When Hindenburg Research revealed a short position in Adani Group last week, some U.S. investors said they were intrigued about the actual mechanics of its trade, because Indian securities rules make it hard for foreigners to bet against companies there. Hindenburg’s bet has been lucrative so far. Its allegations, which the Indian conglomerate has denied, […]
BOCA RATON, Fla.–(BUSINESS WIRE)–DigitalBridge Group, Inc. (NYSE: DBRG) today announced that its operating company, DigitalBridge Operating Company, LLC, through certain of its subsidiaries (collectively “DigitalBridge”) has completed its transaction to acquire AMP Capital’s global infrastructure equity investment management business, which has been rebranded as InfraBridge in a transaction valued at $316 million, plus potential contingent […]
The US economy is back on track after COVID-19 dip World Economic Forum Read the full article…
Stocks to watch today: Domestic equity markets may remain on tenterhooks on Thursday as downbwat sentiment across Adani Group stocks may overshadow positive global cues. At 7:30 AM, SGX Nifty was at 17,601, down 99 points. Other Asian indices were, meanwhile, mixed this morning after US Fed […]
Investing Insights is a non-profit organization created and run solely by Valley high school students. Its mission is to promote financial literacy to younger generations. “Last year I was on the team that won the Wharton Global High School Investment Competition and through that competition, is how I really discovered my interest and passion for […]
Hong Kong’s service sector will be the part of economy that sees “the biggest rebound” as borders reopen, UBP told CNBC’s “Squawk Box Asia” on Thursday. However, it warned that the sector is coming “from a very fragile situation,” given its contraction in every quarter of 2022. “We can’t exclude the possibility of further insolvencies […]
Facebook’s parent firm recorded a 55% drop in profits during the final quarter of 2022 – the result of a $4.2bn restructuring charge that included the cost of thousands of job cuts. Meta Platforms, which also includes WhatsApp and Instagram in its stable, said its net income profit measure slumped to $4.65bn between October and […]
Morgan Stanley Investment Management (“MSIM”) today announced the launch of an exchange-traded fund (“ETF”) platform with the listing of six Calvert ETFs on NYSE Arca. The ETF product suite features Calvert Research and Management’s industry-leading approach to responsible investing and offers investors access to four indexed Environmental Social Governance (“ESG”) strategies and two active ESG […]
Carleton’s economics department received the third annual American Economic Association’s (AEA) Award for Outstanding Achievement in Diversity and Inclusion in December 2022. The award, which was announced in January, recognizes college economics departments and other organizations which have demonstrated “outstanding achievement in diversity and inclusion practices.” Mark Kanazawa—Wadsworth A. Williams professor of economics, former department […]
‘Skewed’: How poor electricity market design cost Britain £7bn last … BusinessGreen Read the full article…
