DIFC Attracts Top Wealth Management Firms

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa, and South Asia (MEASA) region, has attracted several notable names recently, taking the total number of wealth and asset management companies to over 300
Exclusive: KKR raises $6 billion for biggest Asia infrastructure fund

KKR & Co Inc has raised nearly $6 billion for its second Asia Pacific infrastructure fund at the first-close, marking the biggest ever private equity fundraising for the sector in the region, two sources familiar with the matter told Reuters.
EXCLUSIVE U.S. weighs Chevron request to take Venezuela oil for debt payments -sources

The Biden administration is considering a Chevron Corp (CVX.N) proposal to allow the U.S. oil major to accept and trade Venezuelan oil cargoes to recoup unpaid debt, four people close to the discussions said.
Analysis: U.S. states ending jobless benefits early hit labor market milestone in March

WASHINGTON, July 2 (Reuters) – U.S. states halting federal unemployment benefits early had crossed a key threshold in their economic recovery early this spring, with the number of available jobs exceeding the number of unemployed people, new federal data shows. The data, which estimates job openings and turnover at the state level, showed the ratio […]
India posts record daily rise in coronavirus deaths

India’s coronavirus deaths rose by a record 3,780 during the last 24 hours, a day after it became the second country to cross the grim milestone of 20 million infections after the United states. Daily infections rose by 382,315 on Wednesday, health ministry data showed. Government modelling had pointed to a peak by Wednesday, a […]