Posts filtered by tags: Blackrock[x]


 

BlackRock-Led Consortium Signs Deal for Saudi Aramco's Gas Pipelines

DUBAI (Reuters) - Saudi Aramco said on Monday it has signed a $15.5 billion lease-and-leaseback deal for its gas pipeline network with a consortium...
Tags: Dubai, Blackrock, Saudi Aramco, Reuters Saudi Aramco


Billionaire investor Ray Dalio says his comments on China's disappearances were misunderstood – after he said Beijing was being a 'strict parent'

Ray Dalio has raised $1.3 billion for a private fund in China, according to Bloomberg.Eoin Noonan/Web Summit via Getty Images Ray Dalio said he "sloppily answered" a question on Chinese human rights, which led to a misunderstanding. Last week, the billionaire investor likened Beijing to "strict parents" when asked about China's record. The Bridgewater boss is making big moves in China, and is one of many caught up in a debate about investing there. Billionaire investor Ray Dalio said he a...
Tags: China, Trends, Getty Images, Beijing, Mitt Romney, Chinese communist party, Jamie Dimon, Cnbc, Blackrock, Bridgewater, George Soros, Andrew Ross Sorkin, Didi, Ray Dalio, Dalio, Bridgewater Associates


The oldest consumer advocacy group in the US sent a letter to 10 governors bashing BlackRock for investing state pension money into Chinese markets

BlackRock boss Larry FinkCNBC/Getty Images An advocacy group is calling on US governors to examine what it sees as risks from BlackRock's investment in Chinese companies.  Consumers' Research sent a letter to 10 governors of states with the most pension money invested with BlackRock.  BlackRock is the world's largest asset manager, overseeing about $10 trillion.  A consumer advocacy group this week blasted BlackRock on behalf of US investors for "taking their money and betting on ...
Tags: Florida, New York, Congress, China, US, West Virginia, Trends, Markets, Blackrock, Ccp, Larry, Larry Fink, Ron DeSantis, Kathy Hochul, US China Economic Security Review Commission, Carla Mozee


Paytm Shares: BlackRock, Canada Pension Bought More Paytm Stock After Rout

Several of the biggest investors in Paytm’s record-breaking initial public offering added to their stakes in the Indian fintech giant after shares plunged by as much as 41%, according to people familiar with the matter. BlackRock Inc. and Canada Pension Plan Investment Board were among so-called anchor investors in the IPO that bought more Paytm shares on Tuesday and Wednesday, the people said,asking not to be identified discussing private information. The stock climbed for a third day on T...
Tags: Travel, Ipo, Mumbai, Paytm, Blackrock, BlackRock Inc, Canada Pension Plan Investment Board, Rupert Neil Bumfrey, BlackRock Canada Pension


BlackRock Joins E-Car Charging Venture Ionity in $788 Million Funding Round

By Christoph SteitzFRANKFURT (Reuters) - BlackRock, the world's largest money manager, has joined electric vehicle charging (EV) venture Ionity in...
Tags: Blackrock, Christoph, Reuters BlackRock, Ionity


The Russell 2000 is a small-cap US stock index that is widely regarded as a bellwether for the economy

The Russell 2000 is one the most closely followed small-cap equity gauges.LiudmylaSupynska/Getty The Russell 2000 is a stock market index made up of 2,000 small-cap US companies. It is a widely used performance benchmark for funds that invest in small-cap equities. The broad cross section of US-focused companies in the Russell 2000 also makes it a barometer for the economy. Visit Insider's Investing Reference library for more stories. The Russell 2000 is a stock index that tracks the perf...
Tags: Personal Finance, New York, Macys, US, Trends, Stock Market, Blackrock, Moya, Russell, Wald, Avis Budget Group, Microsoft Apple, Simon Chandler, Mayfield, AMC Entertainment, Ari Wald


Casey Harrell: the climate activist taking on Wall Street – and the muscle-wasting disease that’s killing him

The 43-year-old co-founder of BlackRock’s Big Problem knows he may not have long to live, thanks to the neurodegenerative disease ALS. But that won’t stop him holding the US’s biggest investors to accountTwo months into the pandemic, Casey Harrell was diagnosed with the neurodegenerative disease amyotrophic lateral sclerosis (ALS). The 43-year-old climate activist started noticing symptoms in 2019, shortly after the birth of his daughter, Aya. At first, a doctor thought he had a muscle-twitching...
Tags: Business, Environment, US, Society, Fossil Fuels, Ethical and green living, Carbon footprints, Fossil fuel divestment, Blackrock, AYA, Harrell, Climate Crisis, Casey Harrell


