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2024-07-30 | Current Affairs

Singapore’s Temasek Targets USD30 Billion Investment in the U.S.

Singapore’s state investor, Temasek, has announced plans to invest up to USD 30 billion in the United States over the next five years, targeting sectors such as healthcare, financial services, and technology.

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2024-06-25 | Current Affairs

Elsewhere Partners Raises USD285 Million for Software Investments

Elsewhere Partners has successfully raised USD 285 million for its third fund, aimed at acquiring stakes in small, rapidly-growing software companies located outside major tech hubs like Silicon Valley and Boston.  

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2024-05-16 | Current Affairs

Warren Buffet Reveals Its USD 6.7 Billion Chubb Stake 

Today’s News Warren Buffett’s Berkshire Hathaway has disclosed a significant investment in Chubb, unveiling a USD 6.7 billion stake in the insurance company.  Warren Buffett’s Berkshire Hathaway has revealed a significant investment in Chubb, resolving a mystery that had intrigued many followers of the company. According to a regulatory filing made public after the market […]

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2024-05-13 | Current Affairs

Pfizer and AstraZeneca Pour Nearly USD1Billion in French Research

Today’s News  Pfizer and AstraZeneca are making a significant mark in France’s research landscape with a nearly USD 1 billion investment, showcasing their confidence in the country’s potential for healthcare innovation at the ‘Choose France’ business summit.  Leading pharmaceutical companies Pfizer and AstraZeneca have unveiled ambitious investment plans for France, collectively amounting to nearly USD […]

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2024-03-21 | Current Affairs

The End Of The Era Of Easy 5% Returns On Cash 

Today’s News  Cash investments have been a popular choice, offering substantial returns, particularly exceeding 5%, ever since the Federal Reserve began raising interest rates. However, the landscape is shifting as the central bank hints at potential rate cuts. Certificates of deposit (CDs), money-market funds, and similar investments have been yielding attractive returns, but signs of […]

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2024-03-19 | Current Affairs

Robinhood Halts Margin Investing In U.K. Launch

Today’s News  Trading app Robinhood has decided to delay its plans to offer margin investing to customers in the U.K. while it engages in further discussions with regulators. This decision comes as Robinhood launches its U.K. business, initially intending to provide leveraged trading options.   Margin investing, a risky practice where customers borrow money to […]

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2023-12-06 | Current Affairs

Rio Tinto’s USD 6.2 Billion Iron Ore Investment Project 

Today’s News Rio Tinto is set to make a substantial investment of USD 6.2 billion in the development of the Simandou iron ore project in Guinea, marking its most significant venture in the coming years. This project holds the potential to significantly impact the global supply of iron ore, a key component in steel production.  […]