Glencore takes $480 mln provision on Radiant World exposure – Bloomberg

California family offices with clients at or near the $1 billion net worth threshold should be monitoring Proposition 40, the 2026 Billionaire Tax Act, which has qualified for the Nov. 3 ballot and could impose a one-time tax of up to 5% on the net worth of certain California residents if approved by voters. Although…

For the first six months of 2026, Goldman Sachs posted net revenue of $37.57bn and net profit of $12.26bn. Credit: Piotr Swat/ Shutterstock.com. Goldman Sachs profit has surged in the second quarter (Q2) of 2026, benefitting from a booming trading environment and continued growth in asset and wealth management.   The US-based bank reported net earnings of $6.63bn in the quarter ended 30 June 2026, a…

Partnership comes amid continued supply constraints in German purpose-built student accommodation. Your trusted source for commercial real estate intelligence, insights, and market analysis. Register for free to access two complimentary articles per month, or Subscribe to unlock unlimited CRE intelligence. Already have an account? Log in The post TPG and Madison partner on German student…

Shakti Pumps (India) Ltd shares surged 11.71% to Rs 522.55 during Thursday’s trading session after the company secured a major order from Maharashtra State Electricity Distribution Company Limited (MSEDCL). The company received a Letter of Empanelment for the supply of 10,000 off-grid Solar Photovoltaic Water Pumping Systems (SPWPS) under the Magel Tyala Saur Krushi Pump…

The recent blistering pace of earnings growth is unsustainable.

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