Peugeot, Fiat Chrysler join forces reshaping the automotive sector
PSA Group, the French owner of Peugeot and its US-Italian rival Fiat Chrysler Automobiles (FCA) confirmed on Thursday (Oct. 31) the two companies will merge.
HEADLINES
Japan's Nomura continues its investment spree in blockchain
Nomura Holdings, the parent company of Nomura Securities, has signed a final agreement with chat giant LINE and LVC Corporation to form a financial business partnership that focuses on blockchain technology.
New Zealand first in the world to apply for Asia Region Funds Passport
New Zealand has made the inaugural application for export under the Asia Region Funds Passport (ARFP), a region-wide initiative allowing a managed fund based in one country to be offered more easily to investors in other participating countries.
Oil, gold prices soar amid geopolitical tensions in the Gulf region
Multiple drone attacks on key Saudi Arabian oil facilities over the weekend, have shaken up world markets.
Foreign institutional investors bet big on Indian equities
Foreign Portfolio/Institutional Investors (FPI/FII) have been one of the biggest drivers of India’s financial markets.
World shares advance as trade tensions have eased for now
World shares gained on Tuesday as investors saw a glimmer of optimism on the US-China trade front.
The world’s 10 largest sovereign wealth funds by total AUM
Sovereign wealth funds (SWFs)— state-owned investment vehicles- have existed for more than a century, but since 2000, their number has increased dramatically.
Deutsche Bank is exiting its equity sales and trading operation
Deutsche Bank on Sunday (July 7) announced one of the biggest overhauls of its investment bank since the financial crisis. The German lender will slash 18,000 jobs out of 74,000 around the world by 2022 and scrap its global equities sales and trading business in a bid to
Sotheby's is leaving Wall Street as Patrick Drahi leads the auction house into private ownership
For a hefty per-share premium of $57—or $3.7 billion in total, 275-year-old Sotheby's becomes the latest public company slipping into private hands.
The World's Top 10 Automakers By Market Capitalisation
Following months of talks, the Italian-American Fiat Chrysler Automobiles (CFA) unveiled its proposed €33bn merger with its French rival Renault, which would create the world’s third-largest automaker, with annual vehicle sales of 8.7 million.
