Category: Finance

In a significant move to support global infrastructure and renewable energy projects, Apollo Global Management and Standard Chartered PLC have formed a strategic partnership. The collaboration, valued at $3 billion, aims to accelerate financing for critical projects focused on the transition to cleaner energy and sustainable infrastructure worldwide. Key Details of the Partnership Apollo’s sustainable […]

The wildfires that have devastated large parts of Los Angeles County have drawn fresh attention to the struggles many Americans face insuring their homes. Since 2022, seven of the 12 largest insurance companies have stopped issuing new policies to homeowners in California, citing increased risks due to climate change. California isn’t alone: The same thing […]

Succession planning is one of the biggest challenges family businesses face, with aging leaders often reluctant to let go of their power. While we’re experts in family business and not politics, we couldn’t help but notice striking parallels between our research and the dynamics of the 2024 election campaign. For much of the race, the […]

The wildfires raging across Los Angeles are setting the scene for a real estate nightmare. Thousands of homes and other structures are destroyed and hundreds of thousands of residents have been evacuated at various times. Many will not return for months, if ever. Homeless in an instant, they are now flooding the housing market, desperately […]

China has unveiled plans to invest a substantial $272 billion into its national data infrastructure over the next five years, aiming to create a unified national data market. The initiative, led by the National Development and Reform Commission, will allocate approximately 400 billion yuan (around $54.5 billion) annually from 2024 to 2029. Zhulin Shen, deputy […]

Capitalism, communism and socialism are the world’s three major economic systems. While the phrase “economic system” may seem like a yawn, countless people have fought and died in major wars over which one should dominate. Shifts from one system to another, like the 1989 fall of communism in much of Eastern Europe, changed the lives […]

Picture yourself living the American Dream. You likely have more opportunity than your parents did. Through hard work, smart choices and perhaps some good luck along the way, you have financial stability and a great deal of freedom to choose your next steps in life. Chances are also good that you live in or near […]

Amazon India has announced a strategic investment of $120 million in local startups focused on the consumer goods manufacturing sector. This move aims to accelerate the digital transformation of these companies and help them scale in both domestic and global markets. The funding will be channeled through the Amazon Smbhav Venture Fund, which was established […]

The holiday shopping season is now here, and Americans are ready to splurge. The average U.S. shopper expects to spend more than US$1,000 on gifts for Christmas and other winter holidays this year, surveys show. These days, consumers have no shortage of payment options, each seemingly more enticing than the last. Do you swipe your […]

If finding the right present and making sure the recipient gets it on time leaves you feeling anxious, you’re not alone. More than half of Americans say that gift-giving stresses them out. Concerns about on-time delivery are so common that people share holiday deadlines for each shipping service. And in the event that you can’t […]