Saudi PIF Acquires Aramco and Jacobs Joint Venture Stocks

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The Public Investment Fund (PIF) of Saudi Arabia recently bought shares from a joint venture (JV) from Aramco and Jacobs Engineering Group Inc. Bloomberg...

Ex-PM Spends $800k on Cards, Accused of Using Malaysian Funds

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Former Malaysia Prime Minister, Najib Razak, reportedly used two credit cards to spend more than $800,000 in jewellery. Following this, Razak had been accused...

Biden introduces plans to boost rural America through investments

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Democratic presidential candidate Joe Biden released a broad plan on Tuesday proposing to develop rural America through investments in rural communities, infrastructure, and agriculture. "It...

Consumer Lending Powers Banks’ Earnings, Trading Shrank

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America’s big banks recorded a higher earning in the second quarter of the year due to consumer lending boost. Several banks that focus on consumer...

Startup Curve Raises $55M Series B Funding

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A Series B funding led by Gauss Ventures raised startup Curve, a London fintech startup company, $55 million in new funding. Curve is a platform...

AMP Says It Would Likely Cancel US$2 Billion Insurance Unit Sale

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AMP, an Australian financial services firm, said it would likely abandon the AU$3.3 billion (US$2.3 billion) sale of its life insurance unit. The decision...