Finance

Annual Investment Meeting 2023 to Explore the Role of Digital Technology in Designing Future Cities

World Economic Magazine April 12, 2023

The Annual Investment Meeting 2023 (AIM Global 2023), supported by the Ministry of Industry and Advanced Technology in partnership with the Abu Dhabi Department of Economic Development (ADDED), will explore the future of urban development and how important employing innovative solutions and digital technology is in building smarter and more sustainable cities that can withstand future challenges.

Exclusive: First Quantum warns employees that Panama mine may close if dispute is not settled

World Economic Magazine February 17, 2023

First Quantum Minerals Ltd has warned employees it may have to shutter operations in Panama if the government does not allow its copper exports to resume by next week, according to a memo sent to staff and seen by Reuters.

How sanctions complicated day-to-day banking for Russians

World Economic Magazine February 17, 2023

Financial sanctions against Russia have strangled its banks’ profits and wrecked many lenders’ international operations, but one year after Moscow sent its troops into Ukraine how much do they matter for average Russians?

India’s retail inflation breaches RBI’s tolerance level first time since October

World Economic Magazine February 13, 2023

India’s annual retail inflation in January rose above the central bank’s upper threshold for the first time in three months, on higher food prices, vindicating last week’s hawkish monetary policy stance

India’s Adani tries to calm investors as market rout continues

World Economic Magazine February 13, 2023

India’s Adani Group sought to reassure investors on Monday as a rout in its shares continued, saying its business plans were fully-funded, its cashflows strong and it remained confident of delivering attractive returns to shareholders.

Adani’s market losses top $100 bln as shelved share sale spooks investors

World Economic Magazine February 2, 2023

India’s Adani group shares sank on Thursday after it abandoned its flagship company’s $2.5 billion stock offering, swelling the conglomerate’s market losses to more than $100 billion and sparking worries about the potential systemic impact.

Adani’s crucial share sale 85% subscribed as institutions pump in funds

World Economic Magazine January 31, 2023

Indian billionaire Gautam Adani’s $2.5 billion share sale inched closer to full subscription on Tuesday as investors pumped in funds after a tumultuous week for his group in which its stocks were pummeled by a scathing short-seller report.

Exclusive: Goldman Sachs to cut asset management investments that weighed on earnings

World Economic Magazine January 24, 2023

Goldman Sachs Group Inc’s asset management arm will significantly reduce the $59 billion of alternative investments that weighed on the bank’s earnings, an executive told Reuters.

Exclusive: Blackstone in talks with Bain to sell $480 million stake in top Indian REIT

World Economic Magazine January 24, 2023

Blackstone is in talks to sell around half of its stake in India’s largest real estate investment trust Embassy Office Parks to private equity firm Bain Capital, two sources said, in a deal worth up to $480 million at current prices.

Swedish inflation runs red hot in December, raising pressure on Riksbank

World Economic Magazine January 13, 2023

Swedish consumer prices rose more than expected in December, hitting double digits and a fresh 30-year high in an outcome that raises pressure on the central bank to keep cranking up interest rates after four hikes last year.

Annual Investment Meeting 2023 to Explore the Role of Digital Technology in Designing Future Cities

World Economic Magazine April 12, 2023

Exclusive: First Quantum warns employees that Panama mine may close if dispute is not settled

World Economic Magazine February 17, 2023

How sanctions complicated day-to-day banking for Russians

World Economic Magazine February 17, 2023

India’s retail inflation breaches RBI’s tolerance level first time since October

World Economic Magazine February 13, 2023

India’s Adani tries to calm investors as market rout continues

World Economic Magazine February 13, 2023

Adani’s market losses top $100 bln as shelved share sale spooks investors

World Economic Magazine February 2, 2023

Adani’s crucial share sale 85% subscribed as institutions pump in funds

World Economic Magazine January 31, 2023

Exclusive: Goldman Sachs to cut asset management investments that weighed on earnings

World Economic Magazine January 24, 2023

Goldman Sachs Group Inc’s asset management arm will significantly reduce the $59 billion of alternative investments that weighed on the bank’s earnings, an executive told Reuters.

Exclusive: Blackstone in talks with Bain to sell $480 million stake in top Indian REIT

World Economic Magazine January 24, 2023

Swedish inflation runs red hot in December, raising pressure on Riksbank

World Economic Magazine January 13, 2023

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