The US-China trade war is still on-going, four-weeks in a row now.
Given President Donald Trump’s decision to raise tariffs by $325 billion just this week, not only businesses from two nations will suffer, but also the investors which drive...
Known for their fortunes racked up from drug companies, the Sackler family is now focusing on worldwide profits after a previous lawsuit resurfaces, Bloomberg reports. The lawsuit was filed in New York, intending to uncover the whereabouts of the...
Global fintech company FNZ has acquired wealth management software firm JHC, marking the fusion of two of the strongest broking platforms in the UK. This enables FNZ to acquire JHC’s software solutions, namely Figaro, Neon, and Xenon.
“JHC has a...
A team of advisors from Wells Fargo which specializes in handling high-net-worth individuals are joining Raymond James in the move to expand services to its clients.
Financial advisors Geoffrey Sisk, Hynson Marvel and Jason Statuta manages about $600 million at ...
Billionaire Michael Rubin recently said that there should be “more pressure” on the wealthy to do charity works rather than to impose a tax on them. CNBC reported that the e-commerce tycoon believes that it is better to rely...
Jollibee Foods Corporation (JFC) acquired shares from United States coffee company The Coffee Bean & Tea Leaf (CBTL). JFC reportedly shelled out a whopping $350 million for the acquisition.
The statement released by JFC chairman Tony Tan Caktiong says, “The...
In an effort to address corruption, tycoon Lee Kim Yew suggests that the Malaysian government enact a law that controls political wealth acquired through funding, says Free Malaysia Today. This proposition comes after the 14th general election held last...
Venture capital was proven to be successful in 2018 thanks to sovereign wealth funds (SWFs), says Pension & Investments Online. Based on a report released by the International Forum of Sovereign Wealth Funds (IFSQF), these funds boosted the exposure...
The people of Guyana have voted to designate a government that will supervise the control of its newfound source of oil wealth, said the Associated Press. The fossil fuel industry is expected to make the country one of the...
The heiress of the Disney empire said the multimillion paycheck received by Robert "Bob" Iger, Disney's CEO, is "insane."
Abigail Disney, an independent filmmaker, activist and heir to the broadcasting and entertainment empire said that Iger's total $65.6 million compensation...
