BlackRock, the world’s largest asset manager, has been hit with a first-of-its-kind “Cease and Desist Order” and threat of massive fines, regarding its alleged false and misleading statements to investors…
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Business
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BusinessEconomyEnergyGlobal NewsNewsWorld News
Power Metal Resources strikes earn-in for Saudi lithium opportunity
Power Metal Resources PLC (AIM:POW) has announced a new earn-in agreement with RIWAQ Al-Mawarid for an exploration venture in the Kingdom of Saudi Arabia for exploration. The company secured an interest in…
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One of the catalysts behind Japan’s very recent 34-year stock-market high has been the demonstrable success of its governance reforms. Its “playbook” is now being rigorously analysed by other countries in similar…
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BusinessEconomyGlobal NewsNewsTechnology
Scottish Mortgage asked to get real on private holdings like SpaceX, ByteDance
Elliott Investment Management’s intentions on Scottish Mortgage Investment Trust PLC (LSE:SMT) became clearer over the weekend after the activist investor recently built a 5% stake in the FTSE 100 investment company. According…
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Six months after warning that the UK’s carmakers were facing “a critical moment” in their history, the industry’s trade body was celebrating an influx of new inward investment at its annual…
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Türkiye’s entrepreneurial ecosystem continues to gain momentum with the initiation of new investment funds despite the global inflationary environment. Venture capital investment funds, particularly in Türkiye and the surrounding region,…
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BusinessChinaInvestmentNewsSaudi Arabia
Chinese Business Expansion in Middle East to Get Boost as Unit of Saudi Arabia’s PIF Invests in Venture Firm eWTPA
A unit of Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has injected fresh capital into eWTP Arabia Capital (eWTPA), a Riyadh-based venture firm focused on easing Chinese…
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BusinessInvestmentNewsNorth AmericaUS
US, Mexico to Cooperate on Investment Security Screening, Payments Systems
MEXICO CITY, Dec 7 (Reuters) – The U.S. and Mexico agreed on Wednesday to cooperate on stronger screening of investments to reduce national security risks and discussed integrating cross-border payments…
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BusinessInvestmentNewsSports
Paris Saint-Germain Sells Minority Stake to US Investment Firm
by Leon Hussainby Leon HussainParis Saint-Germain confirmed Thursday that Qatar Sports Investments and Arctos Partners agreed to a landmark strategic partnership and investment deal in the French football club. Arctos will “acquire a minority…
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AsiaBusinessChinaInvestmentNews
China’s Investments to Vietnam Boom as Xi Visits Hanoi, US Spending Down
HANOI, Dec 8 (Reuters) – Chinese investments in Vietnam have boomed this year in contrast to a slowdown in U.S. spending and trade, official data show, as the world’s two…
