The global investment platform, Investopia, will hold its next event titled “Investopia Europe” on May 19 in Milan, the financial and business capital of Italy. The event will bring together…
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BusinessEconomyfinancialSaudi Arabia
PIF-Backed Rakiza Raises $1bn to Invest in Oman and Saudi Arabia
by Ryan Hughesby Ryan HughesPublic Investment Fund-backed Rakiza has raised $1 billion to invest in three projects in Oman and is close to signing off on several deals in the Kingdom, according to a…
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AsiaBusinessEconomyFeaturedGlobal NewsInvestmentKazakh
Rakishev and Kim will create a new investment fund in Kazakhstan
Well-known Kazakh businessmen Kenes Rakishev and Vyacheslav Kim (both in the Top 10 richest businessmen according to Forbes Kazakhstan) announced their intention to create a new venture fund based on the International Financial Center…
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EconomyFeaturedfinancialGlobal NewsInvestmentNewsTechnology
Microsoft to shed 10,000 jobs, adding to glut of tech layoffs
by Julien Rayby Julien RayMicrosoft Corp (NASDAQ:MSFT) on Wednesday said it would eliminate 10,000 jobs and take a $1.2 billion charge to earnings, as its cloud-computing customers reassess their spending and the company braces for…
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FeaturedfinancialGlobal NewsInvestmentNewsScienceTechnologyWorld News
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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AsiaChinaEconomyFeaturedfinancialGlobal NewsInvestmentNewsTechnologyUSWorld News
China’s BYD takes cautious approach to U.S. in global EV push
Chinese electric vehicle (EV) giant BYD is embarking on a rapid global expansion to challenge Tesla (NASDAQ:TSLA) but for now it’s stuck in the slow lane on its rival’s home…
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FeaturedfinancialfortofolioGlobal NewsInvestmentNews
Is BE Group (STO:BEGR) A Risky Investment?
by station3by station3Howard Marks put it nicely when he said that, rather than worrying about share price volatility, ‘The possibility of permanent loss is the risk I worry about… and every practical…
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BusinessEconomyEntertainmentFeaturedfinancialGlobal NewsInvestmentNews
Self-proclaimed Twitter investor mocks Elon Musk by offering to buy the company at a $30 billion discount
by Leon Hussainby Leon HussainA self-proclaimed Twitter investor mocked Elon Musk, the platform’s new owner, by offering to buy the company for $30 billion less than what Musk paid for it in October. Leonidas Raisini said in…
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BusinessEconomyFeaturedfinancialGlobal NewsInvestmentNewsWorld News
O2 Investment Partners Announces Promotions
O2 Investment Partners (www.o2investment.com) is pleased to announce the promotions of Charlie Miller to Vice President and Shyam Shah to Senior Associate. Luke Plumpton announced the promotions of Miller and…
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EconomyFeaturedGlobal NewsInvestmentMiddle EastNewsUAEWorld News
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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