GIC Cuts Key Quant Unit in ‘Tough’ Overhaul of Investment Teams
Singapore sovereign wealth fund GIC Pte has scaled back a core quantitative unit set up in 2016 under
2023-07-28 09:17
Private Equity Backers of Plan B Morning-After Pill Weigh $4 Billion Sale of Company
The private equity owners of Foundation Consumer Healthcare are exploring a potential sale of the company behind popular
2023-07-27 02:16
Gasoline Is Surging All Over the World in Fresh Inflation Blow
The price of gasoline is starting to surge everywhere, an inflationary omen for central banks and governments the
2023-07-27 00:27
Top Battery-Maker CATL’s Profit Soars 63% Amid EV Sales Boom
Chinese battery maker Contemporary Amperex Technology Co. Ltd.’s quarterly profit soared, powered by rising electric-vehicle sales globally and
2023-07-26 10:28
Buffett Lifts Fossil Fuel Bets as Global ESG Push Mints Bargains
Warren Buffett’s multibillion-dollar purchases of oil and gas investments early in the pandemic paid off when the sector
2023-07-25 17:45
Indonesian Nickel Mine Takes Green Steps as Environmental Concerns Mount
The company behind an industrial park in central Indonesia that is becoming a nickel production powerhouse says it
2023-07-24 08:48
Emergency Rooms Swamped as Record Heat Above 100F Wilts US South
Heat-related illnesses have spiked as the US bakes in a record-hot summer, forcing some hospitals to call in
2023-07-22 04:48
Here Are the Asia Bank Earnings to Watch After Wall Street Results Fuel Optimism
Will Asian banks follow Wall Street upward? That’s the question in focus this week after American banking behemoths
2023-07-21 10:45
Alameda Executives Saw $10 Billion Cash Gap Months Before Collapse
Alameda Research’s former Co-Chief Executive Officer Caroline Ellison estimated there was a more than $10 billion cash deficit
2023-07-21 07:55
US Oil Reserve Sales to China Could Be Blocked in Defense Bill
China would be blocked from purchasing oil from the US’s emergency stockpiles under legislation slated for a Senate
2023-07-20 00:54
What is a war crime and could Putin be prosecuted over Ukraine?
The ICC wants President Vladimir Putin arrested for war crimes, but South Africa may not cooperate.
2023-07-19 22:18
South Korea’s LG Unveils AI Software for Use Across Its Units
South Korea’s LG Group introduced an upgraded version of its artificial intelligence software, and demonstrated how it can
2023-07-19 13:18