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 Lire la suite »
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 Lire la suite »
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 Lire la suite »
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 Lire la suite »
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 Lire la suite »
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
With the deadline for takeover bids at Manchester United edging ever closer, investors from Saudi Arabia are reported to have joined the race. Offers need to be made by close of play on Friday Several parties have expressed interest Many of those are based in the Middle East WHAT HAPPENED? The Glazer family have opened themselves
Ken Griffin is the new hedge fund king, according to LCH Investments’ annual ranking of the world’s top 20 hedge fund managers, which estimates his Miami-based Citadel earned $16 billion in profits for investors last year and has posted $65.9 billion in net gains since inception in 1990.
QatarEnergy announced on Sunday the final investment decision on the $6 billion Ras Laffan Petrochemicals Complex with partner Chevron Phillips Chemical which is expected to be the largest of its kind in the Middle East.
QatarEnergy, Chevron Phillips ink $6 bln Ras Laffan Petrochemicals deal Lire la suite »
Bob Iger, former CEO, The Walt Disney CompanyScott Mlyn | CNBC Bob Iger is back. Disney+, in a shocking late Sunday announcement, said it had reappointed Iger as chief executive, effective immediately, after Iger’s hand-picked successor as CEO, Bob Chapek, came under fire for his management of the entertainment giant. “It is with an incredible sense
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