10 things before the opening bell

Company earnings have consistently beaten Wall Street estimates in the second quarter. JOHANNES EISELE/Getty Images Welcome to 10 Things Before the Opening Bell.If this was forwarded to you, sign up here. Plus, download Insider's app for news on the go - click here for iOS and here for Android.Plus, join us for an exclusive Insider webinar on November 17: The future of crypto and its path to mass adoption. Sign up here.Let's jump in. 1."Just say the word." Elon Musk is back on Twitt...
Tags: Elon Musk, Texas, US, Trends, Tesla, Bernie Sanders, Blackrock, Musk, Michael Burry, Mitsubishi UFJ Financial Group, Tina, Jeffries, Ray Dalio, Burry, Dave Meyer, Phil Rosen


Sexual harassment accuser claimed she protected ‘overboarded’ Pityana

‘I protected Pityana’s job’ The post Sexual harassment accuser claimed she protected ‘overboarded’ Pityana appeared first on The Mail & Guardian.
Tags: Business, Top Six, ABSA, Anglogold Ashanti, BlackRock, Glass Lewis, Heidi Barnes, Kelvin Dushnisky, Main, Maria Ramos, Peter Harris, Prudential Authority, Ruffer, Sexual Harassment, Sipho Pityana, South Africa


The head of BlackRock's iShares says the world's largest asset manager isn't racing to launch a crypto ETF

Salim Ramji, BlackRock's global head of iShares. BlackRock BlackRock's iShares chief said the asset manager has "no current plans" to launch a crypto ETF, Financial News reported. Salim Ramji said he is holding back due to the "opaque" regulatory framework and liquidity worries. Late Wednesday, Bitwise Asset Management withdrew its proposal to roll out a bitcoin futures ETF. BlackRock's global head of iShares said the $9.5 trillion asset manager has "no current plans" to launch...
Tags: Trends, SEC, Blackrock, Invesco, Larry Fink, Fink, Ramji, BlackRock BlackRock, Phil Rosen, Bitwise Asset Management, Salim Ramji BlackRock, ETF Financial News, Salim Ramji


No, BlackRock isn’t buying up all of Zillow’s homes

Zillow's ill-fated iBuying venture drew detractors online before the program collapsed. But as the company races to unload 18,000 home, were they right about where it's headed?
Tags: Technology, Investing, Radio, Websites, Zillow, Blackstone, Blackrock, Redfin, Industry News, Inventory, Opendoor, Flipping, Institutional Investors, Offerpad, iBuyer, Zillow Offers


Check out 25 pitch decks that fintechs looking to disrupt trading, banking, and lending used to raise millions

Check out these pitch decks for examples of fintech founders sold their vision. Yulia Reznikov/Getty Images Insider has been tracking the next wave of hot new startups that are blending finance and tech. Check out these pitch decks to see how fintech founders sold their vision. See more stories on Insider's business page. Fintech VC funding hit a fresh quarterly record of $22.8 billion in the first three months of 2021, according to CB Insights data. While mega-rounds helped propel o...
Tags: Amazon, South Korea, New York, Ebay, New York City, Israel, US, Tel Aviv, Los Angeles, Trends, Walmart, Atlantic, United States, Royal Dutch Shell, Pimco, Dallas


BlackRock to Nearly Halve Stake in Britain's THG

By Sachin Ravikumar(Reuters) -THG's second-largest shareholder BlackRock Inc is offloading nearly half its stake in the company at a 10% discount,...
Tags: Britain, Blackrock, BlackRock Inc, Sachin Ravikumar Reuters THG


BlackRock Raises $673 Million for Climate-Focused Infrastructure Fund

(Corrects paragraph 6 to show figures relate to economies across Africa, Asia and Latin America and exclude China)By Simon Jessop and Ross...
Tags: China, Latin America, Blackrock, Africa Asia, Simon Jessop


