Industry News

Industry News

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Liontrust hit by £500m outflows as investor jitters spread

Asset Management

Ecofin US Renewables lead managers resign

Managing DirectorPortfolio Manager

Schroders takes minority stake in blockchain asset manager

Dubai’s energy demand rises 6.3 percent amid ‘recovering economic activity’

Dubai

TikTok lays off staff while Apple and Goldman Sachs plan hiring slowdown as economic outlook dims

Ministers urged to overhaul regulatory red tape to boost London’s markets

UK

Major visa reforms, easing foreign firm entry pay off as Dubai retains top spot for tourism FDI

MENA/GCC

UK strips £400mn of Greensill loans to Gupta-linked companies of state guarantee

UK

London’s FTSE 100 jumps amid receding recession jitters

UK

UAE Golden Visa holders to receive exclusive government-issued discount card

MENA/GCC

Dubai commercial real estate sales value jumps 89 percent in first half of 2022: Report

Dubai

Dubai aims to raise metaverse’s contribution to economy to $4 billion in new strategy

Dubai

Dutch central bank fines Binance in blow to exchange’s European push

Europe

Goldman Sachs traders help profits beat forecast as dealmaking slumps

Unpaid crypto tax surged by 432 per cent from last year, HMRC says

UK

Microsoft president sees 'new era' of stagnating labor pool

US

JPMorgan hires Kelvin Goh for Asia Pac role, memo says

Investment BankingAsia

Bank of America profit sinks 34% as deals dry up

Credit Suisse says $291 million provisioned for funds recovery costs

Brazil's most populous states cut local taxes on ethanol

LATAM

Hungary in talks with Russia to redirect all gas shipments to Turkstream -foreign minister

Russia/CISCEEMEA

EU signs deal with Azerbaijan to double gas imports by 2027

Europe

Goldman's trading income cushions profit hit from ebbing deals

Ukraine conflict could speed up Germany's green energy transition, study says

Europe