Qatar Investment Authority Cannot Quit Russian Market
The Qatar Investment Authority (QIA) cannot quit the Russian market and is waiting to analyze its position there due to the Ukraine crisis, one of the sovereign wealth fund's chief ...
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Tag: Investment
BoE Chief Economist: We Will Squeeze The Economy Further To Control Inflation
BoE’s Huw Pill insists that ‘further work needs to be done’ after fresh base rate increases The Bank of England will exacerbate its squeeze on the economy over the months ...
BlackRock’s iShares Delist London-Listed MSCI Russia ETF June Due To Ukraine
BlackRock (BLK.N) said on Friday that BlackRock's iShares will close its MSCI Eastern Europe and MSCI Russia exchange-traded funds, joining a list of several other funds which have been closed ...
By Dragon’s Rock, Global Policymakers Plan How To End Stagflation
The world's top finance ministers and central bankers meeting around Germany's Dragon's Rock on May 19 have their beast to kill: stagflation. The Group of Seven financial leaders is coming ...
Xendit Gets $300 Million In Funding Round
Xendit, a Southeast Asia payments platform, has closed on a $300 million funding round, taking its total capital raised by the company to $538 million since its inception in 2016. ...
JPMorgan, BlackRock, And Others Inform Texas They Do Not Blacklist Energy Firms
JPMorgan Chase & Co (JPM.N), BlackRock Inc (BLK.N), and other major financial firms have told a Texas official they are not blacklisting energy companies. They spoke while responding to a ...
Allianz To Pay $6B Fine In U.S. Fraud Case, Fund Managers Indicted
Germany's Allianz SE (ALVG.DE) accepted to pay over $6 billion and its U.S. asset management unit accepted charges of criminal securities fraud over the collapse of a group of investment ...
Russia Needs Massive Increase In Imports To Sustain Economy – Development Bank VEB
The Russian economy, shocked by unprecedented Western sanctions, might be resilient for now. However, it requires a significant rise in imports and greater freedoms to survive, economists at the state ...
JPMorgan Shareholders’ Vote Disapproved CEO Dimon’s Special Payout
In an unusual rebuke for CEO JPMorgan Chase & Co (JPM.N), Jamie Dimon, shareholders on May 17 rejected the special $52.6 million stock option award directors gifted him last year ...
Citi Shares Rose As Berkshire Announced New $3B Stake
Shares in Citigroup Inc (C.N) climbed almost eight percentage points after a new $3 billion bet by billionaire investor Warren Buffett's Berkshire Hathaway Inc (BRKa.N) lifted confidence in the shattered ...