Energy stocks surged along with oil prices after half of Saudi Arabia's oil production was knocked out by drone attacks. History says an ETF that targets oil exploration and production stocks should keep rising.
The weekend attacks on key oil infrastructure in Saudi Arabia have investors anxious as the Kingdom has just accelerated plans to list Saudi Aramco in what would be the world’s largest initial public offering (IPO) ever.
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KKR & Co Inc is preparing to list a A$500 million credit fund in November in Australia, marking the U.S. buyout firm's first investment vehicle in the country, two people with direct knowledge of the matter told Reuters.
There has been an “evolution” among private equity managers in integrating ESG over the last three years, said Michael Cappucci, senior vice president, compliance and sustainable investing at the $37.1 billion Harvard Management Co, speaking at PRI in Person in Paris. In a session focused on the private equity industry’s progress and challenges integrating ESG into its processes and policies,…
US President Donald Trump's disdain for multilateralism makes it even more likely that Arab governments will continue cooperating with regional allies on key issues rather than trying to reach a broader consensus within the Arab League and the Gulf Cooperation Council. And the already slim prospects for Arab unity will fade even further.
John Bolton's departure from the White House removes an obstacle to the possibility of U.S.-Iranian nuclear talks, but the odds of such a dialogue leading anywhere remain low, current and former U.S. officials said on Tuesday.
DUBAI (Reuters) - Saudi Aramco is expected to give lead roles to JPMorgan, Morgan Stanley and National Commercial Bank for its planned initial public offering (IPO), a source familiar with the transaction said.
In today's bull market, the bezzle, or "inventory of undiscovered embezzlements," isn't stocked with Ponzi schemes and the like. Rather it is built on the notion that risky assets have become practically risk-free.
Investment firms are accepting the premise that they need to change their cultures and increase diversity. We need to change cultural norms, working to challenge embedded views along with overt and unconscious biases.