When the bubonic plague arrived on ships in 1896, death and fear emptied half of Mumbai. Ensuing labor shortages devastated the city’s cotton mills, the mainstay of the contemporary economy.
Borrowing Costs for India’s Shadow Banks Finally Start to Fall
(Bloomberg) — Borrowing costs for India’s top-rated shadow financiers declined last month, after the most aggressive economic policies in a decade helped avert a further worsening in the sector …
Why Big Oil Is Investing In India
Big oil is increasingly trying to reduce risk, and increasing tensions between the U.S. and China means that it could start focusing on oil deals in India instead …
Oman appoints head of new sovereign wealth fund
Said, will allow the new authority to own all public assets except the Petroleum Development Oman company and government stakes i …
Wipfli Financial Announces Principal Promotions for 2020
Wipfli Financial Advisors, LLC (Wipfli Financial), a national, CPA-affiliated wealth management firm, is pleased to announce the promotion of two senior financial advisors, Jordan Lochner Mills and …
Jordan Clarkson and Thomas Bryant cut a home deal in Woodland Hills
Thomas Bryant and Jordan Clarkson, who were teammates on the Lakers in 2017-18, have connected on a home sale in Woodland Hills.
Protests erupt in Syria in rare show of dissent against Assad regime
Protests continued for a second day in regime-held southern Syria, where demonstrators openly denounced President Bashar al-Assad in a rare show of dissent in the authoritarian state. Sparked by …
Saudi Arabia to End Extra Voluntary Oil Cuts After June
(Bloomberg) — Saudi Arabia’s extra voluntary oil-production cut, which came on top of the OPEC+ supply curbs, will cease at the end of this month as demand recovers. Crude prices erased gains as …
South Korea receives engines for future fighter jet
X fighter jet has taken another step forward with GE Aviation delivering the first engine for program, although development partner Indonesia continues to rack up overdue payments for its share.
Thailand Plans Extra Stimulus Measures to Support Virus-Hit Economy
Thailand plans to introduce additional stimulus measures from the third quarter to spur domestic consumption and tourism as the coronavirus outbreak hits the Southeast Asian country, the finance …