IOCs (according to the PFC 50, a ranking of the world’s largest listed energy firms by market capitalisation,thebiggestareOccidental, Encana and Devon Energy) focus almost exclusively on upstream (exploration and production) operations, with little downstream (refining and marketing) activity. ...
1) SPIC Hydrogen Energy, a subsidiary of giant state-owned Chinese State Power Investment Corporation of China, and developer of hydrogen fuel cell technology, received a total of $890m in funding from various Chinese investment groups, such as Beijing Daxing Investment Group and Agricultural Bank ...
Beijing firms bring tech to Belt and Road countries Chen Zhiqiang is celebrating his decision to build a sprawling factory in northern Beijing 18 years ago. Renowned Chinese mathematician dies at 98 Renowned Chinese mathematician Wu Wenjun, died on Sunday at the age of 98 in Beijing. Chinese Vic...
Tony DongFeb. 7, 2025 7 Companies Building AI Agents These firms have strong businesses and are using "agentic AI" to better serve customers. Jeff ReevesFeb. 7, 2025 Best Green Stocks and ETFs Investments that focus on environmental solutions could be excellent long-term opportun...
The survey results show that operational risk is the biggest concern for asset management firms. Fifty-five percent of respondents out of 175 executives surveyed said that operational risk is the key driver of profits. Garry Moody, national managing partner of Deloitte & Touche USA' investment ...
For these reasons, fewer firms compete in passive management and this is ultimately leading to more consolidation in the industry. Fortunately, investors have benefited from the cost-effective and efficient path to investment ownership that passive funds provide. In 2022, the average expense ratio of...
Little had been known about financial operations at the firms, known as asset-management companies, until a filing last year on a Cinda bond offering and now yesterday’s prospectus. Huarong Asset Management Corp is the next AMC expected to seek an IPO, hoping to raise up ...
, the first official injection of funds. By the next funding stage, called Series A, startups usually have a more detailed vision for their future and can, on average, expect to raise between $2 million and $20 million from established institutional players, known as venture capital firms....
is a prominent global financial services firm that provides investment banking, securities, wealth management, and investment management services. With assets under management totaling $1.5 trillion, Morgan Stanley is the fifth largest asset manager in the United States.9The firm is recognized for its ...
Schwab, the country's first discount brokerage, has consistently been rated one of the cheapest brokerage firms in the U.S.4In October 2019, Schwab cut commissions to zero from $4.95 for all U.S.- and Canadian-listed stocks, ETFs, options online, and mobile trades.5Online options trades ...