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The escalation is showing no signs of stopping in the Middle East. There were reports that Iran targeted Kuwait yesterday and hit a desalization plant and now Iran’s semi-official Tasnim says that the Revolutionary Guard targeted a ship that ignored warning and tried to pass through Hormuz. Oil is having another big day with WTI…
Deep Finance Capital has launched in the Dubai International Financial Centre (DIFC), positioning itself as the emirate’s first AI-native asset manager. The DFSA-regulated firm will serve institutional and professional investors across real estate, private equity, commodities and special situations. Deep Finance Capital emerged from Rasameel Investment House Ltd. and is based at Emirates Financial Towers…
Key Takeaways Savers can still snag interest rates near 4.00%. The average national interest rate for savings is 0.38%. Interest rates for savings accounts may continue to drop in 2026. After a couple of years of spiking interest rates in the wake of the pandemic, yields on savings accounts have been falling since late 2024,…
Live shopping is the television home shopping experience rebuilt for the internet. A host goes live on a platform, demonstrates a product, takes questions from viewers in the comments and offers a limited-time deal. Viewers buy with a single tap, without leaving the stream. The format collapses the distance between discovery and transaction to mere…
Boeing focused on production, not new orders at Farnborough Airshow Boeing’s Strategic Focus at the Farnborough Airshow By Dan Catchpole and David Shepardson LONDON, July 19 (Reuters) – The head of Boeing’s commercial airplane unit said on Sunday that the company is focused on increasing and improving aircraft production, “not order announcement.” Strong Backlog and…
After three months of keeping the secret, I waited nervously in the hotel lobby. When they stepped out of the elevator, I put out my hand. “I’m your guide, Ash-san.” My father went to shake it, paused, then said, “Oh, it’s you. What are you doing here?” When my mom realized who I was, she…
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This podcast series from Crowe Tax and CFO.com brings together industry experts to explore how Crowe’s tax team can help businesses drive growth, reduce risk, and understand tax across industries, regions, sophistication levels, and entity types. Check out the podcast episodes! ⬆ Ep. 3 AI & Tax Transformation: Achieving Lasting Enterprise Value …
Joe Studwell is a development economist at Africa Urban Lab, a research centre at the African School of Economics, Zanzibar. He is also a founder and director of the Asian research and advisory firm Gavekal Dragonomics. His books include The China Dream, Asian Godfathers and How Asia Works. How Africa Works: Success and Failure on…
Ken Griffin’s hedge fund, Citadel LLC, has been called the most profitable hedge fund in history. It currently manages around $68 billion, and has posted average annual returns of 19.2% after fees since 1990. The fund is highly analytical, employing 260 PhDs who use 100 petabytes of data to make daily trading decisions. The firm…
Key Takeaways For people who don’t qualify for checking accounts or prefer to avoid banking, Netspend may be a good option. Cardholders can have checks and cash deposited directly onto their card without having an attached debit account, though fees may add up depending on your activity. There are alternative prepaid card options and even…