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South African managers show preference for local equities over S&P 500

In a recent survey conducted by Bank of America (BofA), fund managers in South Africa have shown a preference for South African…
Stock

U.S. to grant PG&E $15 billion for grid upgrades- report

The U.S. Department of Energy is set to provide a record $15 billion loan to California’s PG&E (NYSE:PCG) Corp, according to the…
Stock

Allianz withdraws $1.63 billion bid for Income Insurance stake

The German financial services giant Allianz (ETR:ALVG) has withdrawn its proposal to acquire a 51% stake in Income Insurance, a Singapore-based insurer….
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Vonovia offers to buy out Deutsche Wohnen minority shareholders

Vonovia, a leading German property company, has proposed an offer to acquire full control of its majority-owned subsidiary, Deutsche Wohnen (OTC:DTCWY). The…
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Trump transition team proposes EV policy rollback

The transition team of incoming U.S. President Donald Trump is advocating for significant policy changes that would end support for electric vehicles…
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P&G agrees to disclose more on wood-pulp supplier audits

Procter & Gamble (NYSE:PG) has committed to providing greater transparency regarding its wood-pulp supplier audits. This move comes as a response to…
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Alibaba set to sell Intime for $1 billion to Youngor Fashion

Alibaba (NYSE:BABA) Group Holding Ltd. is on the verge of finalizing a deal to divest its department store chain, Intime, to Youngor…
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Trump names Andrew Ferguson as FTC Chair. What are the Big Tech implications?

Investing.com — President-elect Donald Trump has announced his intention to elevate current FTC Commissioner Andrew Ferguson to the role of Chairman, with…
Stock

Exclusive-Trump transition recommends scrapping car-crash reporting requirement opposed by Tesla

By Jarrett Renshaw, Rachael Levy and Chris Kirkham (Reuters) -The Trump transition team wants the incoming administration to drop a car-crash reporting…
Stock

How we got to a global obesity epidemic and how GLP-1 is a game-changer

Investing.com — The global obesity epidemic represents one of the most pressing public health challenges of our time. With nearly three-quarters of…
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