“Fiddler on the Roof” is one of the most enduring musicals written. It first previewed here in Detroit in 1964, and I see that it is returning here for the umpteenth time during the 2020 season to the same theater where it had its original tryouts 55 years ago. I’m sure there is a regional or touring company still performing it somewhere near you in the year ahead as well. If not, the movie…
Brilliant ideas that would be catastrophic in the hands of buccaneering privateers should be pressed into public service. That way, we can benefit from their ingenuity without falling prey to their designs.
U.S. investment bank JPMorgan said on Wednesday that if the European Union offered Prime Minister Boris Johnson a short Brexit extension then he would probably succeed in passing his Withdrawal Agreement Bill.
By broadening the nexus between economic interest and national security, Trump is encouraging the decoupling of the world’s two largest economies and the emergence of a bipolar world order led by rival hegemons. Beyond fragmenting the trade and financial system that has underpinned the global economy for decades, the stage would be set for a devastating conflict.
Hong Kong's legislature on Wednesday formally withdrew planned legislation that would have allowed extraditions to mainland China, meeting one of five demands of pro-democracy protesters but unlikely to end months of often violent unrest.
According to the latest report from Eurekahedge, the world’s hedge funds recorded a net growth of $3.4 billion due to performance in September 2019. On the other hand, September also saw large net outflows of $6.2 billion. Assets at the end of the month were down 0.12%. Looking at fundsRead More
SoftBank Group Corp agreed to spend more than $10 billion to take over U.S. office-space sharing startup WeWork on Tuesday, doubling down on an ill-fated investment and paying off its co-founder Adam Neumann to relinquish control.
It’s open season on private equity in the Democratic presidential debates. Senators Elizabeth Warren and Bernie Sanders and others have made attacking “Wall Street” a major plank in their campaign platforms. There’s nothing new about inventing a common enemy to ignite a movement. But what is different this time is the level of demonization and the proscribed penalties on offer.
Online realty company PropertyGuru on Wednesday cancelled its initial public offering (IPO) in Australia because of market volatility, the country’s second scrapped listing of a private-equity backed company on the day and the fourth this month. Bain Capital earlier on Wednesday said it would not proceed with the listing of Australian franchise network Retail Zoo, underscoring the weakness of…
Brazil's President Jair Bolsonaro on Tuesday hailed the Senate's approval of a sweeping overhaul of the nation's pension system as a launch pad for the wider economy, although voting on the last few remaining amendments was delayed to the following day.
Bitcoin derivatives act a lot like the derivatives of other asset classes. Two scholars at the University of London recently looked at bitcoin’s “volatility smiles and skews” as found in the short and long dated maturity of options traded at the Deribit Exchange in 2019. Helyette Geman and Henry Price, of the Department of Economics, Mathematics, and Statistics, at the University of…
Visualizing The World's 20 Most Profitable Companies The biggest chunk of the earnings pie is increasingly split by fewer and fewer companies. In the U.S. for example, Visual Capitalist's Jeff Desjardins points out that about 50% of all profit generated by public companies goes to just 30 companies — back in 1975, it took 109 companies to accomplish the same feat: This power-law…
Shares of SoftBank Group Corp fell 2% in early trade on Wednesday as the tech conglomerate moved to take over beleaguered office-space sharing startup WeWork with a funding injection of more than $10 billion.
The Netherlands' $1.5 trillion pension industry has been named the best in the world for a second year running, boosted by an increase in the net household saving rate, according to the annual global study, the Melbourne Mercer Global Pension Index. The post Dutch come out on top: Mercer index appeared first on Top1000Funds.com.