While waiting for three major macro events and a barrage of tech companies reporting earnings, markets adopted a cautious approach which pushed the value of gold to a seven month high. The markets are awaiting three crucial events – a… Read More ›
Day: January 29, 2019
EU-Canada free trade deal aligned with EU law: Advocate General Yves Bot
The European Court of Justice is to decide whether the provisions of the EU-Canada FTA on investment protection are tenable in within the ambit of EU law. On Tuesday, Advocate General Yves Bot recommended to the European Court of Justice… Read More ›
Saudi Arabia’s PIF hedged its 4.9% stake in Tesla Inc: FT
Saudi Arabia’s PIF used an equity collar to reduce its exposure to price movements of Tesla’s shares. As per a report by the Financial Times, Saudi Arabia’s Public Investment Fund (PIF) has reduced its exposure to Tesla Inc. Saudi Arabia’s… Read More ›
Insurance losses due to wildfires unprecedented: California Insurance Commissioner
The total insurance loss for 2018 has touched $12.4 billion.
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