From 2020, shipping companies will have to comply to International Maritime Organization IMO 2020 rules which states that sulfur content in marine fuel must be 0.5%, down from 3.5%.The biggest polluters are dry bulk ships, which make up more than… Read More ›
investment funds
Likelihood of SEC approving U.S ETF high
Although many investors have are hoping that the SEC will approve the creation of the United States’ first bitcoin exchange-traded fund, a few cautious ones, such as Michael Venuto, chief investment officer at Toroso Investments prefer to avoid the volatility… Read More ›
Toshiba seeking to raise $8.8 billion from its stake in its flash memory unit
Toshiba’s strategy is pretty simple: retain control over the business despite selling portions of its majority stake to multiple bidders and raise $8.8 billion in the process. In the wake of Toshiba seeking to write-off $6.3 billion on its nuclear… Read More ›