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Fund supermarket Allfunds bulks up with Credit Suisse deal

18 hours ago DieselGasoil Comments Off on Fund supermarket Allfunds bulks up with Credit Suisse deal
ZURICH (Reuters) – Spain’s Allfunds Group is buying Credit Suisse’s business-to-business investment fund platform InvestLab for an undisclosed sum as the investment services industry consolidates to reap the benefits of scale. FILE PHOTO: The Credit Suisse logo is pictured on a bank in Geneva, Switzerland, October 17, 2017. REUTERS/Denis Balibouse Credit Suisse will take a Read More

Credit Suisse combines unit InvestLab with Spain’s Allfunds

21 hours ago DieselGasoil Comments Off on Credit Suisse combines unit InvestLab with Spain’s Allfunds
FILE PHOTO: The Credit Suisse logo is pictured on a bank in Geneva, Switzerland, October 17, 2017. REUTERS/Denis Balibouse ZURICH (Reuters) – Swiss bank Credit Suisse said on Tuesday it has combined its open-architecture business-to-business investment fund platform – Credit Suisse InvestLab – with Spain-based funds solutions provider Allfunds Group. Credit Suisse will take an Read More

Putin bans Russian flights carrying Russian citizens to Georgia from July 8

4 days ago DieselGasoil Comments Off on Putin bans Russian flights carrying Russian citizens to Georgia from July 8
Russian President Vladimir Putin has signed a decree prohibiting Russian airlines from transporting Russian citizens to Georgia from July 8. The decision comes after anti-government and anti-Russian protests in Tbilisi. “Starting from July 8, Russian carriers are temporarily forbidden from undertaking air transportation of citizens from the territory of Russia to Georgia,” the decree reads. Read More

Tehran releases IMAGES of ‘downed US drone’

5 days ago DieselGasoil Comments Off on Tehran releases IMAGES of ‘downed US drone’
Photos of what Iran says is wreckage of a downed American drone have been released by state media. While knocking out the device, Tehran said it refrained from hitting the accompanying US military plane. The RQ-4A Global Hawk UAV was shot down on June 20 after having entered the country’s airspace and ignoring warnings to Read More

Iran releases IMAGES of ‘downed US drone’

5 days ago DieselGasoil Comments Off on Iran releases IMAGES of ‘downed US drone’
Photos of what Iran says is wreckage of a downed American drone have been released by state media. While knocking out the device, Tehran said it refrained from hitting the accompanying US military plane. The RQ-4A Global Hawk UAV was shot down on June 20 after having entered the country’s airspace and ignoring warnings to Read More

Nuclear waste, rising seas and Trump: Marshall Islands struggles to stay above water

5 days ago DieselGasoil Comments Off on Nuclear waste, rising seas and Trump: Marshall Islands struggles to stay above water
GENEVA (Reuters) – The Marshall Islands is literally struggling to stay above water but its President Hilda Heine told Reuters she had saved her breath rather than try to persuade U.S. President Donald Trump to hear its climate change message. Marshall Islands President Hilda Heine speaks with Reuters in Geneva, Switzerland, June 20, 2019. REUTERS/Denis Read More

Fed rate-cut signal sends stocks up, bond yields and dollar down

6 days ago DieselGasoil Comments Off on Fed rate-cut signal sends stocks up, bond yields and dollar down
LONDON (Reuters) – World stock markets rose on Thursday after the U.S. Federal Reserve signaled it was likely to cut interest rates next month. The dollar fell and benchmark bond yields dropped to multi-year lows. The Fed on Wednesday suggested rate cuts might start as soon as next month, saying it was ready to take Read More

Most SoftBank Vision Fund investors want to join second fund: CEO Son

1 week ago DieselGasoil Comments Off on Most SoftBank Vision Fund investors want to join second fund: CEO Son
FILE PHOTO: Japan’s SoftBank Group Corp Chief Executive Masayoshi Son bows his head after his presentation at a news conference in Tokyo, Japan, November 5, 2018. REUTERS/Kim Kyung-Hoon TOKYO (Reuters) – Most investors in SoftBank Group Corp’s $100 billion Vision Fund want to join the group’s forthcoming second fund, founder and Chief Executive Masayoshi Son Read More