Western Europe Snubs Us Over Iran Sanctions, Goes For Swift Alternative | Swfi - Sovereign Wealth Fund Institute
The European Union has decided to conduct business with Iran and bypass U.S. sanctions of the embattled country. The apparatus used to trade will be INSTEX (Instrument in Support of Trade Exchanges). As joint shareholders in INSTEX, France, Germany, and the United Kingdom will take part in humanitarian goods trades that include food, medicine, and [...]
Berkshire Hathaway's Oracle investment was notable because Buffett had historically tended to be cautious about investing in technology stocks. : The Oracle of Omaha is apparently through with the Oracle of Silicon Valley. And he also looks to be less bullish on Apple. Warren Buffett's Berkshire Hathaway said in a quarterly filing with the Securities and Exchange Commission Thursday that his company sold off $2.1 billion worth of Oracle stock during the fourth quarter of 2018. Only three months earlier, Berkshire first reported owning 41.4 million shares in the enterprise-software giant.
Peltarion, a Swedish startup founded by former execs from companies like Spotify, Skype, King, TrueCaller and Google, today announced that it has raised a $20 million Series A funding round led by Euclidean Capital, the family office for hedge fund billionaire James Simons. Previous investors FAM and EQT Ventures also participated, and this round brings [...]
Is this a step in the right direction? : This material may not be published, broadcast, rewritten, or redistributed. (c)2019 FOX News Network, LLC. All rights reserved. All market data delayed 20 minutes. Manhattan Institute senior fellow Judith Miller, former deputy assistant to President George W. Bush Brad Blakeman and Washington Examiner senior political correspondent David Drucker weigh in on the new border security compromise. **Want FOX News Halftime Report in your inbox every day? Sign up here.
A hedge fund founder sees altruism as a key metric in helping save capitalism from itself. : Paul Tudor Jones, the billionaire investor, told a crowded room of asset managers and financial advisors at the Inside ETF conference that the system that got them there-- capitalism--is broken, and in need of reform. And he's got an index of stocks that can help. Jones, founder of hedge fund Tudor Investment Corp. which manages some $7 billion in assets, has a net worth of $5.1 billion, according to Forbes, primarily by making big bets on interest rates and currencies.
Wheatsheaf Group, the investment arm of the Grosvenor family office, has acquired a 90% stake in Purfresh--a provider of specialised climate control technology designed to reduce food waste during shipping. It is estimated as many as one out of 15 containers, some worth up to $500,000, are rejected when they arrive at their destination due to spoilage, according to Purfresh. Based in San Francisco, the company's technology combines controlled atmosphere and active atmosphere with ozone technology to reduce food-waste--delaying ripening, reducing decay and improving food safety through reducing food-borne pathogens--without the use of harsh chemicals.
Jeans Maker Levi Strauss Files To Make Stock Market Comeback After Over 30 Years, Companies & Markets News & Top Stories - The Straits Times
February 14, 2019 7:06 AMNEW YORK (REUTERS, BLOOMBERG) - Jeans maker Levi Strauss & Co on Wednesday (Feb 13) filed documents to list itself on the New York Stock Exchange, seeking to return to public markets after more than three decades.
Cities that were shunned in Amazon.com Inc's search for a secondary corporate headquarters are revisiting their bids in case one of the actual winners, New York City, rejects the corporate giant due to opposition from local politicians.
NEW YORK (Reuters) - Cities that were shunned in Amazon.com Inc's search for a secondary corporate headquarters are revisiting their bids in case one of the actual winners, New York City, rejects the corporate giant due to opposition from local politicians.