. As a precondition for formal talks, China… Read More ›
Global Bank Asks, ‘Who Cares?’ Even If There Are Concerns About Slow Economic Growth
DBS said in a note recently, just a myth is the persistent belief that global economic growth is “dangerously slow” and fragile. “If you’re worried about slow growth today, get used to it. It’s probably going to be slower five… Read More ›
After Brexit, Frankfurt Hopes To Become ‘Little London’
After a study said tens of thousands of jobs would be created, bolstering Germany’s banking capital, a city official has predicted that Frankfurt could become a miniature version of London after Brexit. As London, its dominant British rival, prepares for life… Read More ›
How One Holds Gold Determines It Worth Even As It Is The Best Hedge Against Global Uncertainties
It is all about how one holds on to gold according to the chief executive of The Pure Gold Company even as gold’s role as a ‘safe haven’ asset in times of uncertainty is widely acknowledged. Highlighting its security and… Read More ›
manageria.biz 