A special advisor on regulation for the new U.S. Trump administration has been chosen to be billionaire investor Carl Icahn. He is a frequent critic of some Obama administration rules and a major fossil fuel investor. The president-elect’s transition team announced… Read More ›
More risk factors are expected to unfold in 2017 following a year packed with economic and political uncertainty. However, when looking at the year ahead, Brexit and Donald Trump’s presidency isn’t what concerns him the most at present for one… Read More ›
As Apple Inc. aims to make deeper inroads in the world’s second-largest mobile phone market by users, the Wall Street Journal reported that the U.S. firm is in talks with India’s government to explore making products locally. Through his ‘Make… Read More ›
Blockchain technology set to gain traction with investments from Goldman Sachs, JPMorgan, Barclays, ICAP, Thomson Reuters, etc. According to sources familiar with the deal, JPMorgan Chase & Co, the Goldman Sachs Group Inc. along with a group of other financial… Read More ›
European Securities and Markets Authority gives a preview of how British hedge funds and private credit assets could tap EU’s single market bloc after Brexit. Before Brexit negotiations begins, a British hedge fund group has laid out its wishlist, which… Read More ›
Russia is now using its other strong suit, energy, to expand its influence across the region after reinventing itself as a major power in the Middle East by force in Syria. Looking beyond Syria where they have backed opposing sides… Read More ›
As assets that long walked in lockstep are set to move to a different drum, BNP Paribas said last week that it’s time to buy actively managed funds, instead of index funds. Mirza Baig, head of foreign-exchange and rates strategy… Read More ›
Scandinavia’s last mint will have closed by the end of this month. Denmark has decided to outsource the production of its coins to Finland following in the footsteps of Sweden and Norway. Printing of banknotes has already been stopped by… Read More ›
By swapping about $2.2 billion of its own shares for a stake in one of the emirate’s largest onshore oil concessions, BP Plc cemented its 77-year relationship with Abu Dhabi. The London-based company said in a statement that giving the… Read More ›
The United States’ loss is Europe’s gain.
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