News
Goal For GE’s New CEO: A Profit Turnaround
Hopes are high that GE insider John Flannery will further streamline the still-sprawling behemoth.
Author: Luca Ventura
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News
Unprofitable Tesla Achieves Record Market Cap
Elon Musk, profitless billionaire first it surpassed Ford, then GM, then went head to head with Honda and flew past it.
Features
New Tool Mines Quintillions Of Data Points
New data-crunching platform from Nasdaq mixes everything from central bank statements to celebrity Tweets to uncover actionable investment trends.
Features
Rich Kids Don’t Trust Robots
Study of wealthy Millennials finds more interest in private equity than robo-advisory, and a desire to “do good” as well as get good returns.
Features
No Longer All In The Family At Ferrero
Ferrero chocolates' new CEO, Lapo Civiletti, is the first non-family head in the company’s history.
Capital Raising & Corporate Finance
More Rules, More Fines, More On Balance
Lenders have paid more than $300 billion in fines since the 2008 financial crisis; the growing regulations are slowly forcing stronger balance sheets.
News
GM Sells Europe Ops Back to Europeans
GM sloughs off its European brands to focus on Asia and US markets, boosting PSA Group to second-largest automaker in Europe
Capital Raising & Corporate Finance
China Retailers Bet Big On Online Banking Service
Chinese Web giant Baidu has obtained regulatory approval to establish, in collaboration with China Citic Bank, a direct-banking firm named Baixin Bank that will operate online rather than through brick-and-mortar outlets.
Economics, Policy & Regulation
Jack Ma Pledges US Jobs. Sort Of
Alibaba executive chairman Jack Ma stood side by side with president-elect Donald Trumpon January 9 to tout Alibaba plans that would “create one million [US] jobs.” Turns out, the plans are to support exporters, which may or may not create jobs in the US.
News
Kiwi Prime Minister Inherits Strong Economy
The new prime minister of New Zealand has his work cut out for him, despite a relatively strong economy.
Features
Western Private Banks Bail on Asias Wealth
"There are three principal ways to lose money: wine, women and engineers. While the first two are more pleasant, the third is by far the more certain", famously said baron Edmond James de Rothschild.
Economics, Policy & Regulation
Developing Countries Ease Doing Business
According the World Bank Group’s Ease of Doing Business Index for 2017, a record-breaking 137 nations out of 190 have implemented key reforms to deregulate their economies.