BlackRock’s coal and oil power projects are suffering!
According to reports, BlackRock Inc. Managing Director Eduard Ruijs stated that investments in coal and oil-fired power generation projects will be difficult to come by. He said at an energy conference in Abu Dhabi that projects for natural gas-fired power plants could attract investment. BlackRock is a financial services company that focuses on investment management. […]
Shell intends to relocate its headquarters to the United Kingdom
Shell is a multinational Anglo-Dutch oil and gas company that intends to relocate its headquarters from the Netherlands to the United Kingdom. Its headquarters are now in The Hague, Netherlands. To improve the speed and flexibility of capital and portfolio actions, the oil and gas conglomerate wants to eliminate its dual-share structure and replace it […]
WORLD ECONOMIC MAGAZINE INTERVIEWS DR. HERBERT WIGWE (GROUP MD & CEO) OF ACCESS BANK PLC.
WORLD ECONOMIC MAGAZINE AWARDS INTERVIEW WITH DR. HERBERT WIGWE (CEO) OF ACCESS BANK PLC.
Metaverse: a $50 bln revenue opportunity for luxury – MS
Digital demand for fashion and luxury brands is expected to grow from current low levels and result in extra sales for the industry that could reach $50 billion by 2030, according to Morgan Stanley.
Insurers plan to up ramp up private market investments, BlackRock says
Insurers plan to increase their allocations to private markets to 14% from 11% over the next two years in the hunt for yield, as they add more money to environmentally focused investment funds, BlackRock Inc (BLK.N) officials said. (BLK.N)
Column: Funds pause record selling of 10-year Treasuries
Hedge funds paused their relentless selling of 10-year Treasuries futures ahead of last week’s U.S. consumer price data, but the spike in annual inflation to its highest in more than three decades suggests the hiatus could be a short one.
Bitcoin falls more than 4% to near $60,000
Bitcoin, the world’s biggest and best-known cryptocurrency, fell more than 4% on Tuesday as it extended a decline through a week that also included an upgrade to its blockchain.
Analysis: China’s real estate woes sap property investment products
Chinese investors are abandoning an age-old attachment to property investment products and seeking returns in equities and other corners of the capital markets, as the authorities crack down on the debt-fuelled property sector.
EXCLUSIVE BNP hires advisers to explore $15 bln Bank of the West sale – sources
BNP Paribas (BNPP.PA) is working with advisers to assess a sale of its U.S. arm Bank of the West as it seeks to retreat from the American retail banking market after struggling to compete with larger and better capitalised rivals, sources told Reuters.
KKR, Global Infrastructure Partners to take CyrusOne private for $11.5 bln
KKR & Co Inc (KKR.N) and Global Infrastructure Partners (GIP) will take U.S. data center operator CyrusOne Inc (CONE.O) private for $11.49 billion in cash, the latest deal in a sector that has boomed during the COVID-19 pandemic.
