European markets ticked up Monday but bank stocks were mixed and volatile as investors assessed the significance of the near-collapse of Credit Suisse, one of the world’s most important financial…
Michael Lowe
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EconomyFeaturedfinancialfortofolioGlobal NewsInvestmentNewsUS
Risk-reward for Roblox “turned sharply negative” – Morgan Stanley downgrades, lowers target
by Michael Loweby Michael LoweMorgan Stanley analysts downgraded Roblox Corporation (NYSE:RBLX) to ‘Underweight’ from ‘Equal-weight’ and lowered their Price Target on the shares to $24 from $27.50, citing ‘slower growth in 2H and minimal…
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EconomyFeaturedfinancialGlobal NewsInvestmentUS
Dow futures fall 230 pts; Brainard speech, jobless claims, Netflix in focus
by Michael Loweby Michael LoweU.S. stocks are seen opening lower Thursday, continuing the previous session’s selloff ahead of the release of widely-watched economic data, speeches from Federal Reserve policymakers and important corporate earnings. At…
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NASA awards $425 million to Boeing for fuel-efficient airliner research project
by Michael Loweby Michael LoweNASA said on Wednesday it awarded $425 million to Boeing (NYSE:BA) Co for the agency’s “Sustainable Flight Demonstrator” project as the Biden administration works to cut aviation sector emissions. Boeing…
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Tunisia unveils economic plan betting heavily on private investment
by Michael Loweby Michael LoweThe Tunisian government on Tuesday presented a three-year development plan that relies heavily on private sector investment, particularly in industry, and boosting phosphate production. The cash-strapped North African country is…
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Investment firm for biodiversity launches in Indonesia
by Michael Loweby Michael LoweTerratai aims to address a gap in the conservation finance ecosystem in Asia. Backed by Hong Kong-based RS Group, it is being led by former Wildlife Conservation Society executive Matthew Leggett.…
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Dubai announces $8.7 trillion economic plan to boost trade, investment and global hub status
by Michael Loweby Michael LoweDubai on Wednesday announced a mammoth $8.7 trillion economic plan for the coming decade, aimed at turbocharging trade, foreign investment and its place on the map as a global hub.…
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Triple Point Energy makes GBP1 million investment in lighting provider
by Michael Loweby Michael LoweTriple Point Energy Transition PLC on Tuesday said it has completed the funding of its first energy efficient light opportunity. The London-based energy company provided GBP1 million of funding to…
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Bank Muamalat eyes RM100 mil investment from new funds within five years
by Michael Loweby Michael LoweBank Muamalat Malaysia Bhd and Phillip Capital Group Malaysia are targeting an investment of RM100 million within five years through shariah-compliant online Private Managed Accounts and unit trust funds. Director…
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Expect SIFFEST to attract investment in seaweed businesses: minister
by Michael Loweby Michael LoweThe “2022 Seaweed Investment Forum and Festival” (SIFFEST) in Surabaya, East Java, is expected to attract investment and help develop the national seaweed business, Maritime Affairs and Fisheries Minister Sakti…
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