Exclusive-BlackRock Raises $673 Million for Climate-Focused Infrastructure Fund

By Simon Jessop and Ross KerberGLASGOW/BOSTON (Reuters) - BlackRock Inc told Reuters it has raised a target-beating $673 million for an...
Tags: Boston, Blackrock, Reuters, Simon Jessop, Reuters BlackRock Inc, Ross KerberGLASGOW


Funds Managed by Blackrock to Sell 55 Million Shares in THG - Bookrunner

(Reuters) - Multiple funds managed by Blackrock are selling about 55 million shares in British e-commerce group THG, a bookrunner said on...
Tags: Blackrock, Reuters Multiple


Check out 24 pitch decks that fintechs looking to disrupt trading, banking, and lending used to raise millions

Check out these pitch decks for examples of fintech founders sold their vision. Yulia Reznikov/Getty Images Insider has been tracking the next wave of hot new startups that are blending finance and tech. Check out these pitch decks to see how fintech founders sold their vision. See more stories on Insider's business page. Fintech VC funding hit a fresh quarterly record of $22.8 billion in the first three months of 2021, according to CB Insights data. While mega-rounds helped propel o...
Tags: Amazon, South Korea, New York, Ebay, New York City, US, Los Angeles, Trends, Walmart, Atlantic, United States, Royal Dutch Shell, Pimco, Dallas, Miami, Fidelity


BlackRock Hires Joele Frank's Roe as Stewardship Head for the Americas-Memo

By Svea Herbst-Bayliss(Reuters) - BlackRock has hired a senior executive from communications and investor relations firm Joele Frank to lead its...
Tags: Blackrock, Joele Frank, Frank s Roe, Svea Herbst Bayliss Reuters BlackRock


10 things before the opening bell

The 2021 Ford Bronco Badlands. Doug Berger for NWAPA Welcome to 10 Things Before the Opening Bell.If this was forwarded to you, sign up here. Plus, download Insider's app for news on the go - click here for iOS and here for Android.Plus, join us for an exclusive Insider webinar on November 17: The future of crypto and its path to mass adoption. Sign up here.Let's jump in. 1. Tesla isn't the only automaker day-traders love. Ford soared as much as 13% to a seven-year high on Thurs...
Tags: Apple, Amazon, Trends, Tesla, Gop, Ford, Credit Suisse, Reddit, SEC, El Salvador, Nasdaq, Robinhood, Blackrock, Gensler, Ford Bronco, Dan Levy


Check out 23 pitch decks that fintechs looking to disrupt trading, banking, and lending used to raise millions

Check out these pitch decks for examples of fintech founders sold their vision. Yulia Reznikov/Getty Images Insider has been tracking the next wave of hot new startups that are blending finance and tech. Check out these pitch decks to see how fintech founders sold their vision. See more stories on Insider's business page. Fintech VC funding hit a fresh quarterly record of $22.8 billion in the first three months of 2021, according to CB Insights data. While mega-rounds helped propel o...
Tags: Amazon, South Korea, New York, Ebay, New York City, US, Los Angeles, Trends, Walmart, Atlantic, United States, Royal Dutch Shell, Pimco, Dallas, Miami, Fidelity


What does an investment manager do?

The golden rule to gain a somewhat stable and reliable tomorrow is to invest. It is like fending for certainty in an uncertain world. Eventually, you will get returns on your investments. So, where and how do you start investing? Everyone does not have the time, interest or expertise in studying the market and its fundamentals. There are one too many of them. So, how do you begin? Several experts can help you get started with investing. For simplicity, let us refer to them as investment advis...
Tags: Sales, More, Blackrock, AUM, Willis Towers Watson, AUM AUM, Goldman Sachs Parting Words Now


US futures get a boost from Big Tech earnings, but an inflation-driven rise in bond yields keeps investors wary

Hot air balloons featuring various figures glide over Goreme district. Anadolu/Getty Images US futures edged up, buoyed by optimism over tech earnings, despite a rise in government bond yields. Concern about inflation has pushed two-year Treasury yields to their highest since the start of the pandemic. In crypto, dogecoin spin-off token Shiba Inu surged another 30% to record highs. US stock futures edge higher on Wednesday, after bumper earnings from Big Tech helped offset a sharp rise in...
Tags: Asia, Europe, UK, Microsoft, US, Trends, European Central Bank, NHS, Treasury, Deutsche Bank, Dow Jones, Blackrock, Shanghai Composite, Cmc, Göreme, ING


