For active managers, the math is stark. Out of thousands of mutual funds, literally only one beat the Nasdaq 100 over the last five, 10 and 15 years. It did so by boiling down stock picks to about two dozen companies and riding almost all of them to gains.
As the world reeled in shock over Canadian Prime Minister Justin Trudeau’s charge that India orchestrated the extrajudicial murder of a separatist leader, media outlets in the South Asian country went into attack mode.
Exxon Mobil Corp. is lobbying the Biden administration to allow hydrogen made from natural gas to qualify for some of the most lucrative subsidies available in the President Joe Biden’s signature climate law, pushing for billions of dollars in tax credits intended to help phase out fossil fuels.
Apollo Global Management Inc.’s Co-President James Zelter sees “unprecedented returns” for senior lenders on large buyout deals in the years ahead.
UK house price growth slowed sharply to its joint-weakest pace in more than a decade after the summer surge in mortgage rates, official data show.
TotalEnergies SE plans to invest $300 million in a joint venture with Adani Green Energy Ltd., marking the first public deal between the French oil giant and Gautam Adani since a short-seller leveled fraud allegations against the Indian billionaire’s business empire.
Goh Jin Hian, the son of former Singapore Prime Minister Goh Chok Tong, was among four people charged Wednesday with false trading offenses, according to police, the latest in a wave of alleged financial crimes in the city-state.
While United Parcel Services Inc. reels from the fallout of a costly labor fight this summer and a tough parcel market, FedEx Corp. is reaping the benefits.
China said Wednesday it has simplified its visa application process as it looks to attract more visitors from overseas.
South Africa’s inflation rate climbed in line with analysts’ expectations on higher water and electricity prices, providing impetus for the central bank to keep interest rates high for longer.
