Elon Musk is a self-made multi-billionaire, largely due to the success of SpaceX and Tesla. But “to be frank,” Musk tweeted on Sept. 19, “in the early days, I thought there was...
In just the last 24 hours, the wall of worry for stocks got a lot higher. President Donald Trump has contracted Covid-19, which keeps him off the campaign trail...
In his 1516 fictional work, Utopia, the philosopher Thomas More describes a conversation between Portuguese traveller Raphael Nonsenso and the Archbishop of Canterbury, John Morton, in which the former argues...
On 16 September, the president of the European Commission Ursula von der Leyen outlined plans to bring the bloc out of the deepest recession in its history while also...
Singapore-based sovereign wealth fund GIC has joined a consortium to invest around $418 million in China-based biopharmaceutical company I-Lab, according to media reports. The consortium which GIC has joined...
The UK is recognised as the most attractive destination for foreign investments in financial services in Europe. Interestingly, the country remains the top for financial services investments despite Brexit...
President Donald Trump will move to weaken more environmental regulations on industries if reelected in November, while work to complete Superfund cleanup projects, according to Environmental Protection Agency administrator Andrew Wheeler....
PNC Financial’s Amanda Agati is positioning for a challenging fall. Agati, the firm’s chief investment strategist, questions whether the market can move meaningfully higher with uncertainty relating to the...
A tiny start-up led by a former Goldman Sachs trader has become the first fintech firm to complete the acquisition of a nationally-regulated U.S. bank, CNBC has learned. Jiko, a 23-person...
The World Bank has approved International Development Association (IDA) financing worth $425 million for infrastructure development in Eastern and Southern Africa. It is reported that the Regional Infrastructure Financing...