The CEO of one of the world’s largest sovereign wealth funds has told CNBC that he sees continued growth for the Chinese economy. Mubadala, an Abu Dhabi-based fund, has invested in the country by partnering with tChina Development Bank Capital and China’s State Administration of Foreign Exchange to establish UAE-China Joint Investment Fund. Mubadala CEO […]
Read moreThe chief executive of one of the world’s largest sovereign funds has said that he doesn’t believe bitcoin is a “fraud.” Khaldoon Al Mubarak, who heads Abu Dhabi’s Mubadala Investment Company, said he was “still on the fence” with regard to bitcoin and blockchain technology, but that people should look at both with an open […]
Read moreIreland’s EU commissioner said Dublin would “continue to play tough” over its threat to veto talks about trade after Brexit unless Britain provided guarantees over the border between Northern Ireland and the Republic. Phil Hogan, the EU’s agricultural commissioner, said that Britain, or Northern Ireland at least, should remain in the single market and the […]
Read moreA state-owned Nepali power company will develop the Himalayan country’s biggest hydroelectric plant after the government scrapped a deal with a Chinese company, a government official said on Sunday. Nepal’s cabinet scrapped a $2.5 billion (£1.9 billion) deal with China Gezhouba Group Corp to build the Budhi Gangaki hydroelectric plant this month citing lapses in […]
Read moreCurrency, United States Finance
Support for Irish PM Leo Varadkar's Fine Gae party falls as snap election nears
Support for Ireland’s governing Fine Gael party fell in a poll on Saturday as a political crisis that has left the country two days away from the calling of a snap election showed no sign of being resolved. Prime Minister Leo Varadkar’s minority government was on the brink on Friday after the party propping it […]
Read moreSpace-strapped cities like New York and San Francisco may think they have it rough, but the booming Hong Kong may have an even more immediate problem. The population surge is making real estate developers consider becoming cave-builders. The Hong Kong government has begun searching for a long-term solution, one that may include building underground for […]
Read moreThe first time Josh Silverman addressed the staff of Etsy as their newly installed chief executive, he tried to connect with a work force known for its diversity, idealism and sincerity. “Hello,” he said. “My name is Josh. I identify as male. My preferred pronouns are ‘him’ and ‘he.’ Most people just call me Josh.” […]
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