investment

Saudi wealth fund, BlackRock to jointly explore Mideast infrastructure projects

Saudi Arabia's sovereign wealth fund and BlackRock have signed an agreement to jointly explore infrastructure projects in the Middle East,…

3 years ago

Dollar edges up as Fed’s Waller cautions on inflation

The U.S. dollar steadied on Monday amid fading expectations of a less aggressive Federal Reserve interest rate hike after Governor…

3 years ago

FTX collapse being scrutinized by Bahamas authorities

The collapse of cryptocurrency exchange FTX is the subject of scrutiny from government investigators in the Bahamas, who are looking…

3 years ago

Apple supplier Foxconn adjusts production to avoid holiday blues

Apple Inc supplier Foxconn said on Thursday it expected smartphone revenue to fall this quarter and is adjusting production to…

3 years ago

Goldman Sachs promotes 80 people to elite partner rank

Goldman Sachs Group Inc promoted 80 bankers as partners of the storied Wall Street firm, up from 60 people in 2020,…

3 years ago

WeWork to exit 40 U.S. locations to cut costs, revenue outlook disappoints

WeWork Inc said on Thursday it will exit about 40 locations across the United States and forecast current-quarter revenue below…

3 years ago

Shares dip, dollar strengthens as markets eye U.S. inflation data

Shares dipped slightly and the dollar firmed on Thursday, ahead of U.S. inflation data that will influence the Federal Reserve's…

3 years ago

Vodafone teams up with KKR and GIP in 16 billion euros towers deal

Vodafone has agreed to sell a major stake in its wireless infrastructure company Vantage Towers to GIP and KKR, creating a…

3 years ago

Spain’s Iberdrola to invest $47 bln in energy transition in 2023-25

Spain's Iberdrola will invest 47 billion euros ($47 billion) in electricity networks, renewable energy production and customer businesses over the next…

3 years ago

Chipmaker TSMC plans Arizona factory expansion

TSMC, the world's largest contract chipmaker and a major supplier to Apple Inc, said on Wednesday it was constructing a…

3 years ago