Auditor of EU Investment Plan had revealed that the said plan has no added value. "There is a risk" that EFSI may have no added value, ECA President Klaus-Heiner Lehne told reporters.
Sectors
Essar Group CEO: Deal with Rosneft is US sanctions-compliant
The sale of India’s Essar Oil worth $12.9 billion to a group led by Russia’s Rosneft (ROSN.MM) conforms with the United States’ sanctions imposed unto the Russian energy firm, Essar Group’s CEO confirmed on Sunday.
US Investment Banking Returns To Spotlight
The banking investments in U.S. have made a come back. Their patience is now rewarded. JP Morgan and Citi standout this third-quarter.
Utilities, Services Tops Wednesday Sectors
On Wednesday, the gain of the sectors are mentions with its corresponding growth.Among that group, WEC Energy Group Inc. (WEC) and Ameren Corp. (AEE) are the tough companies, in which these two are the day's stand-outs, presenting a gain of 1.5% and 1.5% respectively.
Analysis on S&P 500 Sectors: Quant Stats, Optimal Weights, and Opportunities
Quant gurus has expressed their anaylis over the S&P 500 sectors. Quant stats are highlighted with its apects on optimal weights and opportunities. They stressed out that though they are experts of the fields, it is good to understand a well-diversified portfolio. They said that quant models are cannot replace human decision-making.
Latest News
The European Commision has been alarmed with rising problems on fraud and fragmentation. Realizing the need to relax VAT rules, they made an action upon it.
Russia's economy starts eventually to improve even if Russia's global political standing. In October, in its latest World Economic Outlook,nternational Monetary Fund predicted that Russia's economy could return to growth in 2017
Among the countries who are known to have a good performance in the world market, the Kingdom of Saudi Arabia may top the list. However, it faces some issues on its investments and world trade recently.
Michael Sturino, president and CEO of Illinois Road and Transportation Builders Association had proposed an amendment that asked for a huge budget. This earned criticism as some critics opposed on the huge amount involved since there are more areas of concern to be given priority.
Pentagon got the highest fund ever in the history. Its fund is intended to purchase F-35 . It will be utilized for the ongoing combat operations. The cost related with these enduring requirements is in the range of $30 billion annually.
Apple, in its investment to Didi and its interest to the auto industry was serious for it invest a huge amount which cost $1B. Rumors spread that Apple focuses on manufacturing cars.Upon the investment made Apple has now a slot on the seat of the board.
Nevada Senate approves the stadiium funding deal with 16-5 vote. Next step will be the Nevada General Assembly.
Mahindra and Mahindra Ltd. eyed China for being the hottest electric vehicle market. The company looked for venture partner to carry on its goal in investing Chinese market.
Oasis Center, the leading chain in vitro-fertilization has announced it partnership with India's Life Sciences Fund.It has invested $6.2 millon in the company. The proceeds of the funding is allocated to extend its chain of IVF centers.
