Saudi wealth fund increases holdings in Chinese stocks, gains from Alibaba windfall
According to reports, PIF has boosted its position in Alibaba for the second time in less than a year...
Tag : United States
Tramac delay in Houston: Volaris Airlines fined up to USD 300,000
Volaris will pay USD 150,000 of the fine, and if it breaks the tarmac rules once more in a year, it will have to pay the remaining USD 150,000...
Dubai’s financial magnetism: Wealth managers flock as millionaires multiply
Middle Eastern state-owned investors oversee USD 4.7 trillion in capital, with Dubai alone having three times as many millionaires as any other city in the region, according to the DIFC...
Malicious bots made up almost a third of all internet traffic in 2023
At 71%, Ireland had the highest percentage of malicious bot traffic in the previous year...
Morgan Stanley’s wealth management division faces regulators’ heat
Morgan Stanley's wealth management division offers brokerage, custody, investment advising, and financial planning services to high-net-worth individuals and small to medium-sized organisations...
Business Leader of the Week: Meet Doug McMillon, CEO of Walmart
As of 2024, according to Forbes, Doug McMillon's net worth is around 2,770 crores USD...
IF Insights: Making sense out of latest ‘Gold Rush’
The prognosis for gold is improving with expectations that the United States Federal Reserve would start lowering interest rates in 2024...
Enservco’s acquisition of Buckshot Trucking: All you need to know
Buckshot's founders, Tony Sims and Jim Fate, will continue to lead the business post-Enservco acquisition, aiming to leverage the latter's operational footprint for expansion...
ACP discontinuation could cost American telecom USD 4 billion: Research
The survey estimated that around 1.6 million households will cut their telecom spending by USD 15 per month if the ACP ends...
Take more risks & put cash to work: HSBC’s advisory for millionaires
Given the anticipated volatility, HSBC also suggests considering alternatives and multi-asset strategies...