Against the background of increasing tension in global trade, the leading international fund managers are looking for companies from Italian banks to major e-commerce players in China who can benefit from this situation, Reuters writes. To avoid the consequences of a global trade war, international funds increase their investments in companies with stable domestic growth, dominating the market or possessing intellectual rights, which will force buyers to purchase goods, regardless of additional taxes. Thus, the Janus Henderson Global Select fund invests in the giant Chinese e-commerce Alibaba Group Holdings, the Causeway International Value Fund - in the Italian bank UniCredit, the AB International Strategic Core - in the Spanish IT company Amadeus It Group.
Bloomberg News reported on Thursday that Elon Musk’s Space Exploration Technologies Corp. (SpaceX) is in talks to raise new funds at a valuation of $44 billion. The aerospace company said that it is in discussions with a number of investors ...
The self-driving car company Waymo LLC and Fiat Chrysler Automobiles NV (FCHA.MI) signed a partnership deal on Wednesday to fully develop self-driving cars, pickups, and SUVs. Waymo, an Alphabet Inc. (GOOGL.O) unit, and Fiat Chrysler said ...
Oil prices steadied on Tuesday, stuck in narrow ranges as investors pinned hopes on fuel demand recovery amid renewed lockdowns due to rising coronavirus cases. Prices were supported by positive news on vaccine development as medical institutions ...
On Monday, U.S. international banking giant Goldman Sachs (G.S.) said that it would resume negotiations with the Malaysian government this week to hammer out a multi-billion dollar financial settlement lost in a scandal at sovereign fund 1Malaysian ...
Glenmark Pharmaceuticals Ltd was given a notice by the Drug Controller General of India (DCGI) on overpricing and false claims of its generic version of favipiravir, FabiFlu, according to local media reports, sending the company’s ...