Stake Reduction by First Eagle Investment Management New York-based First Eagle Investment Management LLC recently sold a portion of its stake in Barrick Gold Corporation, a prominent gold and copper producer. According to a filing with the Securities and Exchange...
Stock Exchanges
China’s Top Fund Managers Reveal Post-Rout Stock Picks, Favouring Tencent and Kweichow Moutai
China's top fund managers have revealed their preferred stock picks following the reopening of the market after a recent downturn. The managers have shown optimism about the future of Chinese stocks despite several factors causing the market downturn, including the...
Is the Stock Market Open on Presidents’ Day 2023?
The stock market in the United States will be closed on Monday, February 20, 2023, in observance of Presidents' Day. The closure will affect all major U.S. stock exchanges, including the New York Stock Exchange (NYSE) and NASDAQ. This closure is a federal holiday and...
35 Years after its Inception, the CAC 40 Index Continues to Thrive
The CAC 40, France's benchmark stock market index, has reached a new milestone, surpassing its 35-year anniversary. Created in 1987, the index has proven to be a reliable indicator of the performance of the French stock market. Despite economic turbulence and...
The Super Bowl 2023: An Opportunity for Stock Market Investors
The Super Bowl, one of the most anticipated events of the year, is not just about football – it's also a time for stock market investors to make some strategic moves. With the Philadelphia Eagles set to play in Super Bowl 2023, many investors are looking to capitalize...
Investors show interest in Wanda bonds amid China property revival
Wanda Group, the Chinese multinational conglomerate, has been making headlines recently with its recent bond offering. The offering was quickly snapped up by investors, who see it as a chance to bet on the revival of the Chinese property market. Wanda Group's Bond...
Newmont Makes Takeover Offer for Newcrest Mining
Newmont Mining Corporation, one of the largest gold mining companies in the world, has made a takeover offer for Australian-based Newcrest Mining Ltd. The move comes as gold prices continue to rise and as companies in the industry seek to expand their operations and...
Main reasons to launch your Special Purpose Acquisition Company (SPAC) in Luxembourg
Special Purpose Acquisition Companies (SPACs) have become a popular alternative to traditional Initial Public Offerings (IPOs) in recent years. A SPAC is a shell company that is created specifically to acquire a target company with the intention of taking it public....