Blackstone CEO predicts the energy crisis will worsen inflation and prompt social unrest

The energy shortage is severe enough that it could cause a lot of unhappiness and social unrest, said Blackstone CEO, Stephen Schwarzman. Benchmark US oil futures are around $85 a barrel after surging about 75% year-to-date. Oil could rise to $100 a barrel, said BlackRock chairman Larry Fink. The global energy crisis is severe enough that it could fuel social unrest, said the CEO of asset management company Blackstone on Monday. Stephen Schwarzman was speaking at the Future Investment Initiativ...
Tags: News, US, Trends, Bloomberg, Blackstone, Blackrock, Stephen Schwarzman, Blackstone Group, Larry Fink, Fink, Energy Crisis, Huileng Tan, Saudi Arabia Schwarzman


Oil prices edge towards new highs on short supply | Reuters

Oil prices edge towards new highs on short supply | Reuters Oil prices edged towards new multi-year highs on Tuesday, supported by a global supply shortage and strong demand in the United States, the world's biggest consumer.Brent crude was flat at $86 a barrel by 1309 GMT. U.S. oil was up 20 cents, or 0.7%, to $83.96.Goldman Sachs said Brent was likely to push above its year-end forecast of $90 a barrel, while Larry Fink, chief executive of the world's largest asset manager BlackRock, said th...
Tags: Travel, United States, Brent, Goldman Sachs, Blackrock, Reuters, Reuters Oil, Larry Fink, Commerzbank, Rupert Neil Bumfrey, Carsten Fritsch


High probability of oil reaching $100/barrel, says Blackrock CEO Fink | Reuters

High probability of oil reaching $100/barrel, says Blackrock CEO Fink | Reuters Larry Fink, chief executive of the world's largest asset manager BlackRock, said on Tuesday that there is a high probability of oil reaching $100 a barrel.Fink, who was speaking at the Future Investment Initiative conference in Saudi Arabia, also called for more collaboration between the public and private sectors to tackle global challenges such as climate change.Brent crude was down 28 cents at $85.71 a barrel by...
Tags: Travel, Saudi Arabia, Blackrock, Reuters, Larry Fink, Fink, Rupert Neil Bumfrey


High Probability of Oil Reaching $100/barrel, Says Blackrock CEO Fink

RIYADH (Reuters) -Larry Fink, chief executive of the world's largest asset manager BlackRock, said on Tuesday that there is a high probability of...
Tags: Blackrock, Riyadh, Larry Fink, Fink


BlackRock Creates Biggest Climate Exchange-Traded Fund Range

By Simon JessopLONDON (Reuters) - Asset manager BlackRock said on Tuesday it had created the largest range of climate-aligned exchange-traded...
Tags: Blackrock, Simon, Reuters Asset


South Africa must approach its energy transition pragmatically

A sensible climate policy must balance the imperative of decarbonisation, socioeconomic policy and security of supply considerations The post South Africa must approach its energy transition pragmatically appeared first on The Mail & Guardian.
Tags: Europe, Opinion, Mexico, China, Nigeria, Gas, Britain, Egypt, South Africa, World Bank, Algeria, Power Supply, Carbon Dioxide Emissions, Climate Finance, Monterrey, Blackrock


The 'sustainable' investing fad is based on a Wall Street-created myth

There is no empirical evidence that investing in ESG funds helps mitigate climate change. Samantha Lee/Insider The latest investing fad is environmental, social, and governance funds that invest in "responsible" companies. But there is no evidence that ESG funds help mitigate climate change. Investors and the SEC should be wary of thinking these funds help the environment. Bernard S. Sharfman is a research fellow with the Law & Economics Center at George Mason University's Antonin S...
Tags: Trends, ExxonMobil, SEC, ESG, Blackrock, London Business School, George Mason University, Antonin Scalia Law, Samantha Lee, Law Economics Center, Alicia Munnell, Alex Edmans, Tariq Fancy, Bernard S Sharfman, Ashley Hamilton Claxton, Bill Gates Boston College


BlackRock Close to Investing 500 Million Euros in Ionity -Sources

FRANKFURT (Reuters) - BlackRock is close to investing around 500 million euros ($582 million) in electric vehicle charging group Ionity, two people...
Tags: Frankfurt, Blackrock, Reuters BlackRock