The commodity trading industry reaped its second-best year ever in terms of profits, banking over $100 billion and building up a mountain of cash to spend on assets and breaking into new markets.
Global commodity trading profits topped $100 billion for second-best year ever Read More »
Goldman Sachs, Macquarie, and some hedge funds have boosted physical trading and options trades in uranium amid soaring prices, as many countries look to increase nuclear power generation to meet their climate goals while reducing the need of fossil fuel imports.
Goldman Sachs Boosts Physical Uranium Trades Amid Soaring Prices Read More »
Chile is targeting an acceleration of its nascent copper-production recovery over the coming years in what would help fill a predicted supply gap as the energy transition spurs demand for the wiring metal.
Chile targets million-tonne copper boost in tightening market Read More »
As professional golfers continue to express concerns about the PGA Tour’s deal with the Saudi-backed LIV Golf, Tiger Woods has joined the board of directors in a concession to player demands.
Goldman Sachs (GS) on Monday agreed to sell off its $29 billion Personal Financial Management (PFM) unit to Creative Planning, a Kansas-based Registered Investment Advisor (RIA).
Goldman Sachs Sells Off $29 Billion Investment Advisory Business Read More »
Saudi Arabia has made big plays in the world of global sports in an attempt to raise its profile on the world stage.
Saudi Arabian Sovereign-Wealth Fund Offered Over $20 Billion for F1 Last Year Read More »
KKR & Co.’s Henry Kravis said the proposed partnership between the PGA Tour and LIV Golf is the best thing for the sport, bringing an end to the acrimony between the traditional tour and the Saudi Arabia-backed upstart tournament.
KKR’s Henry Kravis Praises PGA Tour-LIV Golf Deal as ‘Best Thing’ for Sport Read More »
Apple is eyeing a 2025 deadline to use 100% recycled cobalt in all Apple-designed batteries.
Also by then, the company wants the magnets in its devices to use entirely recycled rare-Earth elements, and Apple-designed printed circuit boards to use 100% recycled tin soldering and 100% recycled gold plating.
Apple Batteries to Use 100% Recycled Cobalt by 2025 Read More »
The Aramco logo is displayed on a smartphone screen. Sopa Images | Lightrocket | Getty Images Saudi Arabia’s state-controlled oil giant Aramco posted a record net income of $161.1 billion for 2022, up by 46.5 percent over the year. “This is probably the highest net income ever recorded in the corporate world,” Aramco CEO Amin
Saudi oil giant Aramco posts record $161 billion profit for 2022 Read More »
Mellody Hobson, Co-CEO & President at Ariel Investments JAMEL TOPPIN FOR FORBES To boost more talented minority executives into the corporate stratosphere, Ariel Investments’ Mellody Hobson wants to install them at the top of existing businesses—and connect them with the customers and capital to succeed. Asa sixth grader in Chicago public schools in 1980, Mellody Hobson
Wall Street’s Most Connected Black Woman Has An Ingenious Idea To Narrow The Wealth Gap Read More »
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