4 d. ago Northeastern business students create investment tool for $100 million London quantum computing fund

Northeastern business students create investment tool for $100 million London quantum computing fund  Northeastern Global News

Economics

4 d. ago Italy’s Monte dei Paschi sale sparks EU scrutiny after global investors sidelined

UniCredit, Norway’s oil fund and BlackRock were among investors wanting shares in process run by small local bank

Economics

2 w. ago A reckless splurge we (and our children) will be paying off for years: Voters brace for tax hikes as Rachel Reeves embarks on unprecedented spending spree

In a return to Labour's tax-and-spend approach, the Chancellor set out plans to 'invest' a staggering £4 trillion to fund 'the renewal of Britain'.

Economics

2 w. ago Trading firm Tower Research to launch fund for outside investors

High-frequency market makers are seeking new avenues for growth as competition rises

Economics

2 w. ago Bryson DeChambeau “super excited” at prospect of signing new LIV Golf contract

DeChambeau is bidding to win his third US Open.

Politics

3 w. ago Norway MPs reject call to stop wealth fund investing in occupied Palestinian territories

Parliament votes against divestment proposal after tearful speeches in chamber and protests outsidePoliticians in Norway have rejected calls to stop investing its sovereign wealth fund – the largest in the world – in the occupied Palestinian territories despite emotional scenes inside and outside parliament.The £1.4tn oil fund, which is run by Norges Bank according to rules set by MPs, is the largest European investor in Israel’s occupation. Continue reading...

Economics

3 w. ago Norway MPs reject call to stop wealth fund investing in Israeli

Parliament votes against divestment proposal after tearful speeches in chamber and protests outsidePoliticians in Norway have rejected calls to stop investing its sovereign wealth fund – the largest in the world – in the occupied Palestinian territories despite emotional scenes inside and outside parliament.The £1.4tn oil fund, which is run by Norges Bank according to rules set by MPs, is the largest European investor in Israel’s occupation. Continue reading...

Economics

4 w. ago Despotism v capitalism: PSG v Inter is clash of styles on and off pitch | Jonathan Liew

Champions League final features opposing tactical approaches and two radically different ownership modelsIn 2021, Oaktree Capital quietly rebranded its “Distressed Debt” division as the “Opportunistic Credit” platform. For decades the LA-based investment fund had specialised in picking up what is known in the trade as distressed assets, a strategy it described as looking for “good companies with bad balance sheets”.So let’s say your company is screwed. You’re deep in debt, severely short of cash, perhaps even at risk of bankruptcy or default. In sweep Oaktree. They have a mosey around, shake down some creditors, restructure your cost base, perhaps offer you a high‑interest loan to stop the bleeding. Once they’ve got you battle-lean they find you a buyer, you sell up, and they take a fat cut. Four years ago, as they cast an eye over the Covid-emaciated carcass of Inter, this was exactly the strategy they had in mind. Continue reading...

Politics