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India sovereign fund NIIF hires Morgan Stanley infrastructure dealmaker Momaya Premium NIIF0, which is backed by other global sovereign funds such as Temasek Holdings and Abu Dhabi Investment Authority, manages more than $4.4 billion in equity across its three funds, its website shows (AP) Baiju Kalesh , Bloomberg Morgan Stanley executive director Ami Momaya, who was with the US firm’s infrastructure investment management division, will join NIIF as a partner in early May Share Via Read Ful...

Big oil companies invests in startup that drills for clean energy P and Chevron, new investors in Eavor Technologies Inc. include Temasek Holdings Pte Ltd, BDC Capital Corp, Eversource and Vickers Venture Partners. (AFP)Premium Eavor Technologies plans to expand geothermal power beyond places like Iceland that have volcanic conditions Share Via Read Full Story Companies including the venture arms of BP Plc and Chevron Corp. invested $40 million in a startup that aims to use the fossil fuel ind...

GameStop investors who bet big—and lost big Premium A 3d printed Robinhood logo is seen in front of displayed GameStop logo in this illustration taken February 8, 2021. REUTERS/Dado Ruvic/Illustration (REUTERS) Rachel Louise Ensign , The Wall Street Journal GameStop and the Reddit-fueled frenzy around it have been celebrated as a triumph for small investors. But lots of them are in the red. Share Via Read Full Story Salvador Vergara was so enthusiastic about GameStop Corp. in late January t...

Aiming to cash in on data, European firms grapple with privacy laws Premium Catherine Stupp Share Via Read Full Story Companies in Europe want to share the personal data of consumers with other firms or turn it into business applications without violating privacy rules, but there is no consensus on how to avoid revealing such potentially sensitive information. Privacy restrictions in the European Union’s 2018 General Data Protection Regulation initially caused companies to reconsider whether ...

The UN agency said that the initiative will act as a global logistics preparedness mechanism for other humanitarian and health crises over the longer-term.

Mint Lite | Covid-19, Puri heritage corridor, US energy crisis and more Photo: APPremium Sohini Sen Share Via Read Full Story The Institute of Management Accountants released a study that highlights the global impact of covid-19 on the finance function of organizations worldwide—with specific focus on staffing, salaries and skills. Key highlights by respondents of the global survey include across-the-board revenue decline—with large companies suffering more than their smaller counterparts. ...

With the new cases, the coronavirus tally in the country has reached 1,09,25,710 including 1,36,872 active cases and 1,06,33,025 discharges.

Brookfield REIT makes flat debut on stock exchanges Premium (Mint) Share Via Read Full Story Brookfield REIT today made a flat debut on stock exchanges. The initial public offer of Brookfield India Real Estate Investment Trust (REIT), which opened on February 3, got subscribed 8 times. It received bids for 60,59,44,400 units against 7,62,78,200 units on offer. The units were trading flat at ₹275.30 at BSE. The initial public offer of Brookfield India REIT had a price band of ₹274-275 a...

Ban on new foreign workers left US jobs unfilled, even in covid downturn Premium Alicia A. Caldwell , The Wall Street Journal Visa restrictions last year were partly intended to keep more jobs open for Americans as unemployment surged Share Via Read Full Story The U.S. closed the door to nearly all incoming foreign workers last year. The causes were Covid-19 restrictions that locked global borders and Trump administration policies that drastically reduced work visas, with the exception of farm...

Futures in London traded above $63 a barrel after rising 1.4% Monday