The Mubadala Investment Co., known as one of the largest wealth funds in the world, is looking to spend its 232-billion-dollar pool for international deals, specifically from the United States, said Bloomberg. Mubadala Investment Co. is Abu Dhabi’s sovereign...
An emergency repurchasing operation was carried out by the New York Federal Reserve, as a move to protect the interest rates for the lending market.
The borrowing rates skyrocketed on Tuesday, Sept. 17, a critical issue that can lead to...
With the upcoming election getting closer, the United Kingdom’s wealthiest households are setting up plans to flee the country if Jeremy Corbyn wins as Prime Minister, said The Guardian. This is in light of the Labour Party candidate’s plan...
The world’s biggest producer and exporter of petroleum and natural gas hit a $2 trillion valuation last Thursday, December 12.
Earlier December, the company decided to sell its shares to investors in the hope to close its valuation to $2...
Multinational investment bank JP Morgan recently released a report enumerating various risks to the market. Among the perils the markets will face this year is the “progressive overhaul” of the economy, which is considered one of the biggest threats,...
According to the Institute for Policy Studies and Americans for Tax Fairness, the collective billionaires’ wealth in the United States surged to $584 billion since the start of the pandemic.
The analysis report published on Friday, June 18, revealed that...
After the historic plunge of US Treasury yields causing economic panic and fears of a global slowdown, the yields rose Friday, Aug. 16, edging Asia stocks.
Last Aug. 15, the yield on the 10-year Treasury note moves below 2% or...
A Shenzhen-based smartphone maker Transsion sold $80 million worth of shares in the stock market, raising its valuation to nearly $4 billion.
The company has been dominating the African market, offering a rush among investors. Only one in 20 online...
Millennials, considered as the biggest generation in the United States this year, is also the poorest, according to CBS News. Data shows that people born between 1981 and 1996 hold only 3% of the country’s riches. Baby Boomers had...
President Donald Trump, alongside the administration, seeks to deny impoverished applicants of their green cards. The plan is slated to commence on October 15, 2019.
According to Time, applicants who are utilizing and relying on government aid and services will...
