GAM said its fund management services business is now “highly commoditised” and more cost-effective when outsourced. Zurich-listed GAM Holdings has agreed to transfer its management company activities in the UK, Ireland and Luxembourg to Apex Group, the financial services business. The move has been made, GAM said, to streamline its operations and focus on
The Business Times said that Tiger Brokers was “generating buzz” because it was “different from other trading platforms,” and, judging from the firm’s features, that description seems spot-on. Tiger Brokers was founded in 2014, and it has quickly made a name for itself. It’s even listed on NASDAQ as TIGR. This broker has more than
Enagás has reached an agreement to sell its 30.2% shareholding in the American company Tallgrass Energy to Blackstone Infrastructure Partners, for an amount of 1,100 million dollars (1,018 million euros at the current exchange rate). The transaction is expected to be closed at the end of July, although out of the agreed amount, 50 million
Color Star Technology Co., Ltd. (NASDAQ:ADD – Get Free Report) was the target of a large drop in short interest during the month of June. As of June 30th, there was short interest totalling 396,100 shares, a drop of 13.3% from the June 15th total of 456,900 shares. Currently, 2.0% of the company’s stock are
Edelweiss Mutual Fund announced the launch of the Edelweiss Business Cycle Fund, an open-ended equity scheme following the business cycles-based investing theme. The scheme opened for public subscription on July 09, 2024, and will close on July 23, 2024. The scheme re-opens for continuous sale and repurchase on August 06, 2024. What kind of mutual
Fluence Energy, Inc. (NASDAQ:FLNC – Free Report) – Analysts at Seaport Res Ptn lowered their FY2024 EPS estimates for shares of Fluence Energy in a research note issued on Thursday, July 11th. Seaport Res Ptn analyst T. Curran now expects that the company will earn $0.07 per share for the year, down from their prior
FILE PHOTO: Debris is seen in front of the apartment compound Taoyuan Xindu Kongquecheng developed by China Fortune Land Development, in Zhuozhou, Hebei province, China. REUTERS/Lusha Zhang/File Photo China’s economy hit a stumbling block in the second quarter of 2024, growing at a sluggish 4.7% – its slowest pace since early 2023. This disappointing performance
The dilemma in today’s labor market is real. In 2023, the U.S. labor market had 9.5 million unfilled jobs. Yet there were just 6.5 million unemployed workers, according to the U.S. Chamber of Commerce. If every unemployed person found a position tomorrow, there would still be over two million open positions. Finding talent today is
Stock brokers watch share prices during a trading session at the Pakistan Stock Exchange (PSX) in the Provincial Capital on February 13, 2024. — Online KARACHI: Bulls took charge of the Pakistan Stock Exchange (PSX) on Monday after the market gained new heights by gaining more than 1,000 points due to the new $7 billion
The Teesta River, a vital waterway in northern Bangladesh, has long been a lifeline for agriculture, livelihoods and biodiversity in the region. However, seasonal variations, with excessive flooding during monsoons and acute water shortages during dry spells, have created a pressing need for a comprehensive management and restoration project. As discussions around the Teesta River